Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised. The iasb has the authority to set ifrs and to approve interpretations of those standards. At mri software, our comprehensive solution suite has consistently evolved to help clients in south africa meet the rigorous demands of core accounting and financial reporting regulations and our current product range has been developed specifically for introduction of the new ifrs 16 standards. If youre looking for a free download links of ifrs international financial reporting standards. The international financial reporting standards foundation is a notforprofit corporation incorporated in the state of delaware, united states of america, with the delaware division of companies file no. Ifrs international financial reporting standards pdf. These entities financial statements give information. Our innovative ifrs 16 software is being utilised by several leading corporate occupiers in retail, aviation, telecoms, logistics and a variety other sectors to efficiently and proactively tackle. Ifrs is intended to be applied by profitorientated entities. This complete information revealed by watson offers wonderful steerage and readability for sensible software of ifrs. International financial reporting standards ifrs definition. Diese moglichkeit wird auch explizit vom standard aufgezeigt ias 7.