Accounting Regulatory Bodies
-
The Sarbanes-Oxley Act of 2002 | Accounting and Ethics
The Sarbanes-Oxley Act of 2002 The Sarbanes-Oxley Act of 2002 (“SOA”) was a piece of congressional legislation which, among other things, created th
-
The International Accounting Standards Board
Introduction The International Accounting Standards Board (IASB) is an independent, standard-setting organisation of the International Financial Reporting Stand
-
What are the Various Functions of IASB?
Introduction to IASB International Accounting Standard Board (IASB) is an independent, private-sector body (previously known as IASC), based in London. IASB is
-
Cuáles son las funciones de IASB
Funciones de IASB El Consejo de Normas Internacionales de Contabilidad (IASB) es un organismo independiente del sector privado (anteriormente conocido como IASC
-
Volkswagen Scandal – An Accounting Perspective
Every public organisation must be accountable for its operations from a financial, social, and environmental perspective (Crane & Matten 2010). There are ma
-
Characteristics of an Effective Financial Reporting Framework
Any effective financial reporting system needs to be a coherent one. Such frameworks have several characteristics: Transparency A framework should enhance the t
-
What are IFRSs and Their impacts on accounting in Australia?
IFRS are internationally accepted accounting standards that companies around the world need to follow in preparing their accounts. An IFRS account reconciles th
-
The Role and Purpose of International Accounting Standards
International Accounting Standards International Accounting Standards (IAS) refers to a certain level of quality that should be adhered to while drawing financi
-
What are the Various Objectives and Functions of FASB?
The Financial Accounting Standard Board (FASB) was founded in 1973 as an independent, private-sector, not-for-profit organisation. It establishes accounting pri