10-28-2004, 02:02 PM
Dear smraza and Pracs
Thanks allot for help of both of you and I really appreciate this effort of yours to clarify my thoughts and concepts about IAS. I have studied the website of IASB. And studied all about its history and formation etc etc. I do not know I have a feel that as they are British based standards that they want to implement internationally. Because in their members I was not able to find America. So I am confused once again. That do Americans also follow IAS the same one which is been issued by IASB or they follow FASB. Because if they are following FASB this means that IAS are not American standards but they are British. I know I might be bugging you people but I want to clear it in my mind because this is some thing which I asked from so many people(CA, ICMA,MBA etc etc) and I get different answers.
Kindly help me out
Looking forward to prompt reply from you people once again
Thanks and Regards
Salman Shehzad
Lecturer
Mohammad Ali Jinnah University,
Islamabad Campus.
Phone 92-51-111-87-87-87 Ext 115
Mobile 92-303-7777237
www.jinnah.edu.pk
Thanks allot for help of both of you and I really appreciate this effort of yours to clarify my thoughts and concepts about IAS. I have studied the website of IASB. And studied all about its history and formation etc etc. I do not know I have a feel that as they are British based standards that they want to implement internationally. Because in their members I was not able to find America. So I am confused once again. That do Americans also follow IAS the same one which is been issued by IASB or they follow FASB. Because if they are following FASB this means that IAS are not American standards but they are British. I know I might be bugging you people but I want to clear it in my mind because this is some thing which I asked from so many people(CA, ICMA,MBA etc etc) and I get different answers.
Kindly help me out
Looking forward to prompt reply from you people once again
Thanks and Regards
Salman Shehzad
Lecturer
Mohammad Ali Jinnah University,
Islamabad Campus.
Phone 92-51-111-87-87-87 Ext 115
Mobile 92-303-7777237
www.jinnah.edu.pk
