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List and discuss the characteristics of the International Accounting Standards Board (IASB) that reinforced the importance of...

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Accounting

List and discuss the characteristics of theInternational Accounting Standards Board (IASB) that reinforced theimportance of an open, transparent and independentprocess?

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IASB was founded on February 6 2001 as an independent accounting standard setter it is a Londonbased organization which seeks out to set and enforce standards for accounting procedures At present more than 100 countries require or permit companies to comply with IASB standards Moreover IASB is also responsible for maintaining the IFRS    See Answer
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List and discuss the characteristics of theInternational Accounting Standards Board (IASB) that reinforced theimportance of an open, transparent and independentprocess?

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