International Accounting Standards Board: Difference between revisions
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imported>Doug Williamson m (Replaced Accounting Standards Board with Accounting Council in see also - 22/4/14) |
imported>Doug Williamson m (Added publishing to entry as this is given prominence in the description on IFRS website http://www.ifrs.org/The-organisation/Pages/IFRS-Foundation-and-the-IASB.aspx) |
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An independent, privately-funded accounting standard-setter based in the UK. | 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. | It is committed to 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 achieve convergence in accounting standards around the world. | In addition, it co-operates with national accounting standard-setters to achieve convergence in accounting standards around the world. |
Revision as of 14:28, 9 April 2014
(IASB).
An independent, privately-funded accounting standard-setter based in the UK.
It is committed to 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 achieve convergence in accounting standards around the world.
It works within the IFRS Foundation.