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IFRS Accounting Standards are developed by the International Accounting Standards Board (IASB). The IASB is an independent standard-setting body within the IFRS Foundation.
IFRS Accounting Standards are, in effect, a global accounting language—companies in more than 140 jurisdictions are required to use them when reporting on their financial health. The IASB is supported by technical staff and a range of advisory bodies.
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IFRS Sustainability Standards are developed to enhance investor-company dialogue so that investors receive decision-useful, globally comparable sustainability-related disclosures that meet their information needs. The ISSB is supported by technical staff and a range of advisory bodies.
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11 June 2018
IFRS Foundation calls for Accounting Standards Advisory Forum member applications
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The IFRS Foundation is calling for applications from National Standard-setters and regional bodies to become members of the Accounting Standards Advisory Forum (ASAF).
ASAF is an advisory group to the International Accounting Standards Board (Board), established in 2013, consisting of 12 members from National Standard-setters and regional bodies. It contributes to the development of high-quality accounting standards by providing technical advice to the Board.
The closing date for applications was 31 July 2018. The new membership of ASAF will be in place from November 2018 to 2021.
Review of the Accounting Standards Advisory Forum 2018
The IFRS Foundation has also today published a Feedback Statement following its 2018 review of ASAF. The Feedback Statement summarises the comments received during the review process and the recommendations for continued development.
The review has demonstrated that ASAF continues to fulfil an important role as a technical adviser to the Board and as a forum for the Board to engage directly with standard-setters from around the world.
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