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International Accounting Standards Committee And The Harmonization Of International Accounting Standards, Neeru K. Cerny

Honors Capstones

This study deals with the works of the International Accounting Standards Committee (IASC) and the problems faced by it in the process of harmonizing international accounting standards. Sources used include books written by experts in the field of international accounting, articles written by accounting practitioners, and interviews conducted with the aid of a selfprepared questionnaire (attached). While concentrating on the IASC as the sole standards-setting body, this study also briefly discusses the roles of other organizations such as the International Federation of Accountants (IFAC) and the International Organization of Securities Commission (IOSCO) in the development of international accounting standards. The …