This article may contain excessive or inappropriate references to self-published sources. (March 2020) |
The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation.
The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC).[1] It is responsible for developing International Financial Reporting Standards (IFRS) and for promoting their use and application.