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International Accounting Standards

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International Accounting Standards
A former system for standardizing accounting practices across the world. International Accounting Standards were issued by the International Accounting Standards Committee. Though it had no authority to enforce its rulings, a number of countries followed its guidelines anyway. In 2001, the IAS were replaced by the International Financial Reporting Standards.


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Financial Accounting Standards Board [FASB] has been working with London's International Accounting Standards Board [IASB] since 2002 toward what accounting professionals call convergence.
IFRS are issued by the International Accounting Standards Board, which is based in London.
In April 200l, the International Accounting Standards Board (IASB), an independent accounting standard-setter based in London, assumed accounting standard-setting responsibilities from its predecessor body, the International Accounting Standards Committee.
 
International Accounting Standards
 
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International Academy of Television Arts & Sciences
International Academy of the Environment
International Academy of the Visual Arts
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International Accounting Network
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International Accounting Standards Committee Foundation
International Accounting Standards Working Group
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