NEWYORK- The International Accounting Standards Committee (IASC) Foundation published on April 1, 2007 for public comment proposals to increase the size of the International Financial Reporting Interpretations Committee (IFRIC) from 12 to 14 voting members.
The Trustees, therefore, invite comments on the proposed amendment set out in a consultative document enlarging the IFRIC available on the IASC Foundation’s Website.
Comments should be submitted July 31, 2007
IASC is an independent body that oversees the International Accounting Standards Board (IASB).