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1001
International Accounting Standards Board

IASC and IASB

IASC was founded in 1973.
IASC issued IAS 1 in 1975.
IASC issued IAS 41 in 2001.

IASB was formed in 2001 to replace IASC.
IASB issued IFRS 1 in 2003.
IASB issued IFRS 8 in 2006.
 
   
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