International Financial Reporting Standards

Business, Legal & Accounting Glossary

Definition: International Financial Reporting Standards


International Financial Reporting Standards

Quick Summary of International Financial Reporting Standards


A set of accounting standards, used worldwide, for how different kinds of transactions should be recorded in balance sheets and general ledgers. The Accounting Standards Board publishes and updates the International Financial Reporting Standards, in an effort to standardize accepted accounting practices across international boundaries.




Synonyms For International Financial Reporting Standards


IFRS


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https://payrollheaven.com/define/international-financial-reporting-standards/ (accessed: April 20, 2024).
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, from PayrollHeaven.com website: https://payrollheaven.com/define/international-financial-reporting-standards/

Definition Sources


Definitions for International Financial Reporting Standards are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.