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Financial reporting standards international (abbreviated name as IFRS) are accounting standards Board (IASB), International Editor and issued to guide the preparation and presentation of the accounting statements have high integrity and are widely used throughout the world. The purpose of this standard is to help create the suitable for the preparation of financial reporting in a global environment. Financial reporting standards (IFRS) International today are a lot of countries all over the world apply, as of the end of 2008 (27/8/2008) there have been more than 100 countries including Australia, Singapore, Turkey, ... and all the countries in the European Union.
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