Dear All,
ISO stands for The International Organization for Standardization. It is an international-standard-setting body composed of representatives from various national standards organizations (like the BIS in India). Founded on February 23rd 1947, the organization promulgates worldwide proprietary industrial and commercial standards. It has its headquarters in Geneva, Switzerland. ISO defines itself as a non-governmental organization. However, its ability to set standards that often become law, either through treaties or national standards makes it more powerful than most non-governmental organizations. In practice, ISO acts as a consortium with strong links to governments. It has 163 national members out of the 203 total countries in the world. ISO has developed over 18000 International Standards on a variety of subjects and some 1100 new ISO standards are published every year.
For further information refer
CA Rahul Joglekar
Partner
Gokhale & Sathe
Chartered Accountants
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