International Financial Reporting Standards (IFRS) and International Accounting Standard (IAS) gives common global language for preparation, presentation of financial statements. It will enhance the company accounts are understandable and comparable across businesses around the world. Right now these standard used more than 120 countries with or without slight modifications.
IFRS, IAS and SIC accounting standard are adopting every business. All the accounting procedures are based on these things. If you’re a student it’s better keep in touch with these international accounting standards. IFRS for You is a one of the best Android app that gives you all these standard in at one place. This post will not give introduction about these accounting standards. So now you don’t need download PDF and read them.
This Android app summarized all the standard for easily understand and get a good idea. Maint window it display list of IFRS, IAS and SIC separately according to the standard number. Every content have “Overview”, “Definition”, “Scope” and “Disclosure” .
I’m a part time blogger and I blog as a hobby. I have a BBA (Bachelor of Business Administration) Special degree in the University of Peradeniya (Sri Lanka) and I’m a part qualified CMA Sri Lanka.