IASB and FASB taking steps on global financial crisis

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have announced further steps in response to the global financial crisis following their joint board meeting in London on March 23 and 24, 2009. (Read the IASB Press Release and CAmagazine web article More steps from IASB and FASB.)