International Financial Reporting Standards Analytical Essay by Top Papers

International Financial Reporting Standards
A review of International Financial Reporting Standards or IFRS.
# 141470 | 750 words | 2 sources | APA | 2008 | US
Published on Dec 01, 2008 in Business (Accounting) , Accounting (General)


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Description:

This paper discusses the topic of International Financial Reporting Standards or IFRS in terms of the markets that have adopted them and the markets that have not such as the United States. The paper explains that the IFRS are also known as principle based accounting methods as opposed to rule based accounting methods such as GAAP in the United States. The paper reaches the conclusion that the IFRS are more flexible and appropriate for the global economic apparatus.

From the Paper:

'This project discusses the topic of International Financial Reporting Standards or IFRS. These IFRS are examined in terms of the markets that have adopted them and the markets that have not such as the United States. The IFRS are also known as principle based accounting methods as opposed to rule based accounting methods such as GAAP in the United States. The conclusion is that the IFRS are more flexible and appropriate for the global economic apparatus."

Cite this Analytical Essay:

APA Format

International Financial Reporting Standards (2008, December 01) Retrieved December 08, 2021, from https://www.academon.com/analytical-essay/international-financial-reporting-standards-141470/

MLA Format

"International Financial Reporting Standards" 01 December 2008. Web. 08 December. 2021. <https://www.academon.com/analytical-essay/international-financial-reporting-standards-141470/>

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