@inbook{5d42879ed04a445c9f9c67502aad316f,
title = "International Financial Reporting Standards (IFRS)",
abstract = "Chapter 4 provides an overview of the International Financial Reporting Standards (IFRS) from their establishment to their current global standing and explains the rationale for having these global accounting standards. The chapter then explores some of the challenges in the interpretation and application of IFRS. It concludes with a discussion of the possibilities for future research in relation to how the adopting countries can mitigate the challenges of IFRS.",
keywords = "Application of IFRS, Challenges, Future research, Global accounting standards, International Financial Reporting Standards, Interpretation",
author = "Rajni Mala",
year = "2024",
doi = "10.4337/9781800889712.00011",
language = "English",
isbn = "9781800889705",
series = "Elgar Encyclopedias in Economics and Finance",
publisher = "Edward Elgar Publishing",
pages = "21--26",
editor = "Parmod Chand",
booktitle = "Encyclopedia of international accounting",
address = "United Kingdom",
}