Which of the following is the coding structure that would be used for Australia and New Zealand?
A)XBRL
B)IFRS
C)GAAP
D)XML

Question

Quizplus · Accepted Answer

IFRS (International Financial Reporting Standards) is the coding structure used by Australia and New Zealand for financial reporting. Both countries have adopted IFRS, which are standards and interpretations adopted by the International Accounting Standards Board (IASB).

Which of the Following Is the Coding Structure That Would