Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the benefit of the adoption of International Financial Reporting System to profit oriented organisation?

user-image
Question added by Olayiwola Olusanya
Date Posted: 2015/09/28
Anna Bruce née Semaikina
by Anna Bruce née Semaikina , Global Sales Support Leader , Weatherford Oil Tools ME

The adoption of IFRS contribute to standardization of financial reporting under the same accounting framework. Rather than develop an individual accounting framework, it will improve accounting standards and will be accepted by any auditing firm. 

More Questions Like This