International Accounting Standards Committee

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Definitions

International Accounting Standards Committee (IASC)

International Accounting Standards Committee IASC IFRS Foundation Accounting Standards International Accounting IASB

The International Accounting Standards Committee (IASC) was an independent private-sector body that created and issued international accounting standards. Its purpose was to develop and promote international accounting standards through consensus-building. The IASC has since been replaced by the International Accounting Standards Board (IASB), under the International Financial Reporting Standards (IFRS) Foundation.

Definitions

International Accounting Standards Committee (IASC)

International Accounting Standards Committee IASC Global Accounting Standards Financial Statements International Accounting Standards IASB

The International Accounting Standards Committee (IASC) was established in 1973 to set global accounting standards and was later superseded by the International Accounting Standards Board (IASB) in 2001.