2008 Regional Meeting, International Standards and Regulation

June 12 , 2008

The U.S. state boards of accountancy — that is, NASBA’s member boards — represent 646,000 accountants and 55 regulatory boards, which, as David Costello observed this morning, constitutes the largest accounting regulatory body in the world. It is essential that this body, whose members are mandated to protect the public interest, play a proportionate role in the deliberations, debates, and determinations that influence the consideration and setting of international accounting standards. To that end, it is incumbent upon NASBA to raise our visibility in the international arena, to enlighten and educate as to the roles we play in setting and enforcing standards, and to become a stronger influence in the field of international regulation.

See Full Document:
International Standards Presentation