Write a note on IFRS
The term IFRS refers to the International Financial Reporting Standards issued by International Accounting Standard Board (IASB).
It also encompasses the International Accounting Standards (IAS) issued by the International Accounting Standard Committee (IASC).
Interpretations of IASs and IFRSs are developed by the International Financial Reporting Interpretations Committee (IFRIC).
IFRIC is the new name for the Standing Interpretations Committee (SIC) approved by the IASC Foundation Trustees.
IFRS includes these interpretations also
The term IFRS refers to the International Financial Reporting Standards issued by International Accounting Standard Board (IASB).
It also encompasses the International Accounting Standards (IAS) issued by the International Accounting Standard Committee (IASC).
Interpretations of IASs and IFRSs are developed by the International Financial Reporting Interpretations Committee (IFRIC).
IFRIC is the new name for the Standing Interpretations Committee (SIC) approved by the IASC Foundation Trustees.
IFRS includes these interpretations also
No comments:
Post a Comment