International Accounting Standards Board: Difference between revisions
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In addition, it co-operates with national accounting standard-setters to encourage convergence in accounting standards around the world. | 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. | The IASB works within the IFRS Foundation. |
Revision as of 14:38, 6 November 2016
(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.