Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 1 - IFRS Insights - IFRS Concepts and Application - Instructions - Page 39: IFRS1-3

Answer

An exclusive collection of agreeable and congruous accounting standards makes preparing fair, globally-approved, recognized financial statements possible. Besides, complying with harmonized accounting standards results in the preparation of unambiguous, proper and easy-to-compare financial statements.

Work Step by Step

An exclusive collection of agreeable and congruous accounting standards makes preparing fair, globally-approved, recognized financial statements possible. Besides, complying with harmonized accounting standards results in the preparation of unambiguous, proper and easy-to-compare financial statements.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.