The predecessor to the International Accounting Standards Board (IASB) was:
A) the Federal Accounting Standards Board (FASB).
B) the Canadian Institute of Chartered Accountants (CICA).
C) the European Economic Community (EEC).
D) the International Accounting Standards Committee (IASC).

Question

Quizplus · Accepted Answer

The International Accounting Standards Committee (IASC) was the predecessor to the International Accounting Standards Board (IASB). The IASC was established in 1973 and was replaced by the IASB in 2001.

The Predecessor to the International Accounting Standards Board (IASB) Was