Accountancy, asked by avitadanraj90, 1 year ago

What are they benefits of developing IAS (International Accounting Standards)?

Answers

Answered by Anonymous
5

Benefits of International Accounting Standards are:-

(1) an increased comparability between firms, which reduces investor risk and facilitates cross-border financing and investment.

(2) a reduction in the cost of preparing consolidated financial statements for multinational firms.

(3) the improved reliability and credibility of financial reports.

hope it helps..


avitadanraj90: Thank you .
Anonymous: ur welcome
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