The Mission of the International Accounting Standards Board (IASB) Is

Multiple Choice

The mission of the International Accounting Standards Board (IASB) is to

A) Develop a uniform currency in which the financial transactions of companies throughout the world would be measured.
B) Issue enforceable standards which regulate the financial accounting and reporting of multinational corporations.
C) Develop a single set of high-quality and understandable IFRS for general-purpose financial statements.
D) Arbitrate accounting disputes between auditors and international companies.