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Benefits of Adopting IFRS International Financial Reporting Standards, also known as IRFS is the subject of discussion among financial experts today. Currently, there is a debate on how to enforce changes in how companies file their financial records and statements. Through IFRS, companies would have the option of swapping from GAAP to IRFS. However, this … Read more
Benefits of IFRS The International Financial Reporting Standards are rules and guidelines that are set by the ISAB which refers to International Accounting Standards Board that organizations and companies follow when filling financial statements. The formation of international standards enables investors, government and organizations to compare various financial statements supported by IFRS with greater ease. … Read more
