Financial Statement Analysis

This book is written under the historical cost convention and in accordance with the requirements of the Companies Act, 1994, International Financial Reporting Standards (IFRS) and International Accounting Standards (IASs) adopted by the Institute of Chartered Accountants of Bangladesh (ICAB) and as applicable to this Company. The preparation of the financial statements in conformity with the Bangladesh Accounting Standards (BASs) require Board of Directors to make estimates and assumptions that affect the reported amounts of revenues and expenses, assets and liabilities at date of the reporting year. Due to the inherent uncertainty involved in making estimates, actual result reported could differ from those estimates.