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international financial reporting standard (IFRS)

International Financial Reporting Standards (IFRS) are accounting standards that must be adopted by listed companies in the European Union (EU) in accordance with a resolution passed in 2002. The aim of these regulations is to ensure the comparability of company data and financial statements in the European Union.

Englisch: international financial reporting standard - IFRS
Updated at: 31.05.2009
#Words: 47
Links: end user (EU), resolution, data,
Translations: DE

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