Benefits of global standards for IFRS exam

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 chetan asked over 1 year ago

What is Benefits of global standards for IFRS exam ?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 nayana madwani answered over 1 year ago

  • Efficient allocation of capital globally – attracting investment through transparency – reducing the cost of capital – increasing world-wide investment
  • Reducing costs and increased efficiency – facilitates standardising information systems – eliminates wasteful reconciliations – audit efficiency – education and training

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