Economics · IFRS Governance Structure
Which independent body is primarily responsible for the development and publication of International Financial Reporting Standards (IFRSs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1IFRS Foundation
- 2IFRS Advisory Council (IFRS AC)
- 3IFRS Interpretations Committee (IFRS IC)
- 4International Accounting Standards Board (IASB)✓
Correct answer
International Accounting Standards Board (IASB)
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