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what is IFRS ?Brifely explain.
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Answer / rdiyewar
International Financial Reporting Standards (IFRS)
accounting and reporting standards in the European Union
countries.
| Is This Answer Correct ? | 35 Yes | 13 No |
Answer / likhitha.b.m
INTERNATIONAL FINANCIAL REPORTING STANDARDS(IFRS) are the standards for the frame work for the preparation and presentation of financial statements, recommended or suggeated by the international accounting standards board(IASB), for adoption by business enterprises, in the absence of a standard specifically applicable to a transaction.
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