Which international organization began the movement toward international accounting standards?
A)International Accounting Standard Committee IASC)
B)International Federation of Accountants IFAC)
C)International Financial Reporting Interpretation Committee IFRIC)
D)Standards Advisory Council SAC)

Question

Quizplus · Accepted Answer

The International Accounting Standard Committee (IASC) began the movement toward international accounting standards. It was established in 1973 and was replaced by the International Accounting Standards Board (IASB) in 2001.

Which International Organization Began the Movement Toward International Accounting Standards