IFRS
IFRS
IFRS
University of Dhaka
Prepared to
Prepared By
Roki Hassan
ID No: BE-030-001
Batch- 10th
Section: A
IFRS mostly known as International Financial Reporting Standard is a universal body intend to set
up the institutionalization and harmonization of bookkeeping report everywhere. International
Accounting Standards Board set up in April 2001, London, England as the descendant to the
International Accounting Standards Committee (IASC). It is generally the distinguishable
obligation and responsibility of the IASB for creating and actualizing International Financial
Reporting Standards (was known as the IAS) by its part nations around the globe. The adjustment
procedure began in Bangladesh in 1999 and detail will be talked about in the letter part.