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Suggestions for reforming the governance of global accounting standards. Bruegel Policy Contribution 2011/04, 12 May 2011

Veron, Nicolas (2011) Suggestions for reforming the governance of global accounting standards. Bruegel Policy Contribution 2011/04, 12 May 2011. [Policy Paper]

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    Abstract

    Public authorities overseeing the International Financial Reporting Standards (IFRS) Foundation, through the Monitoring Board in place since early 2009, should encourage the Foundation to make itself more directly accountable to the global investment community. The Monitoring Board should re-examine its own role, composition and processes in the same spirit, one option being its enlargement to include investor representatives, and transformation into a statutory body of the IFRS Foundation. The IFRS Foundation’s funding framework should be better aligned with its governance and accountability arrangements.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > External relations > international economy
    EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Contributions
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 16 May 2011 10:06
    Number of Pages: 8
    Last Modified: 16 May 2011 10:20
    URI: http://aei.pitt.edu/id/eprint/31860

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