The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable and globally accepted accounting and sustainability disclosure standards.
Our Standards are developed by our two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB).
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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 Disclosure Standards are developed by the International Sustainability Standards Board (ISSB). The ISSB is an independent standard-setting body within the IFRS Foundation.
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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20 November 2018
October 2018 Trustee meeting summary available
The Trustees of the IFRS Foundation met in Johannesburg, South Africa, on 16–18 October 2018.
The summary of the meeting is now available on the meeting page. It includes summaries of updates to the Trustees from International Accounting Standards Board (Board) Chair Hans Hoogervorst and executive director Lee White. It also includes the report of the Trustees’ Due Process Oversight Committee, which ensures the Board follows its due process in its standard-setting work.
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Trustees of the IFRS Foundation
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