How we work in the public interest

The IFRS Foundation is unique—it is a privately organised, not-for-profit organisation established to serve the public interest.

The organisation was founded under the auspices of global securities regulators with the aim of contributing to the development of global financial markets and cross-border economic activity.

Our governance structure is created to ensure that the standard-setting is independent and not unduly influenced by commercial interest or any specific stakeholder groups. To safeguard our independence, there are several arrangements in place.

You can read more about these arrangements and how the public at large benefit from our work in this document:

Working in the public interest: The IFRS Foundation and the IASB (2015)

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