Global Accounting Standards--From Vision to Reality

Pacter, Paul
January 2014
CPA Journal;Jan2014, Vol. 84 Issue 1, p6
Academic Journal
The article discusses the implementation of global standards for audited and financial statements by the International Accounting Standards Board (IASB) under the jurisdiction of the International Financial Reporting Standards (IFRS) Foundation. Topics covered include the creation of the International Accounting Standards Committee (IASC) prior to its successor IASB, objectives of the IFRS adoption and implications of the IFRS requirements to the jurisdictions.


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