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.
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On 3 November 2021, at COP26, the IFRS Foundation Trustees announced the creation of the International Sustainability Standards Board (ISSB).
The ISSB will deliver a global baseline of sustainability disclosures to meet capital market needs.
In this episode of our monthly IASB podcast, we introduce Andreas Barckow, new Chair of the International Accounting Standards Board (Board). He and Vice-chair Sue Lloyd talk about the Board’s discussions at the meeting that was held virtually on 20 and 21 July 2021, as well as its joint educational session with the Financial Accounting Standards Board (FASB) on 23 July 2021.
Topics discussed include:
A full summary of the July Board meeting can be found in the IASB Update.
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