International Accounting Standards Board

The International Accounting Standards Board (IASB) is the organization that develops International Financial Reporting Standards (IFRS). IFRS is the accounting framework used in most countries around the world. The IASB works with the Financial Accounting Standards Board in the United States to closely align IFRS with Generally Accepted Accounting Principles.

The predecessor organization to the IASB was the International Accounting Standards Committee.

Related Courses

GAAP Guidebook 
IFRS Guidebook