The International Accounting Standards Board (IASB) today published a Statement of Best Practice: Working Relationships between the IASB and other Accounting Standard-Setters. The Statement identifies a range of activities that the IASB and regional and national accounting standard-setters believe they should undertake in the interests of facilitating the adoption of or convergence with International Financial Reporting Standards (IFRSs) issued by the IASB.
The activities identified include:
See full Press Release.
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