Accounting · Accounting Standards
Which body is responsible for the development and publication of International Financial Reporting Standards (IFRS)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1ICAEW (Institute of Chartered Accountants in England and Wales)
- 2FRC (Financial Reporting Council)
- 3IASB (International Accounting Standards Board)✓
- 4IFAC (International Federation of Accountants)
Correct answer
IASB (International Accounting Standards Board)
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