Meaning of the word ifrs in English

What does ifrs mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ifrs

Noun

1.

abbreviation for International Financial Reporting Standard : one of the standards created by the International Accounting Standards Board, which explains how company accounts must be recorded or shown:

Example:
IFRSs are mandatory for listed companies in the EU.
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