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NIIF Support about medici HOT 5 CLOSED

flash-oss avatar flash-oss commented on August 13, 2024
NIIF Support

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Comments (5)

Uzlopak avatar Uzlopak commented on August 13, 2024

NIIF?

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javierpineros avatar javierpineros commented on August 13, 2024

Thanks for your quick response

This norms are a international standard for accounting managed by IFRS Foundation (International Reporting Financial Standars)

Below is an excerpt from this foundation on its website (www.ifrs.com)

The IFRS Foundation is a not-for-profit, public interest organisation established to develop a single set of high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards—IFRS Standards—and to promote and facilitate adoption of the standards.

IFRS Accounting Standards set out how a company prepares its financial statements. IFRS Sustainability Disclosure Standards set out how a company discloses information about sustainability-related factors that may help or hinder a company in creating value.

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Uzlopak avatar Uzlopak commented on August 13, 2024

LOL, I dont think so. This is just a package for implementing basic accounting. If you want to ensure that various standards are fullfilled.

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javierpineros avatar javierpineros commented on August 13, 2024

Okay, I get it, thanks for you response, have a great day! :)

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koresar avatar koresar commented on August 13, 2024

medici supports NIIF as much as JavaScript does.

medici is just a tool. You can use or abuse it.

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