ACC440_COOKE_WEEK2 - A manager you work for is making a...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
A manager you work for is making a business trip to London. The manager has several meetings at the company’s operating units in London. In addition, the manager is considering a visit to the International Accounting Standards Board (IASB) office in London. The manager has asked you to perform some research on the IASB so that he will have some background information for his visit. The International Accounting Standards Committee Foundation (IASC) is a foundation found in the 1970’s. The committees’ objective is to develop a single set of high quality, understandable enforceable and globally accepted financial reporting standards based upon clearly articulated accounting principles (ISAB.org, 2010). This objective is accomplished in five different ways: (ISAB.org, 2010). An independent standard-setting board, overseen by a geographically and professionally diverse body of trustees, publicly accountable to the Monitoring Board of public capital market authorities Supported by an external standards advisory council (SAC) and an interpretations
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/22/2010 for the course ACC ACC448 taught by Professor Dell during the Spring '10 term at University of Phoenix.

Page1 / 5

ACC440_COOKE_WEEK2 - A manager you work for is making a...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online