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Home > QFINANCE Dictionary > Definition of IFRS

Definition of

IFRS

Accounting abbr

standards for preparing financial statements International Financial Reporting Standards: a set of rules and guidelines established by the International Accounting Standards Board for standardizing the preparation of financial statements so that investors, organizations, and governments have a basis for comparison.

Definitions of ’IFRS’ and meaning of ’IFRS’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’IFRS’ and other financial terms with our online QFINANCE Financial Dictionary.

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