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Financial Statements and Disclosure IAS Plus Form

Financial Statements and Disclosure IAS Plus Form

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hey everyone and welcome back to everything about accounting today we're taking a trip around the globe to explore a crucial Concept in international business International financial reporting standards IFRS whether you're a curious student an aspiring accountant or a seasoned professional looking to expand your horizons this video is your beginner's guide to IFRS so buckle up and get ready to unlock the language of international financial reporting a world of different languages why do we need IFRS imagine a scenario where every country has its own unique way of saying hello communicating would be a chaotic mess similarly without standardized accounting practices comparing the Financial Health of companies across different countries becomes incredibly difficult here's where IFRS comes in a set of globally recognized Accounting Standards developed by the International Accounting Standards Board iasb these standards aim to bring consistency and transparen

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