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Which organization established in 1973 plays a key role in setting international accounting standards?
  • a)
    International Federation of Accountants (IFAC)
  • b)
    International Accounting Standards Board (IASB)
  • c)
    International Accounting Standards Committee (IASC)
  • d)
    Financial Accounting Standards Board (FASB)
Correct answer is option 'C'. Can you explain this answer?
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Which organization established in 1973 plays a key role in setting int...
The International Accounting Standards Committee (IASC) was established in 1973 to develop and promote international accounting standards. It was later succeeded by the International Accounting Standards Board (IASB).
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Which organization established in 1973 plays a key role in setting international accounting standards?a)International Federation of Accountants (IFAC)b)International Accounting Standards Board (IASB)c)International Accounting Standards Committee (IASC)d)Financial Accounting Standards Board (FASB)Correct answer is option 'C'. Can you explain this answer?
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Which organization established in 1973 plays a key role in setting international accounting standards?a)International Federation of Accountants (IFAC)b)International Accounting Standards Board (IASB)c)International Accounting Standards Committee (IASC)d)Financial Accounting Standards Board (FASB)Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which organization established in 1973 plays a key role in setting international accounting standards?a)International Federation of Accountants (IFAC)b)International Accounting Standards Board (IASB)c)International Accounting Standards Committee (IASC)d)Financial Accounting Standards Board (FASB)Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which organization established in 1973 plays a key role in setting international accounting standards?a)International Federation of Accountants (IFAC)b)International Accounting Standards Board (IASB)c)International Accounting Standards Committee (IASC)d)Financial Accounting Standards Board (FASB)Correct answer is option 'C'. Can you explain this answer?.
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