International Accounting Standards Board
From ACT Wiki
(IASB). An independent, privately-funded accounting standard-setter based in the UK. It is committed to developing a single set of high quality, understandable and enforceable global accounting standards.
In addition, it co-operates with national accounting standard-setters to achieve convergence in accounting standards around the world.
It works within the IFRS Foundation.
See also
- Accounting Standards Board
- Generally accepted accounting principles
- IFRS Interpretations Committee
- International Financial Reporting Standards
