Question

What do you mean by IFRS?​

Answer 1

International Financial Reporting Standards is a set of accounting standard developed by an independent, not-for-profit organization.

Answer 2

Answer:

International Financial Reporting Standards

International Financial Reporting Standards (IFRS) set common rules so that financial statements can be consistent, transparent, and comparable around the world. IFRS are issued by the International Accounting Standards Board (IASB).