Can you answer this FAR question? If not, sit for FAR now!

IFRS

IFRS

IFRS means International Financial Reporting Standards.

International Financial Reporting Standards issued by the IASB (international Accounting Standards Board) are used by companies doing business overseas or selling stock overseas. IFRS rules differ from GAAP (American accounting rules) in several significant areas such as layout of statements and valuation techniques.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.