Each of the following is a standard or interpretation issued by the International Accounting Standards Board, except:
A) International Financial Reporting Standards (IFRS)
B) International Accounting Standards (IAS);
C) Accounting Standards Updates (ASU)
D) IFRIC Interpretations
E) SIC Interpretations

Question

Quizplus · Accepted Answer

Accounting Standards Updates (ASU) are issued by the Financial Accounting Standards Board (FASB), which is the accounting standard-setter for the United States, not by the International Accounting Standards Board (IASB).

Each of the Following Is a Standard or Interpretation Issued