Compare the Difference Between Similar Terms
Difference Between
IFRS vs AASB An accounting standard can be defined as a set of rules and procedures that need to be followed in preparing financial statements at the end of a financial year. This article evaluates the purposes and the importance of AASB accounting body and IFRS standards that are linked with the international accounting […]
IAS vs IFRS As IAS and IFRS are standards in the accounting practice that one adheres to in financial reporting, it is important to know the difference between IAS and IFRS. There was a need in the 1960’s to standardize accounting processes and reporting in order for practically anyone to understand the financial statements of […]
