Thank you for the opportunity to help you with your question!
International Financial Reporting Standards (IFRS)are the set guidelines of international accounting standard, they are designed by the International Accounting Standard Board. The main aim of IFRS is to sustain transparency and stability in finance globally. This, as a result, will offer individual investors and businesses an opportunity to make informed financial decisions since they will be in a better position to see what happening in the company they plan to invest in.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 6th, 2015
Please let me know if you have an accounting paper that you need help in that is related to IFRS. Looking forward to working with you.