Economics · Accounting Standards
Which of the following is NOT a duty of the IFRS Interpretations Committee?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To publish draft interpretations for public comment
- 2To provide guidance on financial reporting issues not specifically addressed in IFRS Accounting Standards
- 3To work directly with national standard setters to bring about convergence with IFRS Accounting Standards✓
- 4To interpret the application of IFRS Accounting Standards
Correct answer
To work directly with national standard setters to bring about convergence with IFRS Accounting Standards
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