International Financial Reporting Standards (IFRS) Explained Clearly

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  • čas přidán 29. 06. 2024
  • Watch this video for a clear explanation of the International Financial Reporting Standards (IFRS) and its importance in financial reporting and global economy.
    📊 Why Watch This Video?
    Whether you're an investor, student, business professional, or just someone curious about IFRS, this video is the perfect start for you to build a solid understanding of IFRS (International Financial Reporting Standards) and its impact on the global economy.
    For history of IFRS, watch this video: • IFRS History: The Past...
    Timestamps:
    00:00 Intro
    00:54 International Financial Reporting Standards Explained
    4:44 International Accounting Standards Board Explained
    7:24 List of all active IAS and IFRS Standards
    7:40 IAS vs IFRS which one is more authoritative?
    8:04 The global reach of IFRS
    8:35 IFRS explained from big picture perspective
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Komentáře • 5

  • @az6934
    @az6934 Před dnem +1

    Enjoyed every second of it!
    Beautiful!!! presentation as well.

    • @YamaBakhtani
      @YamaBakhtani  Před dnem +1

      Really appreciate your comment! I'm glad you found the presentation helpful.

    • @az6934
      @az6934 Před dnem +1

      @@YamaBakhtani
      My pleasure I appreciate you, of course, I had one other question sir, by studying ACCA will I be knowing IFRS in full or still I had to take another course for IFRS?

    • @YamaBakhtani
      @YamaBakhtani  Před dnem

      @@az6934 Thank you for your kind words! 😀By studying ACCA, you will definitely gain a solid understanding of IFRS. The ACCA syllabus includes extensive coverage of IFRS, especially in papers like Financial Reporting (FR) and Strategic Business Reporting (SBR). These subjects will provide you with a thorough grounding in IFRS. However, if you want to specialize further or get more practical insights, you might consider taking additional courses focused specifically on IFRS. Feel free to ask any more questions you might have!

    • @az6934
      @az6934 Před 7 hodinami +1

      @@YamaBakhtani
      Outstanding!!! Correct, I got my response.
      Thank you so much! once again.