Standards issued by the international accounting standards board (IASB) are known as:

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Accountants always prepare budgets, financial reports, Costing sheets etc. what ...
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Sudishna Yohan Chaturaka Ranasinghe
11-August-2022

a. Financial Reporting Standards (FRSs) b. International Accounting Standards (IASs) c. International Financial Reporting Standards (IFRSs) d. International Financial Standards (IFSs)

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Date de publication: 2013/08/27

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par Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial

C- IFRSs

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par Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

Its B and C

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par Yasir Ammar Mehmood , Senior Accountant , Al-Mustufa Medical Centre

Answer is c. International Financial Reporting Standards (IFRSs).

Reason:

The IASB publishes its standars in a series of pronouncements called International Financial Reporting Standards (IFRSs). Upon its inception the IASB adopted the body of International Accounting Standards (IASs) issued by its predecessor, the Board of the International Accounting Standards Committee. The term :International Financial Reporting Standards' includes IFRSs, IASs and interpretations developed by the Interpretations Committe or the former Standing Interpretations Committee (SIC).

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