WHAT IS IFRS ALL ABOUT?

After sending an article on our new IFRS Video Lectures, I received over 250 emails of Accountants requesting that I send them more details of what IFRS is all about. So, I decided to research and write the article you are reading now. Sit down, relax and read on………. International Financial Reporting Standards (IFRSs) refers to a series of accounting pronouncements published by the International Accounting Standards Board (IASB) to help preparers of financial statements, throughout the world, produce and present high-quality, transparent and comparable financial information. The term “International Financial Reporting Standards (IFRSs) and interpretations approved by IASB and … Continue reading WHAT IS IFRS ALL ABOUT?