Accounting standard-setting confce ends
A two-day World Standard-setters Conference ended yesterday in London where over 150 standard-setters from across the globe discussed collaboration in accounting standard-setting.
Md Salim Uddin, vice president of the Institute of Chartered Accountants of Bangladesh (ICAB), and Mahbub Ahmed Siddique, a director (technical), participated at the event organised by International Accounting Standards Board (IASB).
Amendments to International Financial Reporting Standards (IFRS), recently issued by the IASB, the only global accounting standard-setting body, were highlighted in the conference, said an ICAB statement.
The conference elaborately discussed the activities of different committees, their functions, role and implementation of the IFRS globally.
IASB Chairman Hans Hoogervorst gave the opening remarks and the conference was followed by a meeting of the International Forum of Accounting Standard Setters.
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