Accounting Standards Review Board

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 (1533–1592)

    “There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the system’s ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
    —H.L.A. (Herbert Lionel Adolphus)

    “Reading any collection of a man’s quotations is like eating the ingredients that go into a stew instead of cooking them together in the pot. You eat all the carrots, then all the potatoes, then the meat. You won’t go away hungry, but it’s not quite satisfying. Only a biography, or autobiography, gives you the hot meal.”
    —Christopher Buckley, U.S. author. A review of three books of quotations from Newt Gingrich. “Newtie’s Greatest Hits,” The New York Times Book Review (March 12, 1995)

    “During depression the world disappears. Language itself. One has nothing to say. Nothing. No small talk, no anecdotes. Nothing can be risked on the board of talk. Because the inner voice is so urgent in its own discourse: How shall I live? How shall I manage the future? Why should I go on?”
    —Kate Millett (b. 1934)