Course on Industry & General Public International Financial Reporting Standards

Academy of Commerce
In New Delhi

Price on request
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Important information

Typology Course
Location New delhi
Duration 1 Day
  • Course
  • New delhi
  • Duration:
    1 Day


Where and when

Starts Location
On request
New Delhi
9/9, South Patel Nagar New Delhi-110008 , 110008, Delhi, India
See map
Starts On request
New Delhi
9/9, South Patel Nagar New Delhi-110008 , 110008, Delhi, India
See map

Course programme

IFRS (International Financial Reporting Standards) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements.

IFRS provides general guidance for the preparation of financial statements rather than setting rules for industry-specific reporting. Currently, over 100 countries permit or require IFRS for public companies, with more countries expected to transition to IFRS by 2015. Having an international standard is especially important for large companies that have subsidiaries in different countries. Adopting a single set of world-wide standards will simplify accounting procedures by allowing a company to use one reporting language throughout. A single standard will also provide investors and auditors with a cohesive view of finances.

Academy of Commece offers coaching in the above mentioned course

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