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IASC issues bound volume of international accounting standards.


The International Accounting Standards Committee International Accounting Standards Committee was founded in June 1973 in London and replaced by the International Accounting Standards Board on April 1, 2001. It was responsible for developing the International Accounting Standards and promoting the use and application of these  (IASC IASC International Accounting Standards Committee
IASC Inter-Agency Standing Committee (United Nations)
IASC International Arctic Science Committee
IASC International Association for Statistical Computing
) issued the 1994 bound volume of international accounting standards. The reference source contains

* The IASC'S Framework for the Preparation and Presentation of Financial Statements.

* The preface pref·ace  
n.
1.
a. A preliminary statement or essay introducing a book that explains its scope, intention, or background and is usually written by the author.

b. An introductory section, as of a speech.

2.
 to statements of international accounting standards (IASS IASS Importer Activity Summary Statement
IASS Image Access Services Specification
IASS Integrated Amplifier and Speaker System
IASS Intelligence Analysis & Support System
).

* IASS effective for financial statements covering periods beginning on or after January 1, 1994: IASS nos. 1, 2, 4, 5, 7 (revised) and 8-31.

* Revised IASS affected by the IASC'S comparability and improvements project for financial statements and covering periods beginning on or after January 1, 1995: IASS nos. 2, 8, 9, 11, 16, 18, 19, 21, 22 and 23.

* A proposed IAS See iPlanet Application Server.

1. (computer) IAS - The first modern computer. It had main registers, processing circuits, information paths within the central processing unit, and used Von Neumann's fetch-execute cycle.
 on financial instruments (E 48).

* A proposed revised IAS on income taxes (E 33).

* An index.

The bound volume is available for 935 from the IASC, 167 Fleet Street, London, EC4A 2ES, England. Telephone: 44 (071) 353-0565. Fax: 44 (071) 353-0562.
COPYRIGHT 1994 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:International Accounting Standards Committee
Publication:Journal of Accountancy
Article Type:Brief Article
Date:May 1, 1994
Words:143
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