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 International Accounting Standards - IAS International Financial Reporting ... Accountant International Study Group ... Financial Accounting Standards Board ... American National Standards ... Last Fiscal Year - LFY Annual Budget Consignment Surplus Operating Income International Federation Of Accountants - IFAC Definition of 'International Federation Of Accountants - IFAC' The worldwide organization for the accountancy profession. The International Federation of Accountants (IFAC) strives to serve the public interest by establishing and promoting adherence to international standards, facilitating cooperation with member bodies, and serving as a spokesperson for the international profession on relevant public policy issues. Investopedia explains 'International Federation Of Accountants - IFAC' IFAC's boards set international standards in a number of areas including auditing, quality control, education, public sector accounting and ethics for professional accountants. While IFAC was founded on October 7, 1977, in Munich, its hea dquarters have been located in New York City since its inceptions. Related Definitions  Articles Of Interes t  What is the d ifference be tween IAS an d GAAP? International Reporting Standards Gain Global Recognition Comparing financial numbers from corporations in different countries is possible with the adoption of IFRS.  Accounting Basics : Financial R eporting What is accounting? Learn the basics of this essential way of recording and summarizing financial information. CFA Level 1 - Why Do Shenanigans Exist? Red Flags...  Analyze Cash Flow The E asy Way Find out how to analyze the way a company spends its money to determine whether there will be any money left for investors. Digging Into Book Value This calculation will serve up your portion of the shareholder pie. Using Enterprise Value To Compare Companies Learn how enterprise value can help investors compare companies with different capital structures.  Analyzing Opera ting Margins Find out how to put this important component of equity analysis to work for you. The Importance Of Other Comprehensive Income Understanding and analyzing OCI greatly improves financial analysis, especially for financial companies. Impairment Charges: The Good, The Bad And The Ugly Impairment charge is a term for writing off worthless goodwill, but you need to know what its potential impact is on EPS. Try Our Stock Simulator! Test your trading skills! International Federation Of Accountants (IFAC) Definition | Investopedia http://www. investopedia.com/terms/i/international-federation-of-accou... 1 of 1 12/30/2012 3:13 AM

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International Accounting Standards - IAS International Financial Reporting ...

Accountant International Study Group ... Financial Accounting Standards Board ...

American National Standards ... Last Fiscal Year - LFY

Annual Budget Consignment

Surplus Operating Income

International Federation Of Accountants - IFAC

Definition of 'International Federation Of Accountants - IFAC'The worldwide organization for the accountancy profession. The International Federation of Accountants

(IFAC) strives to serve the public interest by establishing and promoting adherence to international

standards, facilitating cooperation with member bodies, and serving as a spokesperson for the international

profession on relevant public policy issues.

Investopedia explains 'International Federation Of Accountants - IFAC'IFAC's boards set international standards in a number of areas including auditing, quality control,

education, public sector accounting and ethics for professional accountants.

While IFAC was founded on October 7, 1977, in Munich, its headquarters have been located in New York

City since its inceptions.

Related Definitions

 Articles Of Interest

 What is the difference between IAS and GAAP?

International Reporting Standards Gain Global Recognition

Comparing financial numbers from corporations in different countries is possible with the adoption of IFRS.

 Accounting Basics: Financial Reporting

What is accounting? Learn the basics of this essential way of recording and summarizing financial information.

CFA Level 1 - Why Do Shenanigans Exist?

Red Flags...

 Analyze Cash Flow The Easy Way 

Find out how to analyze the way a company spends its money to determine whether there will be any money left for investors.

Digging Into Book Value

This calculation will serve up your portion of the shareholder pie.

Using Enterprise Value To Compare Companies

Learn how enterprise value can help investors compare companies with different capital structures.

 Analyzing Operating Margins

Find out how to put this important component of equity analysis to work for you.

The Importance Of Other Comprehensive Income

Understanding and analyzing OCI greatly improves financial analysis, especially for financial companies.

Impairment Charges: The Good, The Bad And The Ugly 

Impairment charge is a term for writing off worthless goodwill, but you need to know what its potential impact is on EPS.

Try Our Stock Simulator!Test your trading skills!

rnational Federation Of Accountants (IFAC) Definition | Investopedia http://www.investopedia.com/terms/i/international-federation-of-accou...

1 12/30/2012 3:13 AM