What is the International Accounting Standards Board (IASB)? | Accounting How To
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What is the International Accounting Standards Board (IASB)? | Accounting How To
In the United States our financial accounting standards are issued by the Financial Accounting Standards Board (FASB). The international business community has its own version…
Apr 8, 2022
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SOLVED: What is the goal of FASB and IASB in the creation of the conceptual framework?To develop standards that are internally consistent.To develop standards that lead to financial reporting that provides clearconsistent information to capital providers.To develop standards that are internationally converged.All of these choices are correct.
SOLVED: What is the goal of FASB and IASB in the creation of the conceptual framework?To develop standards that are internally consistent.To develop standards that lead to financial reporting that provides clearconsistent information to capital providers.To develop standards that are internationally converged.All of these choices are correct.
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