Publication: Report on the Observance of Standards and Codes, Accounting and Auditing: Module B - Institutional Framework for Corporate Financial Reporting, B.8 Accounting Standard-setting
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Date
2017
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2017
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The purpose of this report is to gain an understanding of the governance arrangements and procedures for setting accounting and financial reporting standards in a jurisdiction, covering: (a) the adoption of International Financial Reporting Standards (IFRS) where applicable, and (b) national generally accepted accounting principles (GAAP). The questions are based on examples of good practice followed by internationally-recognized standard-setting bodies. The report is structured as follows: institutional environment for standard-setting; adoption of IFRS; standard -setting process for national auditing standards; and other aspects of the standard-setting process.
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“World Bank. 2017. Report on the Observance of Standards and Codes, Accounting and Auditing: Module B - Institutional Framework for Corporate Financial Reporting, B.8 Accounting Standard-setting. © World Bank. http://hdl.handle.net/10986/26230 License: CC BY 3.0 IGO.”
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