IFRS

International Financial Reporting Standards (IFRS) are principles-based Standards, Interpretations and the Framework [1] adopted by the International Accounting Standards Board (IASB). 

Blue-sky statutes

A state law in the United States that regulates the offering and sale of securities to protect the public from fraud. Though the specific provisions of these laws vary among states, they all require the registration of all securities offerings and sales, as well as of...

Private placement memorandum

The primary purpose of a PPM is to give the entrepreneur the opportunity to present all potential risks to the investor. The PPM protects the entrepreneur in the event that the investment goes sour. That’s why it’s so important that the private placement...