Accounting Standards Review Board (ASRB) is a body set up to review and approve financial reporting standards in New Zealand. It was formed by the Financial Reporting Act of 1993
ASRB can have between four to seven members. The Governor General of New Zealand on the recommendation of the Minister of Commerce appoints the members by virtue of their knowledge and experience in law, finance, business, economics and accounting.
Famous quotes containing the words accounting, standards, review and/or board:
“I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.”
—Michel de Montaigne (15331592)
“As long as our people quote English standards they dwarf their own proportions.”
—Ralph Waldo Emerson (18031882)
“I review novels to make money, because it is easier for a sluggard to write an article a fortnight than a book a year, because the writer is soothed by the opiate of action, the crank by posing as a good journalist, and having an airhole. I dislike it. I do it and I am always resolving to give it up.”
—Cyril Connolly (19031974)
“And they heaved a mighty breath, every soul on board but me,
As they saw her nose again pointing handsome out to sea;
But all that I could think of, in the darkness and the cold,
Was just that I was leaving home and my folks were growing old.”
—Robert Louis Stevenson (18501894)