IASB plans to create network for standard-setters to influence IFRS:

04/29/2012 | Star Publications (Malaysia)

The International Accounting Standards Board plans to establish a formal network to give standard-setting bodies a voice when their countries switch to International Financial Reporting Standards. There is conflict, however, over how the network will operate and whether it would dilute IFRS as a single set of reporting standards. Advocates of such a network say the U.S. will not commit to IFRS without it.

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Star Publications (Malaysia)