neoaccounting

The objective of ASAF is to provide an advisory forum in which members can constructively contribute towards the achievement of the Board’s goal of developing globally accepted high-quality accounting standards. More particularly, the ASAF is established to: support the IFRS Foundation in its objectives, and contribute towards the development, in the public interest, of a single set of high quality understandable, enforceable and globally accepted financial reporting standards to serve investors and other market participants in making informed resource allocations and other economic decisions; formalise and streamline the Board’s collective engagement with the global community of national standard-setters and regional bodies in its standard-setting process to ensure that a broad range of national and regional input on major technical issues related to the Board’s standard-setting activities are discussed and considered; and facilitate effective technica...