The IASB (International Accounting Standards Board) is an international, private-sector, independent body of accounting experts.
What's it all about?
◼ What is the IASB?
What is the IASB?
The IASB (International Accounting Standards Board) is an international, private-sector, independent body of accounting experts. Its task is to develop and continually revise the International Financial Reporting Standards (IFRS).
The IFRS, issued or revised by the IASB and binding for METRO, are applied in the annual report.