Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

International Financial Reporting Standard

 
 
noun [C] (abbreviation IFRS)

Definition

ACCOUNTING one of the standards created by the International Accounting Standards Board which explains how company accounts must be recorded or shown
(Definition of International Financial Reporting Standard noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of International Financial Reporting Standard