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International Accounting Standards Board

International Accounting Standards Board
Dawn Becker
University of Phoenix- ACC440
Mike Raponi
September 5, 2005

International Accounting Standards Board
History
"The International Accounting Standards Board (IASB) was preceded by the Board of the International Accounting Standards Committee (IASC), which operated from 1973 until 2001." http://www.lasb.org/about/history.asp . The International Accounting Standards Board (IASB) was founded on April 1, 2001. Its role is to encourage companies nationwide, that are doing business with the United States, to adopt a set of financial statements that are reliable, accurate and compatible with the rest of the world.

Introduction
We live in a rapidly changing and expanding market. World markets have become closely entwined. Foreigners have an interest in American food, music, television, just as Americans have a desire to drive and purchase foreign cars, clothing and other items. As the world economy continues to......


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Approximate Word Count: 623
Approximate Pages: 3 (250 words per double-spaced page)

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