compliant with ifrs

USAGE SUMMARY

The phrase "compliant with ifrs" is correct and usable in written English.
It can be used when discussing financial statements or practices that adhere to the International Financial Reporting Standards (IFRS). Example: "The company's financial statements are compliant with IFRS, ensuring transparency and consistency in reporting."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

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Expert writing Tips

Best practice

When stating that a company's financial practices are "compliant with IFRS", ensure that all relevant reporting aligns with the latest standards. Use specific examples to showcase compliance, like mentioning particular accounting treatments that adhere to IFRS guidelines.

Common error

Avoid assuming that superficial adherence to IFRS is enough. Deep understanding and correct application of IFRS principles are crucial, and misinterpretations can lead to non-compliance and incorrect financial reporting.

Linguistic Context

The phrase "compliant with IFRS" functions as an adjective phrase describing something that adheres to the International Financial Reporting Standards. It indicates that a financial statement, process, or system meets the requirements set by IFRS. Ludwig confirms the usability of the phrase.

Expression frequency: Missing

Frequent in

Formal & Business

0%

News & Media

0%

Science

0%

Less common in

Science

0%

News & Media

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "compliant with IFRS" is used to describe adherence to the International Financial Reporting Standards in financial reporting. According to Ludwig, the phrase is correct and usable. While example sentences are missing, the phrase is typically used in formal business contexts to assure stakeholders of regulatory adherence. Alternatives include phrases such as "in accordance with IFRS" or "adhering to IFRS standards". Proper usage involves ensuring all financial practices meet the latest IFRS standards and avoiding superficial interpretations. This ensures accurate and credible financial reporting.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

In accordance with IFRS

This alternative emphasizes adherence to IFRS guidelines.

Adhering to IFRS standards

This emphasizes the act of following IFRS principles.

Following IFRS guidelines

This focuses on the practical application of IFRS.

Meeting IFRS requirements

This highlights the fulfillment of specific IFRS criteria.

Conforming to IFRS

This suggests alignment with IFRS specifications.

Aligned with IFRS

This emphasizes overall consistency with IFRS principles.

Consistent with IFRS

This denotes uniformity and regularity in applying IFRS.

Complying with IFRS regulations

This highlights adherence to IFRS rules and regulations.

In line with IFRS

This indicates that the practice is in harmony with IFRS.

Governed by IFRS

This implies that IFRS principles dictate the financial reporting practices.

FAQs

How to use "compliant with ifrs" in a sentence?

You can use "compliant with IFRS" to describe financial statements or accounting practices that adhere to the International Financial Reporting Standards. For instance, "The company's annual report is "compliant with IFRS", ensuring transparency and international comparability."

What can I say instead of "compliant with ifrs"?

Alternatives to "compliant with IFRS" include phrases like "in accordance with IFRS", "adhering to IFRS standards", or "following IFRS guidelines", depending on the specific context.

Which is correct, "compliant with ifrs" or "compliance to ifrs"?

"Compliant with IFRS" is the correct and more common phrasing. "Compliance to IFRS" is less frequently used. It's better to say the company or report is "compliant with IFRS".

What's the difference between "compliant with ifrs" and "ifrs compliant"?

"Compliant with IFRS" is a phrase used to describe adherence to the standards, while "IFRS compliant" is an adjective describing something that meets those standards. For example, "The accounting system is "IFRS compliant"", or "The system is "compliant with IFRS" regulations".