IFRS stands for
A) International and Foreign Reporting Systems.
B) International Financial Reporting Standards.
C) Important Foreign Registering Systems.
D) International and Foreign Registering Standards.

Question

Quizplus · Accepted Answer

IFRS stands for International Financial Reporting Standards. This is a set of accounting standards developed by the International Accounting Standards Board (IASB) for companies to use in preparing financial statements.

IFRS Stands for