IASC: A Structure to Achieve a Unified Global Accounting System

146 Pages·2001·4.6 MB·English

by  Waite, Mike

IASC: A STRUCTURE TO ACHIEVE A UNIFIED
GLOBAL ACCOUNTING SYSTEM
BY
MICHAEL WAITE
A
Thesis Submitted in Partial Fulfillment of
Requirements ofthe CSU Honors Program
For Honors in the degree of
Bachelor of Business Administration
&
(Accounting Management),
Abbott Turner College of Business,
Columbus State University,
Columbus, Georgia.
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A STRUCTURE TO ACHIEVE A
IASC:
GLOBAL ACCOUNTING SYSTEM
UNIFIED
By: Michael Waite
Abbott Turner College of Business
Columbus State University
Columbus, Georgia
Date: May 25, 2001

TABLE OF CONTENTS
List ofFigures iii
List ofTables iii
Chapter I: Introduction 1
Background 3
IASC 4
IFAC 6
IOSCO
7
United Nations 8
OECD
9
European Union 10
_
SEC & FASB 12
Others .13
Chapter II: IASC Formulation 14
Chapter HI. IASC Achievements 17
Chapter IV: IASC Challenges 19
Chapter V: Evaluation ofthe IASC 23
Strengths 23
„
Weaknesses 26
IASC 2001 32