Ifrs full form: IFRS are accounting standards

IFRS are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They are used by many countries and territories to describe the company's financial performance and position in a standardised way. IFRS stands for International Financial Reporting Standards, a globally-accepted set of accounting and financial reporting guidelines. Learn about its objectives, uses, and importance for businesses, investors, and economies. IFRS course details: Learn eligibility, syllabus, essential skills, and career prospects in International Financial Reporting Standards | Zell Education The IFRS Foundation is a not-for-profit responsible for developing global accounting and sustainability disclosure standards, known as IFRS Standards.