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 ifrs auditing standards


The move to IFRS and XBRL
IFRS is an accounting standard dealing with global financial reporting. XBRL is an electronic language describing financial data according to global standards

ifrs auditing standards  allows several years of IFRS documents to be merged to create year-over-year financial statements. KPMG and other auditing firms state that audits based on standardizing on IFRS (using XBRL) will be done more quickly and at less cost. Why XML as a basis for XBRL? From a computer system, a program that reads or writes XML would be able to read and write XBRL. XML, with its single syntax, can support multiple alphabets and their character sets, along with the compulsory unicode transformation format 8-bit

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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