IFRS

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IFRS

See: International Financial Reporting Standards

International Financial Reporting Standards

A system for standardizing accounting practices across the world. International Financial Reporting Standards are issued and interpreted by the International Accounting Standards Board. Though it has no authority to enforce its rulings, a number of jurisdictions, including the European Union, Singapore, and the Gulf Cooperation Council follow its guidelines anyway. The IFRS replaced the International Accounting Standards in 2001.

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International Accounting Standards Board International Financial Reporting Standards			GAAP to IFRS is a heavily discussed topic in the corporate world. Highlights of IFRS research by Bolt-Lee, Cynthia; Smith, L. Murphy / Journal of Accountancy More than 65% of respondents indicated that their company had designated a person or team to focus on IFRS or monitor IFRS developments * 80% of respondent companies are positioning themselves to address IFRS. The inevitability of IFRS by California CPA Financial Executive recently conducted a preliminary online survey to gauge members' opinions on the International Financial Reporting Standard for Small- and Mid-Sized Entities, known as IFRS for SMEs. Early feedback on adoption of IFRS for SMEs by Heffes, Ellen M. / Financial Executive			Identical Treatment Identification Problem Identified Renewal Identified Shares Identified Transaction Identify Shares Identifying Numbers Identity Theft Identity Theft and Assumption Deterrence Act of 1998 Identity Thief IDIN Idiosyncratic Risk Idiot Card Idle Idle Capacity Idle Funds Idle Time Idou Heikin Idou heikin Shusoku Hassan Hou IDR IE IEA Petroleum Reserves IEP IFC IFO Business Climate Index IFRS IHS Global Insight Iirudokaabu Ijara Wa Iktina Ijarah Iji Shoukokin IL ILEC Iliquidez Illegal Act Illegal Alien Illegal Contract Illegal Dividend Illegal Income Illegal Partnership Illegal Strike Illiquid Illiquid Asset Illiquid Market Illiquidite illiquidity Illustration Illustrator ILP ILS IM			IFREP IFRES IFRF IFRG IFRHO IFRI IFRIC IFRIM IFRIMA IFRIN IFRIS Ifrit Ifrit Ifrit IFRL IFRLY IFRM IFRN IFRO IFRON IFRP IFRPD IFRPS IFRR IFRRO IFRRS IFRS IFRSD IFRT IFRTC IFRTD IFRTO IFRTP IFRTT IFRU IFS IFS IFS IFS IFS IFS (disambiguation) IFS (disambiguation) IFS&M IFS-I IFS-M IFSA IFSAB IFSAC IFSAH IFSAM IFSAP IFSAR IFSARE IFSAS IFSB IFSBI

Financial Dictionary

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