IFRS definition

IFRS means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to the relevant financial statements delivered under or referred to herein.

Examples of IFRS in a sentence

  • All Pension Plan Unfunded Liabilities have been properly accrued in accordance with IFRS and are fully and accurately disclosed in the Parent’s consolidated financial statements delivered under Section 6.01 in accordance with IFRS.

  • Upon the adoption of IFRS by any Borrower, all references to GAAP herein shall be deemed references to IFRS.


More Definitions of IFRS

IFRS means international financial reporting standards as adopted by the International Accounting Standards Board.
IFRS shall have the meaning ascribed to such term in Section 3.1(h).