The ASB participates in the National standard setters (NSS), which is an informal group of organisations that are committed to working, in the public interest, for the improvement of financial reporting.
NSS supports the mission of the International Accounting Standards Board (‘IASB’) to develop a single set of high quality, understandable and enforceable global accounting standards that require high quality, transparent and comparable information.
In furtherance of these aims NSS:
- Assists participants in carrying out research aimed at the development of improved future accounting standards.
- Reviews and comments on IASB’s agenda and proposals for changes in international bodies concerned with financial reporting.
- Provides a forum for an exchange of views and sharing of experience between participants about other issues in financial reporting, including in the public and not-for-profit sectors.
The NSS meets twice a year. Recent reports may be downloaded below:
