This paper delves into the impact of the International Financial Reporting Standards (IFRS) on global corporate accounting practices. By analyzing the implementation of IFRS, we examine its standardization in corporate financial reporting and its impact on international comparisons. The study finds that the adoption of IFRS promotes transparency in financial information among enterprises, providing a more consistent information basis for global investors.

Muyang Cheng. The Impact of International Financial Reporting Standards (IFRS) on Global Corporate Accounting Practices. Academic Journal of Business & Management (2024) Vol. 6, Issue 5: 274-280. https://doi.org/10.25236/AJBM.2024.060537.

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