The vision of global accounting standards has been publicly supported by many international organisations, including the G20, World Bank, IMF, Basel Committee, IOSCO and IFAC.
To assess progress toward that goal, the IFRS Foundation is developing and posting profiles about the use of IFRS Standards in individual jurisdictions on an ongoing basis. Currently, profiles are completed for 149 jurisdictions.
The IFRS Foundation uses information from various sources to develop the profiles. The starting point is the responses provided by standard-setting and other relevant bodies to a questionnaire developed by the IFRS Foundation. The IFRS Foundation drafts the profiles and invites the respondents to the questionnaire and others (including regulators and international audit firms) to review the drafts to ensure accuracy. Their comments are reflected.
Profiles by jurisdiction
The 149 profiled jurisdictions represent all parts of the globe, as follows:
The information in the profiles is for general guidance only and may change from time to time. You should not act on the information in the profiles, and you should obtain specific professional advice to help you in making any decisions or in taking any action. If you believe that the information has changed or is incorrect please contact us at firstname.lastname@example.org.
The purpose of the IFRS Foundation's jurisdiction profiles is to illustrate the extent of implementation of IFRS Standards across the globe only. The profiles do not reflect the intellectual property licensing status of IFRS Standards within any given jurisdiction. The IFRS Standards are protected by copyright and are subject to different licensing arrangements according to jurisdiction. For further information, please contact email@example.com.
This page was last updated on 12 December 2016.