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Suggestions for reforming the governance of global accounting standards

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  • Nicolas Véron

Abstract

Public authorities overseeing the International Financial Reporting Standards (IFRS) Foundation, through the Monitoring Board in place sinceearly 2009, should encourage the Foundation to make itself more directlyaccountable to the global investment community. The Monitoring Board should re-examine its own role, composition andprocesses in the same spirit, one option being its enlargement to includeinvestor representatives, and transformation into a statutory body of theIFRS Foundation. The IFRS Foundation’s funding framework should be...

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  • Nicolas Véron, 2011. "Suggestions for reforming the governance of global accounting standards," Policy Contributions 533, Bruegel.
    • Handle: RePEc:bre:polcon:533
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    Cited by:

    1. Nicolas Véron, 2011. "Keeping the promise of global accounting standards," Policy Briefs 575, Bruegel.

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