IRFS definition

IRFS means International Financial Reporting Standards, International Accounting Standards and interpretations of those standards issued by the International Accounting Standards Board and the International Financial Reporting Standards Interpretations Committee and their predecessor bodies as adopted by the European Commission.
IRFS means the system used to manage: the purchase of invoices from Suppliers, the schedule and remittance of payment (for the invoice) to the Supplier, the calculation of fees and interest, the collection of the amount due from the Remarketer and the relationship between three parties – financier, Supplier and Remarketer.
IRFS means the International Remarketer Financing system, IGF’s commercial processing system.

Examples of IRFS in a sentence

  • The AcSB strategic plan outlines the convergence of Canadian GAAP with IRFS over an expected five year transitional period.

  • The Company has begun assessing the adoption of IRFS for its year ended March 31, 2012, and the identification of the new standards and their impact on financial reporting.

  • Then, contracts that were identified as excluding lease during adoption of IAS 17 and IFRIC 4 were identified as inapplicable for IRFS 16.

  • Central government and NHS bodies are to move from UK Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IRFS) with effect from 2008/09.

  • At the balance sheet date, the following amendments to existing standards have been published but not yet adopted by the Code of Practice of Local Authority Accounting in the United Kingdom: Definition of a Business (amendments to IFRS 3 Business Combinations); Interest Rate Benchmark Reform (amendments to IFRS 9, IAS 39 and IFRS 7);Interest Rate Benchmark Reform – Phase 2 (amendments to IFRS 9, IAS 39, IFRS 7, IRFS 4 and IFRS 16).

  • Management believes these non-IFRS financial measures, in addition to conventional measures prepared in accordance with IRFS, enable investors to evaluate the Company’s operating results, underlying performance and future prospects in a manner similar to management.

  • The IRFS 16 Leases accounting standard will from April 2022 require leases in, with the exception of low value and short term leases to be included on the balance sheet.

  • In accordance with IRFS 13, the Fund has changed its valuation input for financial assets and liabilities measured at fair value effective January 1, 2012, based on a quoted price in an active market, to last traded prices in cases where the last traded price falls within the bid-ask spread.

  • IFRS 9 requires the Company to record expected credit losses on all trade receivables, either on a 12-month or lifetime basis.The adoption of IFRS 9 has not had an effect on the Company’s accounting policies related to financial liabilities.There was no material impact of the transition to IRFS 9 on the Company’s statement of financial position at March 31, 2018.

  • IRFS 16 is a new standard that sets out the principles for recognition, measurement, presentation, and disclosure of leases including guidance for both parties to a contract, the lessee and the lessor.


More Definitions of IRFS

IRFS international financial reporting standards; "Irish Competition Authority", the body corporate known as the Irish Competition Authority as established under the Competition Act; "Xxxxxxx XX", Xxxxxxx Alzheimer Immunotherapy;

Related to IRFS

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  • Managed health care system means: (a) Any health care

  • Deaf/blindness means concomitant hearing and visual impairments, the combination of which causes such severe communication and other developmental and educational problems that they cannot be accommodated in special education programs solely for students with deafness or students with blindness.

  • Medical evaluation means the process of assessing an individual's health status that includes a medical history and a physical examination of an individual conducted by a licensed medical practitioner operating within the scope of his license.

  • Educational personnel means persons who must meet requirements pursuant to state law as a condition of employment in educational programs.

  • Medical history means information regarding any:

  • Palliative care means medical service rendered to reduce or moderate temporarily the intensity of an otherwise stable medical condition, but does not include those medical services rendered to diagnose, heal or permanently alleviate or eliminate a medical condition.

  • Long-term inpatient care means inpatient services for

  • Pharmacy care means medications prescribed by a licensed physician and any health-related services considered medically necessary to determine the need or effectiveness of the medications.

  • Home Health Care means the continual care and treatment of an individual if:

  • Licensed health care practitioner means a physician, as defined in Section 1861(r)(1) of the Social Security Act, a registered professional nurse, licensed social worker or other individual who meets requirements prescribed by the Secretary of the Treasury.

  • Home health care services means medical and nonmedical services, provided to ill, disabled or infirm persons in their residences. Such services may include homemaker services, assistance with activities of daily living and respite care services.

  • Home Health Care Agency means an agency or organization which provides a program of home health care and which:

  • Free appropriate public education means special education and related services that:

  • Medical personnel means those persons assigned, by a Party to the conflict, exclusively to the medical purposes enumerated under subparagraph (e) or to the administration of medical units or to the operation or administration of medical transports. Such assignments may be either permanent or temporary. The term includes:

  • Medical care means amounts paid for:

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Acute care hospital means a Hospital that provides Acute Care Services. Adjudicate means to deny or pay a Clean Claim. Administrative Services see MCO Administrative Services. Administrative Services Contractor see HHSC Administrative Services Contractor.

  • Local health department means the same as that term is defined in Section 26A-1-102.

  • Licensed health care professional means a person who possesses a professional medical license that is valid in Oregon. Examples include, but are not limited to, a registered nurse (RN), nurse practitioner (NP), licensed practical nurse (LPN), medical doctor (MD), osteopathic physician (DO), respiratory therapist (RT), physical therapist (PT), physician assistant (PA), or occupational therapist (OT).

  • Allied Health Professional means a person registered as an allied health professional with the Health Professions Council;

  • Department of Health and Human Services means the Department of Health and Human Services

  • Clinic means a facility that provides hemodialysis or peritoneal dialysis services to patients suffering from kidney disease.

  • Relative caregiver means an individual who operates a home that has been approved by the Department to provide care for a related child or young adult placed in the home by the Department.

  • Health Department means the department of environmental quality, a city health department, a county health department, or a district health department, whichever has jurisdiction.