# International Financial Reporting Standards

Skill · Finance and Accounting

Canonical page: https://career.thegoodapps.co/skills/international-financial-reporting-standards

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that govern how companies prepare and present their financial statements. They are used in over 140 countries to promote consistency and comparability of financial reporting across borders, contrasting with U.S. GAAP used domestically in the United States. Accountants and auditors at multinational companies must understand IFRS to prepare compliant financial reports for international stakeholders.

Related skills: [Financial Reporting](https://career.thegoodapps.co/skills/financial-reporting), [Auditing](https://career.thegoodapps.co/skills/auditing), [Financial Statement Analysis](https://career.thegoodapps.co/skills/financial-statement-analysis)

## Open roles requiring International Financial Reporting Standards (0)

None of the roles we have read name this skill yet. A large share of the visible corpus has not been parsed for skills, so this is at least as likely to be our backlog as the market's verdict.