Petroleum Acronyms
OIL & GAS GLOSSARY
Marine & Logistics

IFRS

Definition

International Financial Reporting Standards

IFRS means International Financial Reporting Standards. International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and…

International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries

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