ACCA F3 Regulatory Framework

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1. taramott says

   March 28, 2018 at 9:25 pm

   what is the difference between IFRS and IAS?

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   • taramott says

     March 28, 2018 at 9:32 pm

     as in, why do we still refer to the rules as IAS (especially in your free lecture notes) instead of using the new IFRS?

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     • John Moffat says

       March 29, 2018 at 6:51 am

       They all used to be called IAS’s. They changed to calling new ones IFRS’s, but the old ones that still remain are still called IAS’s. It is only newer ones that are now called IFRS’s.