The European Commission adopts a regulation endorsing international accounting standards (IAS).
* The European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community adopts a regulation endorsing
international accounting standards (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. ), including related
interpretations, thereby requiring the approximately 7,000 European
Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the
European Community public companies to implement them beginning in 2005
www.iasb.org.uk). The regulation includes all IASs and interpretations
except those pertaining to the accounting and disclosure of financial
instruments, which the International Accounting Standards Board  An editor has expressed concern that this article or section is .
Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and is
revising and will reissue by 2004.
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