A new structure was finally set up in 2001. The principal body under the new structure is the International Accounting Standards Board (IASB) which has sole responsibility for establishing International Financial Reporting Standards (IFRS).
A new structure was finally set up in 2001. The principal body under the new structureis the International Accounting Standards Board (IASB) which has sole responsibility forestablishing International Financial Reporting Standards (IFRS).