Corporate Strategy and Valuation
IFRS, or International Financial Reporting Standards, is a set of accounting standards developed to create a common financial reporting language that enhances transparency and comparability of financial statements across international borders. These standards are designed to improve the consistency and reliability of financial information, helping investors and stakeholders make informed decisions. By providing a framework for preparing financial statements, IFRS plays a vital role in the interpretation and analysis of financial performance, identification of intangible assets, and the valuation process.
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