Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • International Financial Reporting Standards

Etymologies

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Examples

  • Wireless Matrix is reporting its financial results for the first quarter of 2012 approximately two weeks later than usual to allow additional time for preparation of its financial statements under International Financial Reporting Standards IFRS, which is required of Canadian public companies for reporting periods ended January 1, 2011 and later.

  • GAAP, as compared to IFRS, which is what Telenet reported on last week.

  • Right now, CPA firms and public companies are waiting for direction from regulatory agencies about transitioning from Generally Accepted Accounting Principles, the primary set of accounting rules used in the United States, to IFRS, which is used widely throughout the world, including Canada.

    Dallas Business News - Local Dallas News | Dallas Business Journal

  • The IASB accounting rules, known as IFRS, are used in more than 110 countries, including Germany, France and the U.K.

    BusinessWeek.com --

  • An analysis of these EDs reveals that the ICAI has decided to deviate from IFRS as issued by the IASB (subsequently referred to as IFRS) in certain areas.

    Moneycontrol Top Headlines

  • IFRS, which is subject to ongoing assessment by the Company.

    EMPIRE COMPANY REPORTS SECOND QUARTER RESULTS - Yahoo! Finance

  • The IFRS is a uniform set of global accounting standards intended for use in the preparation of financial statements at publicly held companies.

    National Business News - Local Business News | bizjournals

  • The Group Managing Director / Chief Executive Officer of FirstBank, Mr. Sanusi Lamido Sanusi asserted that the "adoption of the IFRS is a significant milestone which further cements FirstBank's leadership in corporate governance."

    AllAfrica News: Latest

  • And so whereas there are some analysis of technical requirements of GAAP versus IFRS, that isn't the lion share of the work.

    SeekingAlpha.com: Home Page

  • This project was required in order to adequately support the implementation of the International Financial Reporting Standards "IFRS" and to remain current with the operational platform used by the Corporation.

    Cogeco Cable Reports Strong First Quarter Results and Improves Its Fiscal 2011 Guidelines - Yahoo! Finance

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