The IFRS Foundation is a not-for-profit responsible for developing global accounting and sustainability disclosure standards, known as IFRS Standards.
IFRS Accounting Standards and IFRIC Interpretations A full list of IFRS Accounting Standards, IFRIC Interpretations and associated material
About the International Accounting Standards Board (IASB) The IASB is an independent group of experts with an appropriate mix of recent practical experience in setting accounting standards, in preparing, auditing, or using financial reports, and in accounting education. Broad geographical diversity is also required. The IFRS Foundation Constitution outlines the full criteria for the ...
Worldwide jurisdictional adoption IOSCO endorsed IFRS Accounting Standards in 2000. Today they are in effect the global language of financial reporting, used extensively across developed, emerging and developing economies. 140+ jurisdictions now require the use of IFRS Accounting Standards for all or most publicly listed companies.
Part B contains the illustrative examples and implementation guidance that accompany the IFRS Accounting Standards, together with IFRS practice statements
Since the European Union’s 2002 regulation mandating IFRS for EU public companies and the execution of the Norwalk Agreement by FASB and the International Accounting Standards Board (IASB), momentum ...
LONDON, July 5 (Reuters) - Legal & General Group LGEN.L said on Wednesday its adoption of global accounting standard IFRS 17 would not alter its strategy, solvency or dividend plans, and it remained ...
IFRS Standards can be used free of charge for non-commercial purposes, such as preparing corporate disclosures. Any other use, including integration into products and services, requires a licence from the IFRS Foundation.
The IFRS Foundation sets standards used globally for financial reporting that improve the communication between companies and investors. We are an independent, not-for-profit organisation founded on the belief that better information from companies leads to better investment decisions. Our standards—called IFRS Standards—boost transparency, comparability and trust in financial reporting.