What are the different financial reporting standards and frameworks?

Powered by AI and the LinkedIn community

Financial reporting standards and frameworks are the rules and principles that guide how businesses prepare and present their financial statements. They are essential for ensuring the quality, reliability, and comparability of financial information across different industries, markets, and countries. In this article, you will learn about the different types of financial reporting standards and frameworks, their benefits and challenges, and how they affect business reporting.

  翻译: