International Financial Reporting Standard (IFRS): Principle based Standard

Sanjay Chauhan (IFRS) , Last updated: 09 May 2012  
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IFRS are considered a principles based set of standards that establish broad rules for accounting. Rules-based standards such as US GAAP have an accounting rule for almost every type transaction. There are various oversight bodies whose objective is to roll out accounting for every new tran

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Sanjay Chauhan (IFRS)
(IFRS)
Category Accounts   Report

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