Exposure Draft: Accounting Standard-setting in a Changing Environment: The Role of the Accounting Standards Board

The Board has recently published an Exposure Draft which presents and seeks views on the ASB’s role.

The draft Policy Statement argues that the most significant future role of the ASB will be in contributing to the development, with IASB and others, of a set of high quality global accounting standards. The ASB has the capacity as an established national standard-setter to be a valuable source of accounting thought and insight for the IASB and an influential voice in debates on new accounting standards.

See full Press Release, the Invitation Document and the Policy Statement, the latter in pdf format.