The qualitative characteristics identified in the Global Reporting Initiatives (GRI)Guidelines are similar with those provided in IAS 1 Presentation of Financial Statements.

Question

Quizplus · Accepted Answer

The GRI Guidelines focus on sustainability reporting, emphasizing transparency, stakeholder inclusiveness, and sustainability context, while IAS 1 focuses on financial reporting, emphasizing understandability, relevance, reliability, and comparability.

The Qualitative Characteristics Identified in the Global Reporting Initiatives (GRI)Guidelines