Explain the Role That the U

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The Answer is The U.S. SEC made several significant contributions to the development of the IASB. First, the U.S. SEC joined the IOSCO, which made major contributions to the development of the IASB. Some of the developments that occurred because of IOSCO were improved standards, as well as reducing the flexibility of IAS. Secondly, the U.S. SEC had a large influence in the structure of the new IASB that was developed from the Strategy Working Party. The U.S. SEC wrote a letter explaining that the Board needed to be small, highly trained, full time, and independent.

Explain the Role That the U

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Explain the Role That the U

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Correct Answer:VerifiedShow Answer

Correct Answer:
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