International Accounting Standards Board

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The International Accounting Standards Board (IASB) founded on April 1, 2001 is the successor of the International Accounting Standards Committee (IASC) founded in June 1973 in London. It is responsible for developing the International Financial Reporting Standards (new name for the International Accounting Standards issued after 2001), and promoting the use and application of these standards.

The International Accounting Standards Board is an independent, privately-funded accounting standard-setter based in London, UK.

Foundation of the IASB (Source: www.iasb.org, 6 Febr 2007)In March 2001, the International Accounting Standards Committee Foundation (IASCF) was formed as a not-for-profit corporation incorporated in the State of Delaware, US. The IASC Foundation is the parent entity of the International Accounting Standards Board, an independent accounting standard-setter based in London, UK.

On 1 April 2001, the International Accounting Standards Board (IASB) assumed accounting standard-setting responsibilities from its predecessor body, the International Accounting Standards Committee. This was the culmination of a restructuring based on the recommendations of the report Recommendations on Shaping IASC for the Future.

The IASB structure has the following main features: the IASC Foundation is an independent organisation having two main bodies, the Trustees and the IASB, as well as a Standards Advisory Council and the International Financial Reporting Interpretations Committee. The IASC Foundation Trustees appoint the IASB members, exercise oversight and raise the funds needed, but the IASB has sole responsibility for setting International Financial Reporting Standards (international accounting standards).

See also

Bank regulation

External links

Website
Accounting Standards Board of Japan
Australian Accounting Standards Board
Accounting Standards Board - ZA
Accounting Standards Review Board - NZ
Federal Accounting Standards Advisory Board - US
Financial Accounting Standards Board - US
Malaysian Accounting Standards Board
The Accounting Standards Board Limited - UK
International Public Sector Accounting Standards Board - US
IFRS List - The online community about IFRS/IAS and Auditing

Bank regulation

External links

Website
Accounting Standards Board of Japan
Australian Accounting Standards Board
Accounting Standards Board - ZA
Accounting Standards Review Board - NZ
Federal Accounting Standards Advisory Board - US
Financial Accounting Standards Board - US
Malaysian Accounting Standards Board
The Accounting Standards Board Limited - UK
International Public Sector Accounting Standards Board - US
IFRS List - The online community about IFRS/IAS and Auditing

Welcome to the International Accounting Standards Board (IASB)
Sets accounting principles for business financial statements. Based in London. Sponsored by accounting organisations in nearly 100 countries.

IASB
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International Accounting Standards Board - Wikipedia, the free ...
The International Accounting Standards Board (IASB) founded on April 1, 2001 is the successor of the International Accounting Standards Committee (IASC) founded in June 1973 in ...

HM Revenue & Customs: International Accounting Standards - the UK tax ...
... to those standards and related interpretations, future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB ...

International Public Sector Accounting Standards Board
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International Accounting Education Standards Board
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Accounting Standards Board - About the ASB
The ASB also collaborates with accounting standard-setters from other countries and the International Accounting Standards Board (IASB) both in order to influence the development ...

Accounting Standards Board - About the ASB - Aims & Objectives
... new economic developments and deficiencies being identified in current practice. Addressing urgent issues promptly. Working with the International Accounting Standards Board ...

Malaysian Accounting Standards Board
Malaysian Accounting Standards Board ... The International Accounting Standards Board (IASB) and US Financial Accounting Standards Board (FASB) published consultative documents

FASB: Financial Accounting Standards Board
International: Wash. DC Activities: FASB Report Articles: Reports & Presentations ... Financial Accounting Standards Board Meets with Accounting Standards Board of Japan to Discuss ...