Essay On History Of The International Accounting Standards Board

The Role of Ifrs IFRS ESSAYIntroductionThe International Financial Reporting Standards (IFRS) is a set of transparent, efficient and principles-based financial reporting standards developed by the International Accounting Standards Board (IASB). In the past decade, enhancing the comparability and credibility of company reports has aroused burning interest worldwide. The adoption of IFRS is widely recognizsed as.