Difference between revisions of "International Financial Reporting Standards"

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[[International Financial Reporting Standards]] (also known by its acronym; hereinafter, [[IFRS]]) is a group of accounting standards and procedures that if adopted by the [[United States]] could replace [[GAAP]].
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[[International Financial Reporting Standards]] (also known by its acronym; hereinafter, [[IFRS]]) is a group of accounting standards and procedures that if adopted by the [[United States]] could replace [[Generally Accepted Accounting Principles|GAAP]].
  
  
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*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
 
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
  
==Related coursework==
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==Related lectures==
 
*[[Bookkeeping Quarter]].  
 
*[[Bookkeeping Quarter]].  
  
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]

Latest revision as of 19:31, 4 January 2019

International Financial Reporting Standards (also known by its acronym; hereinafter, IFRS) is a group of accounting standards and procedures that if adopted by the United States could replace GAAP.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

International Financial Reporting Standards. A group of accounting standards and procedures that if adopted by the United States could replace GAAP.

Related concepts

Related lectures