What is the difference between IAS and IFRS?

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Let’s start with some basic questions 💡💡 💡
What’s the difference between IFRS and IAS?
I get this question quite often, so here’s what I have to say about it. 💡💡💡.
#IFRS #IAS #IFRSaccounting #shorts
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Whenever we say IFRS that includes IAS too. Just the name is different otherwise both deal with accounting matters.

rishabhjain
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preparing Financial reports based on international financial report standard for small and medium enterprise (IFRS-SME

habteunederthesky