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Why Do Some Standards Start With IAS & Others With IFRS? 🤔 #ACCA #IFRS #IAS #Accounting #Concept
Have you ever wondered why some accounting standards start with IAS while others start with IFRS? 🤔
In this short, we'll break down the difference between IAS (International Accounting Standards) and IFRS (International Financial Reporting Standards), why both still exist today, and how accounting standards have evolved over time.
If you're studying ACCA, understanding the reason behind standards can make concepts much easier to remember and apply.
📚 Examples covered:
• IAS 1, IAS 2, IAS 38
• IFRS 9, IFRS 15, IFRS 16
#ACCA #IFRS #IAS #Accounting #Concept
Видео Why Do Some Standards Start With IAS & Others With IFRS? 🤔 #ACCA #IFRS #IAS #Accounting #Concept канала ACCA TEKNOWLEDGE
In this short, we'll break down the difference between IAS (International Accounting Standards) and IFRS (International Financial Reporting Standards), why both still exist today, and how accounting standards have evolved over time.
If you're studying ACCA, understanding the reason behind standards can make concepts much easier to remember and apply.
📚 Examples covered:
• IAS 1, IAS 2, IAS 38
• IFRS 9, IFRS 15, IFRS 16
#ACCA #IFRS #IAS #Accounting #Concept
Видео Why Do Some Standards Start With IAS & Others With IFRS? 🤔 #ACCA #IFRS #IAS #Accounting #Concept канала ACCA TEKNOWLEDGE
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