Organizations important to accounting are listed. Select the organization that most closely achieves the role described. (Choices may be used more than once.)
-works to reduce differences in accounting standards throughout the world

Question

Quizplus · Accepted Answer

The International Accounting Standards Board (IASB) is primarily focused on developing and promoting the use of International Financial Reporting Standards (IFRS), which aims to harmonize accounting standards across the globe, thereby reducing differences in accounting practices internationally.

Organizations Important to Accounting Are Listed