Korean IFRS definition

Korean IFRS means the International Financial Reporting Standards, as adopted in the Republic of Korea.
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Examples of Korean IFRS in a sentence

  • The consolidated financial statements of the Group have been prepared in accordance with Korean IFRS.

  • Although these entities are not related parties of the Company in accordance with Korean IFRS 1024, they belong to the same large enterprise group in accordance with the Monopoly Regulation and Fair Trade Act.

  • The Group maintains its accounting records in Korean won and prepares statutory financial statements in the Korean language (Hangul) in accordance with International Financial Reporting Standards as adopted by the Republic of Korea (Korean IFRS).

  • In accordance with the transitional provisions in Korean IFRS 1109, comparative figures have not been restated.

  • Forfeiture of wages etc., of seaman when illness caused by his own default.

  • For some listeners, however, blackness remained essential to the music.

  • Korean IFRS are the standards and related interpretations issued by the International Accounting Standards Board (“IASB”) that have been adopted by the Republic of Korea.

  • Korean IFRS 1109 Financial Instruments requires all financial assets to be classified and measured on the basis of the entity’s business model for managing financial assets and the contractual cash flow characteristics of the financial assets.

  • The Group has adopted Korean IFRS 1116 retrospectively, as permitted under the specific transitional provisions in the standard, and recognized the cumulative impact of initially applying the standard as at January 1, 2019, the date of initial application.

  • With implementation of Korean IFRS 1116 Lease, the Group has changed accounting policy.

Related to Korean IFRS

  • Ringgit Malaysia “RM” The lawful currency of Malaysia.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • Singapore means the Republic of Singapore and, when used in a geographical sense, includes its land territory, internal waters and territorial sea, as well as any maritime area situated beyond the territorial sea which has been or might in the future be designated under its national law, in accordance with international law, as an area within which Singapore may exercise sovereign rights or jurisdiction with regards to the sea, the sea-bed, the subsoil and the natural resources;

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Swiss Francs means the lawful currency of Switzerland.

  • Rupiah or "Rp" means the currency of the Borrower;

  • Swiss Franc means the lawful currency of Switzerland.

  • Malaysia means the territories of the Federation of Malaysia, the territorial waters of Malaysia and the sea-bed and subsoil of the territorial waters, and includes any area extending beyond the limits of the territorial waters of Malaysia, and the sea-bed and subsoil of any such area, which has been or may hereafter be designated under the laws of Malaysia and in accordance with international law as an area over which Malaysia has sovereign rights for the purposes of exploring and exploiting the natural resources, whether living or non-living;

  • Australian Dollars means the lawful currency of Australia.

  • Japanese Yen means the lawful currency of Japan.

  • Korea means the Republic of Korea.

  • Singapore Dollars means the lawful currency of Singapore.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • British Pounds Sterling means the lawful currency of Great Britain.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • United Kingdom means Great Britain and Northern Ireland;

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of the central banking and also includes its successors;

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • Australian Consumer Law means the Australian Consumer Law set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth).

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Australian Dollar means the lawful currency of Australia.

  • Hong Kong Dollar means the lawful currency of Hong Kong.

  • Eurozone means the region comprised of member states of the European Union that adopt the single currency in accordance with the Treaty establishing the European Community, as amended;