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Difference between IAS & IFRS

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Question added by shahzad bhatti , ASSISTANT MANAGER ACCOUNTS , M/S ALLIED ENGINEERING & SERVICES (PVT) LTD - CATERPILLAR PAKISTAN
Date Posted: 2015/03/10
عبدالحميد عفلي
by عبدالحميد عفلي , متصرّف مسؤول المحاسبة العامة والنزاعات الجبائية , الشركة الجهوية للنقل بالقيروان

IFRS are issued by the IASB

IAS were issued by the IASC (International Accounting Standards Committee), predecessor to the IASB until2000

Muhammad Asif
by Muhammad Asif , Accountant , Prestige Plastics LLC

IAS are international accounting standers and IFRS are international financial reporting standers 

IAS stands for International Accounting Standards, while IFRS refers to International Financial Reporting Standards.

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