Posted: July 1st, 2015

Outline the key standards, which reflect the IFRS within the Kuwaiti environment.

1. Understand the behavior of the Kuwaiti company regarding the IFRS topic.

For example VIVA Company in Kuwait

Include Discuss:

-When did company use IFRS

-What the benefit of IFRS on company

-Why know they use IFRS

2. Define IFRS and its adoption based on the main requirements

3. Outline the key standards, which reflect the IFRS within the Kuwaiti environment.

• You can find 1/2/3 in annual report (2013) of the VIVA Company in this link:

https://www.viva.com.kw/viva-publish-1.0/pdf/AnnualReport_2013_EN.pdf