IFRS-International Financial Reporting Standard   The finance and accounting profession is emerging as a fast-growing profession. While,  General Accepted Accounting Principles (GAAP)  are becoming less prevalent and  IFRSs  are gaining momentum worldwide. These standards have  The worldwide acceptance of these international standards has created a potential demand for the IFRS professionals. The companies prefer to recruit those candidates who are having an expertise in these international standards apart from their normal specialization in finance and accounting. Thus, creating a huge demand for IFRS professionals. The proficiency in these international standards is highly recommended for Chief Accountant, Chief Financial Officer, Finance Managers, Bank Managers, Financial Controllers, Accountants, Financial Analyst, Auditors and Portfolio Managers. Let’s get a detailed knowledge about IFRS basic. IFRS full form International...