The IASB framework in a nutshell
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Video Overview
The IASB was formed in April 2001 and took over from the International Accounting Standards Committee (IASC). In July 1989, the IASC produced a Framework for the preparation and presentation of financial statements. This conceptual framework was adopted by the IASB and provides the conceptual framework within which IFRSs are formulated. This tutorial will discuss the IASB framework in a nutshell.
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