There are four separate but related bodies which control the setting of International accounting standards (IFRS’s).
Which THREE of the following are included in the standard setting process?
A . International Accounting Standards Board (IASB)
B . Accounting Standards Board (ASB)
C . International Financial Reporting Interpretations Committee (IFRIC)
D . Chartered Institute of Management Accountants (CIMA)
E . Financial Accounting Standards Board (FASB)
F . International Accounting Standards Committee Foundation (IASCF)
Answer: A,C,F
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