IASB statement on its working relationships

06 April 2006

The International Accounting Standards Board (IASB) today published a Statement of Best Practice: Working Relationships between the IASB and other Accounting Standard-Setters. The Statement identifies a range of activities that the IASB and regional and national accounting standard-setters believe they should undertake in the interests of facilitating the adoption of or convergence with International Financial Reporting Standards issued by the IASB.

Activities include among others communication, both between standard-setters and their constituents and among standard-setters themselves, and project development, including the ways in which other accounting standard-setters can assist the IASB in progressing particular projects.

Press release
Statement

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