Accounts nd finance.

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Querist : Anonymous (Querist)
07 February 2012 what is ifrs?why it has come?
what is xbrl?to whom it is applicable?what is the advantage?

07 February 2012 IFRS is International Financial reporting standards. It comes to integrate the accounting norm all over the word.


XBRL is a reporting language used by MCA for for getting the annual reports from company. It is applicable to company registered in india.



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