IFRS stands for
A)International Financial Reporting Standards.
B)International Forensic Response System.
C)International and Financial Reporting Statements.
D)International Financial Recovery System.

Question

Quizplus · Accepted Answer

IFRS stands for International Financial Reporting Standards, which are a set of globally recognized accounting standards used to prepare financial statements. These standards ensure consistency and transparency in financial reporting across different companies and countries.

IFRS Stands for