Examlex
MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Contains both relative and absolute references.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.
Accounting Standards
Rules and guidelines set by regulatory bodies that determine the framework for financial reporting and accounting practices.
Private Companies
Companies owned by individuals or groups that are not traded publicly and whose shares are not available on the stock market.
Public Companies
Companies whose shares are traded freely on a stock exchange, subject to regulatory reporting requirements and disclosure to the public.
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