Journal article

The Changing IASB and AASB Relationship

Kevin M Stevenson

AUSTRALIAN ACCOUNTING REVIEW | WILEY | Published : 2012

Abstract

This article takes the reader inside the changing relationship between the Australian Accounting Standards Board (AASB) and other standard setters, and the International Accounting Standards Board (IASB) in 2012. Critically, it looks at the prospect that relationships between the IASB and domestic standard setters might now change markedly as attempts are made to establish more formal links with domestic and regional groupings of standard setters, a move currently being mooted by the International Financial Reporting Standards (IFRS) Trustees and the IASB. Related to this development, the article looks at a rapidly emerging aspect of standard setting - the rise of regional groupings such as ..

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University of Melbourne Researchers