IFRS vs IAS: Exploring the Difference

In this video, we explore the key differences between IFRS and IAS. If you're looking to understand the distinctions between these two accounting standards, this video is for you!

For a solid understanding of what IFRS really is and how it affects the global economy, watch this video:    • International Financial Reporting Sta...  

For reasons why IFRS matters, watch this video:    • Top 6 Reasons Why IFRS Matters!  

For a 50 years history of IFRS since its establishment in 1973 until 2023 and beyond, watch this video:    • IFRS History: The Past, Present, and ...  

For the complete list of IFRS & IAS standards as of 2024, watch this video:    • The Complete List of IFRS and IAS Sta...  

Timestamps:

00:00 The difference between IFRS and IAS Standards
01:00 IASB replaced IASC
02:20 List of current IFRS and IAS standards
02:36 Conclusion

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📌 Disclaimer: This video provides a general overview and does not constitute financial advice. Always consult with professionals for specific inquiries.

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