Accounting standards are issued at the International level by the

Accounting standards are issued at the International level by the

  • A.
    Standards Advisory Council
  • B.
    International Accounting Standards Board
  • C.
    Nigerian Accounting Standards Board
  • D.
    Standing Interpretations Committee
Correct Answer: Option B
Explanation

Accounting standard is a statement issued by the appropriate standard – setting body locally or internationally on a specific area or topic in Financial Accounting.
Accounting standards are issued at the International level by the International Accounting Standards Board (IASB) – formerly International Accounting Standards Committee (IASC).

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