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Essay

Role and evolution of IASB

Essay specific features

 

Issue:

Business

 

Written by:

Jeremy M

 

Date added:

November 13, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 683

 

Was viewed:

10318 times

 

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Essay content:

These countries constituted the Board of IASC at that time. The international professional activities of the accountancy bodies were organized under the International Federation of Accountants (IFAC) in 1977. In 1981, IASC and IFAC agreed that IASC would have full and complete autonomy in setting international accounting standards and in publishing discussion documents on international accounting issues...
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At the same time, all members of IFAC became members of IASC. This membership link was discontinued in May 2000 when IASC's Constitution was changed as part of the reorganization of IASC. The main objective of the IASC was the development of International Accounting Standards, in an effort to reduce the differences in accounting practices across countries...
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General issues of this essay:
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