Why we work with academics
The IFRS Foundation believes that academics are important partners in our work to develop and promote the adoption and consistent application of International Financial Reporting Standards (IFRS Standards). The relationship brings benefits to both parties.
The IFRS Foundation benefits from engagement with academics and other researchers in a number of ways:
- High-quality teaching of IFRS Standards
- Creates a better understanding of accounting in future leaders of commerce and industry;
- Leads to better-trained future accountants and consistent application of IFRS Standards; and
- Supports transition to IFRS Standards in the future in countries yet to adopt.
- High-quality research of IFRS Standards
- Increases understanding of the role of IFRS standards in a local and international context; and
- Influences the development of future and current standards by providing evidence.
Academics and other researchers benefit from engagement with the IFRS Foundation in a number of ways:
- The availability of board materials on all International Accounting Standards Board (Board) projects;
- Access to high-quality implementation resources which include webcasts and podcasts by IASB staff, Board member articles etc on the project web pages;
- Opportunities to bring students to the IFRS Foundation; and
- Board input into research through specific events and programmes.
How we work with academics
The IFRS Foundation has a range of specific activities designed to engage with academics, including:
IFRS Teaching sessions
Regional half-day IFRS teaching sessions in cooperation with regional academic accounting associations and others to assist IFRS teachers to implement framework-based teaching. The sessions also aim to encourage teaching that develops in students the ability to make the judgements that are necessary to apply principle-based accounting standards.
IFRS for SMEs Train the Trainers workshops
Regional 'train the trainers' workshops, in cooperation with regional professional associations and the world's development agencies. These workshops are part of our programme to build capacity for the implementation of the IFRS for SMEs Standard, particularly in developing and emerging economies.
IASB Research Forum
The Board holds an annual research forum in conjunction with an academic journal. Find out more about the 2017 Research Forum.
Post-implementation Reviews (PIR)
The Board carries out a PIR of each new IFRS Standard or major amendment, generally 30-36 months after companies are first required to apply it. As part of that review, the Board often requests an academic literature review. Find out more about PIRs.
Collaboration on research conferences
We present on IFRS Standards, for example at the European Accounting Association, the American Accounting Association and the African Accounting and Finance Association Conference.
For all events please go to our events calendar and filter by event type (workshop or conference).
If you are an academic and would like to engage with us on any of the points listed above, please contact the education team. Please note that we are only able to respond to enquiries on these specific issues—we cannot give information about IFRS training courses globally, or answer technical accounting questions.
IFRS Foundation resources for academics
The following is a summary of resources that may be useful to academics:
- eIFRS: Provides online access to IFRS Standards and interpretations in multiple languages, dating back to 2001
- Our shop: A 20% discount is available on all eligible products to full-time university students and professors
- Research in accounting: Board members Ann Tarca and Darrel Scott present a paper on how to contribute to our work
- IFRS Research Centre: The IFRS Research Centre provides information to support research of interest to the Board
The IFRS Foundation website provides a wealth of resources to academics. In this video, IASB member Ann Tarca speaks with Technical staff member Matt Tilling about academic research and how academics can contribute to the work of the International Accounting Standards Board.
We recommend that academics, particularly those teaching the standards, familiarise themselves with the following sections:
- Work plan: Describes the status of projects being worked on by the IASB and provides a way to access specific project pages
- Around the world: Detailed information about use of IFRS Standards by around 150 jurisdictions
- IFRS for SMEs Standard: Training material to support the implementation of the IFRS for SMEs Standard
- Dashboard: Provides website users with the ability to receive updates and alerts about specific projects and themes
- Implementation support: Resources and materials to support implementation of recently introduced IFRS Standards
Student visits to the IFRS Foundation
The IFRS Foundation is pleased to be able to receive a limited number of prearranged student groups that are studying IFRS Standards. During these visits we offer a two hour session on IFRS Standards free of charge. Please note that visits can only take place at specified times and are allocated on a first-come first-served basis.
For 2019 the dates and times are:
- 10:00–12:00 Wednesday 30 January 2019
- 10:00–12:00 Tuesday 26 February 2019
- 10:00–12:00 Tuesday 26 March 2019
- 10:00–12:00 Friday 26 April 2019
- 10:00–12:00 Wednesday 22 May 2019
- 10:00–12:00 Wednesday 26 June 2019
- 10:00–12:00 Tuesday 9 July 2019
- 10:00–12:00 Thursday 26 September 2019
- 10:00–12:00 Tuesday 29 October 2019
- 10:00–12:00 Wednesday 27 November 2019
To request a student visit kindly email: email@example.com and provide the following information:
- Name of educational institution
- Which session you would like to attend
- Number of students attending the visit
Requests for visits must be received at least three months before the date of the proposed visit, and places are limited.
A typical presentation to a visiting student group includes an overview of the structure of the IFRS Foundation, review of the typical operation of the board, discussion of current projects and examples of how principle based standards work in practice. There is also a period for questions from the audience.