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).
Why have global accounting and sustainability standards? What benefits do they bring to the world economy?
Discover more about the adoption process for IFRS Accounting Standards, and which jurisdictions have adopted them and require their use.
Access our Standards, Interpretations and related materials here. If you register with us for a free acccount, you can access HTML and PDF files of this year's consolidated IFRS Accounting Standards, IFRIC Interpretations, the Conceptual Framework for Financial Reporting and IFRS Practice Statements, as well as available translations of Standards.
You will also get access to the IFRS Sustainability Disclosure Standards and their related materials.
What do we do once we’ve issued a Standard? We undertake various activities to support the consistent application of IFRS Standards, which includes implementation support for recently issued Standards. We do this because the quality of implementation and application of the Standards affects the benefits that investors receive from having a single set of global standards.
The work plan includes all projects undertaken by the IFRS Foundation Trustees, the International Accounting Standards Board (IASB), the International Sustainability Standards Board (ISSB) and the IFRS Interpretations Committee. Public consultations are a key part of all our projects and are indicated on the work plan.
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On 3 November 2021, at COP26, the IFRS Foundation Trustees announced the creation of the International Sustainability Standards Board (ISSB).
On 26 June 2023 the ISSB issued its inaugural standards—IFRS S1 and IFRS S2—ushering in a new era of sustainability-related disclosures in capital markets worldwide.
The IFRS Foundation, through its standard-setting body the International Accounting Standards Board (Board), is responsible for developing a single set of high-quality global accounting standards for use throughout the world.
The Trustees of the IFRS Foundation invite applications from, and nominations of, suitable organisations and individuals for membership of the IFRS Advisory Council (Advisory Council).
The primary objective of the Advisory Council is to provide the Trustees and the Board with broad strategic advice on both standard-setting and operational matters, including advice on the Board’s standard-setting agenda. The Advisory Council consists of up to 50 member organisations who have an interest in standard-setting, and represent diverse geographical and professional backgrounds. Organisations nominate one of their most senior people to represent them at the Advisory Council.
The Trustees are looking to fill 15 vacancies when the terms of its current members are completed on 31 December 2018. Of those 15 current members, eight are eligible for reappointment. New members would serve two or three-year terms, starting on 1 January 2019, renewable once.
See the role description for more details.
Please indicate interest by sending a covering letter, letter of support from the organisation who is to be represented and curriculum vitae by 13 July 2018* to Sheila Fraser, Chair of the Nominating Committee, IFRS Foundation, 30 Cannon Street, London EC4M 6XH, United Kingdom, or by email to jrobinson@ifrs.org.
*Nominations received after 13 July 2018 cannot be guaranteed consideration by the Trustees.
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