International Financial Reporting Standard

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
IFRS
Pronunciation
/ˌɪnərˈnæʃənɑl ˌfaɪˈnænʃəl rɪˈpɔrtɪŋ ˈstændərd/
Category
Business
Related Field
Accounting

Examples in Context

  1. This regulation is conducive to restrain corporation using impairment provision and reversal to do profit manipulation, but denies the impact of the economic factors on asset values, making an important difference in the accounting standards of China and International Financial Reporting Standard(IFRS).
  2. With the gradually progress of accounting reform in China, the differences between China Accounting Standards ( CAS ) and International Financial Reporting Standard(IFRS) ( IFRS ) have been narrowing.

Other meanings of IFRS

International Financial Reporting Standards Business
International Finance Reporting Standards (!) Medical
International Financial Reporting Business
International Financial Reporting System Business
Indian Financial Reporting Standards Regional
I F R Systems, Inc. Business
Iron Fists Reign Supreme Misc
Integrated Fiscal Reporting System Misc