IFRS advisory board proposed in Australia

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11 Jan 2005

The National Institute of Accountants (NIA) in Australia has recommended that the Australian Accounting Standards Board (Australia's accounting standard setter) create a technical advisory panel to help identify implementation and interpretation problems emerging out of the move to Australian equivalents of International Financial Reporting Standards.

The NIA, one of three professionally recognised accounting bodies in Australia, believes a technical advisory panel could provide the standard setter regular feedback on implementation concerns and emerging trends. Click for (PDF 42k).

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