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Viral Leak Daily

International Accounting Standards Committee (IASC)

Author

Matthew Cannon

Published Sep 09, 2026

International Accounting Standards Committee (IASC),

Definition of International Accounting Standards Committee (IASC):

  1. An international organization formed in 1973 by an agreement between the accounting bodies of 140 countries that developed and promoted the use of the International Accounting Standards (IAS). It was succeeded by the International Accounting Standards Board (IASB).

Meaning of International Accounting Standards Committee (IASC) & International Accounting Standards Committee (IASC) Definition