Which of the following was created to develop and approve a set of common International Financial Reporting Standards (IFRS)?
A) International Accounting Standards Board (IASB)
B) Securities and Exchange Commission (SEC)
C) Generally Accepted Accounting Principles (GAAP)
D) International Federation of Accountants
E) International Accounting Standards Committee

Question

Quizplus · Accepted Answer

The International Accounting Standards Board (IASB) was created to develop and approve a set of common International Financial Reporting Standards (IFRS).

Which of the Following Was Created to Develop and Approve