When Was Accounting Standards Board Constituted?
International Accounting Standards Board (IASB) The International Accounting Standards Board (IASB) is the independent accounting standard-setting body. It develops International Financial Reporting Standards (IFRS) to ensure consistent and understandable financial statements. The IASB aims to develop high-quality, globally accepted accounting standards to promote consistency and comparability in financial reporting worldwide. This enables stakeholders to make … Read more