The group with primary responsibility for development of a single set of accounting standards around the world is the
A)FASB.
B)SEC.
C)IFRS.
D)IASB.

Question

Quizplus · Accepted Answer

The International Accounting Standards Board (IASB) is the organization primarily responsible for the development of a single set of high-quality, understandable, enforceable, and globally accepted International Financial Reporting Standards (IFRS).

The Group with Primary Responsibility for Development of a Single