History
Structure
100
The year the IASB was created.
What is 2001
100
The number of full time members of the IASB.
What is 16
200
The city where the Headquarters of the IASB/IFRS is located.
What is London.
200
This body appoints IASB members.
What is the IFRS trustees.
300
This organization came before the IASB.
What is the IASC.
300
This serves as a guide to develop IFRS for the IASB.
What is the conceptual framework.
400
The year EU mandated the adoption of IFRS.
What is the year 2005
400
This percentage is required to enact an IFRS.
What is 75%
500
This concept prompted the formation of the IASB.
What is convergence.
500
The conceptual framework makes these two major assumptions about IFRS.
What is accrual basis and going concern.
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