Examlex
The _____ organizes all the arguments for an action in a rectangle with a gray background.
Legal System
The comprehensive system of rules and principles, typically enforced through a set of institutions, governing a society and controlling its activities.
IFRS
International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.
IASB
The International Accounting Standards Board, an independent group responsible for setting and enforcing global accounting standards known as International Financial Reporting Standards (IFRS).
Accepted Accounting Principles
Standards and conventions in accounting that provide guidelines for financial reporting, often referred to as Generally Accepted Accounting Principles (GAAP).
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