The Interim Financial Reporting in the Spirit of the IAS 34 Norm

The role of an interim financial reporting is to allow the information users to acknowledge the activity of an entity on period shorter than financial exercise from the perspective of the available profits and cash flows generated as well as from the point of view of its financial position and liquidity. The interim financial reporting includes a complete or condensed set of financial statements which target to update the last financial reporting, usually the annual report. The interim financial statements must assure informations that are comparable and in conformity with the international accounting norms