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What Are the International Finance Reporting Standards?

Posted by Protiviti KnowledgeLeader on Fri, Dec 07, 2012 @ 02:54 PM

International Financial Reporting Standards (IFRS) are accounting standards and interpretations adopted by the International Accounting Standards Board (IASB). They include IFRS issued by the IASB since its formation on July 1, 2000, and International Accounting Standards (IAS) previously issued by the International Accounting Standards Committee (IASC) and adopted by the IASB upon its formation.

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Topics: IFRS

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