International Financial Reporting Standards definition

International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

International Financial Reporting Standards or “IFRS” means the accounting standards issued or endorsed by the International Accounting Standards Board.

International Financial Reporting Standards means that set of accounting standards established and issued by the International Accounting Standards Board, as amended from time to time.

Examples of International Financial Reporting Standards in a sentence

• The annual report shall include the audited financial statements, including any notes and disclosures in accordance with International Financial Reporting Standards.

• In accordance with globally accepted International Financial Reporting Standards (IFRS), principal and interest repayments on the loan amortization schedule shall be calculated on the basis of an equivalent reducing balance interest rate of up to a maximum of 6.64% subject to the loan term, which shall form the basis of calculating the outstanding amount due in the event of a prepayment.

• The Globalworth Audited Consolidated Financial Statements have been prepared in accordance with International Financial Reporting Standards as adopted by the European Union (“IFRS”) and in compliance with Companies (Guernsey) Law, 2008, as amended.

More Definitions of International Financial Reporting Standards

International Financial Reporting Standards or “IFRS” means, at any time, the current version of accounting standards set out by the International Accounting Standards Board in London, England (previously the International Accounting Standards or IAS);

International Financial Reporting Standards means International Financial Reporting Standards as adopted by the European Union from time to time pursuant to Regulation 1606/2002/EC;

International Financial Reporting Standards means the most recent International Financial Reporting Standards issued by the International Accounting Standards Board or any successor entity taking over the role of issuing International Financial Reporting Standards;

International Financial Reporting Standards means the set of accounting standards developed by the International Accounting Standards Board (the “IASB”) for the preparation of public company financial statements;

International Financial Reporting Standards means the accounting standards as reflected in the most recent international accounting standards issued by the International Accounting Standards Board;

International Financial Reporting Standards means the standards issued, from time to time, by the International Accounting Standards Board;

International Financial Reporting Standards means the international accounting standards set by the International Accounting Standards Board;