Achievements of International Accounting Standards Board (IASB)

In this article we will discuss about the achievements of International Accounting Standards Board (IASB). The IASB started its activities in 2001 and immediately took a number of projects left in the pipeline from its predecessor. To promote convergence of accounting standards worldwide, the International Accounting Standards Board (IASB) is committed to developing, in the public interest, a single set [...]