The Economic European Area decided to require public groups to prepare their financial statements under IFRS covering periods beginning on or after January 1, 2005. The Spanish experience with the implementation of IFRS in consolidated financial statements has been very positive, but it is...

There is an underlying partnership agreement in cooperatives that makes use of accounting regulations to determine the results. This can indirectly lead to a modification in the organization that was originally planned. Therefore, we should start with accounting regulations when legislating on...