Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN: 9781337902663
Author: WARREN, Carl S.
Publisher: Cengage Learning,
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Chapter C, Problem 3DQ
To determine

International Financial Reporting Standards (IFRS): IFRS are a set of international accounting standards which are framed, approved, and published by International Accounting Standards Board (IASB) for the preparation and disclosure of international financial reports.

Indicate the organization or body or board that is responsible for establishing IFRS

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Define International Financial Reporting Standards.
What do you think the International Financial Reporting Standards (IFRS) are?
List the types of authoritative pronouncements that constitute International Financial Reporting Standards (IFRS).
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