The International Federation of Accountants (IFAC) research report,Rebuilding Public Confidence in Financial Reporting: An International Perspective,has as its goal which of the following?
A)Creating an international CPA certificate.
B)Examine ways of restoring the credibility of financial reporting and corporate disclosure from an international.perspective.
C)Establishing a global code of conduct corporate disclosure from an international perspective.
D)Develop guidelines for auditors to express professional judgment.

Question

Quizplus · Accepted Answer

The goal of the IFAC research report is to examine ways of restoring the credibility of financial reporting and corporate disclosure from an international perspective. The report does not aim to create an international CPA certificate, establish a global code of conduct, or develop guidelines for auditors to express professional judgment.

The International Federation of Accountants (IFAC) Research Report,Rebuilding Public Confidence