International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities publicly listed.
international financial reporting standards commonly called ifrs are accounting standards issued by the ifrs foundation and the international accounting standards board (iasb) they constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries they are particularly relevant for companies with shares or securities publicly listed