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GAAP.RUNewsTrustees announce further governance enhancements

Trustees announce further governance enhancements

Publication date: 16 February 2010

The Trustees of the International Accounting Standards Committee (IASC) Foundation, the oversight body of the International Accounting Standards Board (IASB), today announced enhancements to their governance arrangements. These changes, which are aimed at enhancing public accountability, stakeholder engagement and operational effectiveness, complete the second part of the IASC Foundation’s five-yearly Constitution Review.

The Trustees of the International Accounting Standards Committee (IASC) Foundation, the oversight body of the International Accounting Standards Board (IASB, which, in its turn, is responsible for development of International Financial Reporting Standards - IFRSs), today announced enhancements to their governance arrangements, which complete second part of the IASC Foundation’s five-yearly Constitution Review.