Definitions for "IFRS"
International Financial Reporting Standards are international standards (formerly IAS – International Accounting Standards) established by the IASB (International Accounting Standards Board). According to European law, European companies must adhere to these standards which have been set out in order to standardise financial reporting methods.
International Financial Reporting Standards are accounting standards set by the International Accounting Standards Board.... more on: IFRS
an international accounting standard developed by the IASB