Concept information
Preferred term
international financial reporting standards
Definition
- International Financial Reporting Standards are accounting rules and principles developed and promoted worldwide by the International Accounting Standards Board. Accounting systems reflect the legislative environments in which they have developed. [Source: Encyclopedia of Business in Today's World; International Financial Reporting Standards]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/international_financial_reporting_standards
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