NEW YORK-The International Accounting Standards Board (IASB) published on October 10, 2007 for public comment an exposure draft of proposed amendments to 25 International Financial Reporting Standards (IFRSs) .
The proposals range from a restructuring of IFRS 1 First-time Adoption of International Financial Reporting Standards, mainly to clarify the meaning and remove unintended inconsistencies between IFRSs.
The exposure draft will be available of the IASB website starting October 22, 2007.
IASB is committed to developing in the public interest a single set of high quality global accounting standards.
For more information please visit the following website: www.iasb.org