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What is IFRS and why is it important for ACCA students?

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International Financial Reporting Standards (IFRS) are a set of globally accepted accounting standards issued by the International Accounting Standards Board (IASB). These standards provide a common language for financial reporting, ensuring that financial statements are transparent, consistent, and comparable across countries. IFRS covers key areas such as revenue recognition, financ... https://northstaracad.com/

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