Final answer:
The IASB believes that the Asset-liability method is the most consistent method for accounting for income taxes.
Step-by-step explanation:
The IASB (International Accounting Standards Board) believes that the Asset-liability method is the most consistent method for accounting for income taxes. This method focuses on recognizing and measuring deferred tax assets and liabilities on the statement of financial position.
It considers the temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and their tax bases. By using this method, companies can ensure consistency and accuracy in their accounting for income taxes.