Author: AICPA

What is IFRS?

What is IFRS? International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements. What is the IASB? The IASB is an independent accounting standard-setting body, based in London. It consists of 15 … Continued