Skip to Main Content
An Executive's Guide for Moving from US GAAP to IFRS
book

An Executive's Guide for Moving from US GAAP to IFRS

by Peter Walton
August 2009
Intermediate to advanced content levelIntermediate to advanced
135 pages
3h 21m
English
Business Expert Press
Content preview from An Executive's Guide for Moving from US GAAP to IFRS

Chapter 5

IASB’s Standard-Setting Process

People who are used to dealing with the FASB will not find the operation of the IASB much different. The IASB might make greater use of discussion papers that state their preliminary views on a subject. Their exposure periods are longer as are their delays before implementation in order to give time for translations to be made and for standards to be incorporated in the law in jurisdictions where that is a requirement.

On major topics, the IASB holds roundtables in different parts of the world. Its board members travel the world frequently to have meetings with national standard-setters and constituents. Typically, the national standard-setter retains an important role after adoption of IFRS in terms ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

An Executive Guide to IFRS: Content, Costs and Benefits to Business

An Executive Guide to IFRS: Content, Costs and Benefits to Business

Peter Walton

Publisher Resources

ISBN: 9781606490242