BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3 Weeks
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5 Weeks
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6 Weeks
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Detailed explanation-1: -The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards.
Detailed explanation-2: -The purpose of the Framework is to establish guiding principles and content elements that govern the overall content of an integrated report, and to explain the fundamental concepts that underpin them.
Detailed explanation-3: -The IIRC recognises six distinct but interrelated capitals: financial, manufactured, natural, human, intellectual and social and relationship. How the organisation interacts with the external environment and the capitals to create value over the short, medium and long term.
Detailed explanation-4: -An integrated report should enable providers of financial capital to assess whether, to what extent and how an organization’s business model affects the wider context that supports or threatens value creation, including financial value, in the short, medium and long term.