IASB agrees Charter “The IASB and other accounting standard-setters – Working together to develop and maintain global financial reporting standards”

The IASB published an updated Charter establishing key principles of co-operation between the IASB and national standard-setters and other accounting standard-setting bodies, represented by the International Forum of Accounting Standard Setters (IFASS).

The principles established by the Charter are designed to enhance the efficiency and effectiveness of international accounting standard-setting.