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The Trustees of the International Accounting Standards Committee (IASC) Foundation, the oversight body of the International Accounting Standards Board (IASB), published amendments to the Foundation’s Constitution reflecting their wish that the membership of the International Financial Reporting Interpretations Committee (IFRIC) should have greater diversity of practical experience. The constitutional changes enlarge the IFRIC from 12 to 14 members and amend the quorum and voting requirements accordingly.
Constitutional changes to IFRIC
Revised version of the Constitution