Problem:
The purpose of this case is to introduce you to the information available on the website of the International Accounting Standards Board (IASB).
Required:
Access the IASB home page on the Internet. The web address is www.iasb.org. Answer the following questions.
Question 1: Describe the mission of the IASB.
Question 2: The IASB has how many board members?
Question 3: Who is the current chairman of the IASB?
Question 4: Where is the IASB located?
Note: Provide support for your underlying principle.