Research centre

Evidence-supported standard-setting

The International Accounting Standards Board (Board) uses evidence to support its standard-setting decisions. Evidence-supported decision-making gives the Board confidence that it is making appropriate decisions. It also allows those affected by the decisions to see that the Board has demonstrable evidence that is consistent with, or supports, the conclusions reached by the Board, thereby enhancing the credibility of those conclusions.

The Board seeks evidence at all stages in the development of a Standard, from initiation of a project in the research programme through to post-implementation reviews of major new Standards. The IFRS Interpretations Committee (Interpretations Committee) also considers evidence of diversity in the practice to help it assess the extent, and economic significance, of the diversity.

We have a broad definition of evidence—it includes:

  • responses to consultative documents;
  • fieldwork such as assessing systems changes or the hypothetical application of a proposed new financial reporting requirement;
  • empirical analysis from studies of reported accounting data, share price relationships and analysts’ forecasts;
  • the results of experimental studies;
  • analytical modelling; and
  • collecting and analysing views from surveys.

Some types of evidence arise from work initiated by the Board, for example responses to consultative documents. Other types of evidence arise from independent research, for example existing academic research. The Board also aims to encourage new research that will be useful in its standard-setting process (see the research opportunities section).

Research opportunities 

Good quality research can help the International Accounting Standards Board (Board) develop Standards for general purpose financial reporting. To help increase the pool of relevant and timely research prepared by independent researchers, such as academics, the Board has developed a number of initiatives.

IASB Research Forum

  • The Board holds an annual research forum in conjunction with an academic journal. The objectives are to promote high-quality research on topics of interest to the IASB and provide a forum for discussion between academic and professional accountants
  • Find out about the 2018 Research Forum held in conjunction with Abacus journal.
  • Details of previous Research Forums can be found here:

Literature review for PIRs

  • The Board often asks academics for academic literature reviews as part of its post-implementation reviews (PIRs). Find out more about research for past PIRs and further details on current PIRs.

Research for Accounting Standards Advisory Forum (ASAF)

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