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.
Read our latest news, features and press releases and see our calendar of events, meetings, conferences, webinars and workshops.
We offer a broad range of products and premium services, including print and digital editions of the IFRS Foundation's major works, and subscription options for all IFRS Accounting Standards and related documents. Every purchase contributes to the independence and funding of the IFRS Foundation and to its mission.
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.
You need to Sign in to use this feature
The Trustees of the IFRS Foundation and the Board of Directors of the Value Reporting Foundation (VRF) have voted to approve the consolidation of the VRF into the IFRS Foundation, effective 1 July 2022.
The final meetings of the VRF Board of Directors, SASB Standards Board and the Integrated Reporting Framework Board concluded in New York last week. After these meetings, the IFRS Foundation Trustees and the VRF Board of Directors have confirmed their approval of the consolidation of the VRF into the IFRS Foundation, which is on track to be completed as planned, effective 1 July 2022.
The consolidation of VRF will entail several organisational arrangements to align with the vision and meet the objectives of the parties that led to their announcing consolidation plans at COP26 in Glasgow on 3 November 2021. These arrangements will inform the work of the IFRS Foundation through the industry-based approach of the SASB Standards and the Integrated Reporting Framework.1
To this effect, VRF Board Directors Barry Melancon and Richard Sexton will become observers to the IFRS Foundation Trustees meetings. Other VRF Directors, Alan Beller, Else Bos, Jane Diplock, Steve Gunders and Bob Herz will be part of a newly formed IFRS Foundation Transitional Advisory Group, effective July 2022.
As previously announced, CEO of VRF Janine Guillot will serve as Special Advisor to ISSB Chair Emmanuel Faber and High-Level Ambassador for the ISSB.
Further information about the consolidation will be published on 30 June.
1The IFRS Foundation recently communicated its plans for SASB Standards and the Integrated Reporting Framework
You need to Sign in to use this feature
Your action was not processed, please try again later
IFRS Foundation cookies
We use cookies on ifrs.org to ensure the best user experience possible. For example, cookies allow us to manage registrations, meaning you can watch meetings and submit comment letters. Cookies that tell us how often certain content is accessed help us create better, more informative content for users.
We do not use cookies for advertising, and do not pass any individual data to third parties.
Some cookies are essential to the functioning of the site. Other cookies are optional. If you accept all cookies now you can always revisit your choice on our privacy policy page.
Essential cookies are required for the website to function, and therefore cannot be switched off. They include managing registrations.
Cookie detailsWe use analytics cookies to generate aggregated information about the usage of our website. This helps guide our content strategy to provide better, more informative content for our users. It also helps us ensure that the website is functioning correctly and that it is available as widely as possible. None of this information can be tracked to individual users.
Cookie detailsPreference cookies allow us to offer additional functionality to improve the user experience on the site. Examples include choosing to stay logged in for longer than one session, or following specific content.
Cookie details