Question

Significant difference between IFRS / IAS - 27 ?
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Answer 1

Answer:

International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS) are the same. The difference between them is that IAS represents old accounting standard, such as IAS 17 Leases. While, IFRS represents new accounting standard such as IFRS 16Leases.

Explanation:

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