How to Learn IFRS (Part 1)
by
Silvia
The world has been constantly moving to the single set of global accounting rules. There is a strong ambition to adopt IFRS as a unified set of financial reporting standards all over the planet by 2015. So yes, I understand that accountants and other finance…
Financial Statements, Other Topics
13
What is IFRS?
by
Silvia
IFRS stands for International Financial Reporting Standards and it is a set of principles and rules for reporting various transactions and items in the financial statements. Just like United States have their US GAAP, Canada has its Canadian GAAP, United Kingdom has its UK GAAP etc,…
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