Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “International Accounting Standards”

International Accounting Standards

noun [plural]
 
 
( abbreviation IAS)
ACCOUNTING international standards for accountants which explain how they should record and show companies' financial information. International Accounting Standards were published from 1973 to 2000 by the International Accounting Standards Committee (IASC), which was replaced by the International Accounting Standards Board (IASB) in 2001. Since then, the IASB has changed some International Accounting Standards and replaced others with new International Financial Reporting Standards (IFRSs).
(Definition of International Accounting Standards from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of International Accounting Standards?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “International Accounting Standards”

Word of the Day

hard luck story

a story or piece of information that someone tells you or writes about himself or herself, intended to make you feel feel sympathy for that person

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More