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What is IFRS?

IFRS stands for International Financial Reporting Standards and it is a set of principles and rules for reporting various transactions and items in the financial statements. Just like United States have their US GAAP, Canada has its Canadian GAAP, United Kingdom has its UK GAAP etc,…

IFRS® is the IFRS Foundation’s registered Trade Mark and is used by Simlogic s.r.o under licence during the term and subject to the conditions contained therein.