Presto-eCom-Systems-accounting

International Accounting Standards

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International Financial Reporting Standards (IFRS) - Adapting to a common global language for business reporting has become a challenge throughout many countries. International investors have struggled with the differences in financial reporting when conducting business in multiple countries. Large companies have made great progress, mid-size and small companies are now aware of the importance of establishing comparable, understandable, reliable and relevant reports that support the needs of internal and or external parties. Hence, as we deploy systems that facilitate cross border trade we endeavor to comply with these norms that  apply to accounting books, nomenclature and composition.