Tag Archives: IASB

State Board Report May 2013 Standard setters from all parts of the world came together for the first meeting of the Accounting Standards Advisory Forum (ASAF) on April 8-9, 2013 in London. The aim of the group is to provide a technical advisory body to the International Accounting Standards Board (IASB) for its development of…

State Board Report July 2011 GAAP is integral to the State Boards’ complaint-based enforcement system, the yardstick for enforcement, NASBA Director-at-Large Gaylen Hansen reminded the Securities and Exchange Commission’s July 7, 2011 roundtable discussion on the potential impact of U.S. adoption of International Financial Reporting Standards. The more sets of standards there are, the more…

Abbreviations Heard at Meetings of the National Association of State Boards of Accountancy AAA – American Accounting Association AACSB – American Assembly of Collegiate Schools of Business ACAP – Advisory Committee on the Auditing Profession (US Treasury Department) ACCA – Association of Chartered Certified Accountants ACAT – Accreditation Council for Accountancy and Taxation (NSA affiliated…

“Monetary Discipline Did Not Work” NASHVILLE, Tenn., October 7, 2010 — International regulators representing over 15 countries assembled in Madrid, Spain on September 30 – October 1, for the Third Annual NASBA International Forum. The Forum — established by the National Association of State Boards of Accountancy (NASBA) in 2008 — is a unique roundtable…

April 27, 2009 During the past several years, the move toward a single set of high quality, globally accepted accounting standards has gained momentum. For example, in 2005 the European Union began requiring companies incorporated in its member states whose securities are listed on an EU-regulated stock exchange to prepare their consolidated financial statements in accordance…

April 27, 2009 U.S. Uniform CPA for the first time in the UAE Registration begins in May and International Administration set for August 2011 During the past several years, the move toward a single set of high quality, globally accepted accounting standards has gained momentum. For example, in 2005 the European Union began requiring companies incorporated…

September 15, 2008 This document contains a letter from NASBA to the Members of the International Accounting Standards Committee Foundation regarding Proposals for Change – Review of the Constitution: Public Accountability and the Composition of the IASB. See Full Document:Response to the IASCF Exposure Draft

November 13, 2007 NASBA comments to the SEC on the “Concept Release on Allowing U.S. Issuers to Prepare Financial Statements in Accordance with International Financial Reporting Standards.” This process allows the best and most desirable characteristics of both accounting systems to be incorporated into a single set of converged accounting principles. Convergence will facilitate the…