Examlex
Identify the terms of the expression.
IFRS
Stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide companies in preparing financial statements on a global basis.
U.S.GAAP
United States Generally Accepted Accounting Principles, which are accounting standards used in the U.S. to prepare, present, and report financial statements.
Profitability
A rephrasing of profitability analysis, it refers to a company's ability to generate profit from its operations relative to its costs.
Productivity
A measure of efficiency that shows the amount of output produced per unit of input.
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