International Accounting Standards Board

(IASB).

An independent, privately-funded accounting standard-setter based in the UK.

Its purposes include developing and publishing a single set of high quality, understandable and enforceable global accounting standards.

In addition, it co-operates with national accounting standard-setters to encourage convergence in accounting standards around the world.

The IASB works within the IFRS Foundation.

See also

• Generally accepted accounting principles
• IFRS Foundation
• IFRS Interpretations Committee
• International Auditing and Assurance Standards Board
• International Financial Reporting Standards