Accounting Standards Review Board
Encyclopedia
Accounting Standards Review Board (ASRB) is a body set up to review and approve financial reporting standards in New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

. 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.

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