Respuesta :

IFRS brings transparency, accountability and efficiency to finanacial market across the globe.

Explanation:

IFRS - International Financial Reporting Standards

Transparency:

  • Done by enhancing the

            a) international comparability

             b) quality of financial information,

  • enabling investors to make "economic decisions"

Accountability:

  • It strengthens this aspect by reducing the information gaps

Efficiency:

  • Helps investors to identify market opportunities
  • Alert about the risks across the world
  • lowers the Capital cost

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