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Please find below a brief summary of news and events from the IFRS® Foundation over the past month:

Michel Madelain appointed as IFRS Foundation Managing Director

The Trustees of the IFRS Foundation have announced the appointment of Michel Madelain as Managing Director of the IFRS Foundation for a two-year term beginning 9 September 2024.

IFC and IFRS Foundation announce partnership to improve sustainability reporting in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a Memorandum of Understanding agreeing their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies.

2024 IFRS Foundation Conference

The IFRS Foundation’s annual conference took place on 24−25 June 2024. Recordings of the IASB and ISSB Chairs’ keynote speeches are available to watch on demand. Andreas Barckow’s keynote—Complexity in focus—has also been transcribed.

IFRS Foundation Trustees appoint three new IFRS Interpretations Committee members

The Trustees of the IFRS Foundation announced the appointments of Mark Mahar, Natsumu Tsujino and Leon Yongbum Kim to the IFRS Interpretations Committee (Committee). Mr Mahar, Ms Tsujino and Mr Yongbum Kim succeed Guy Jones, Goro Kumagai and Jon Nelson respectively. The new Committee members will start their three-year terms on 1 July 2024.

Watch this short video on how the Committee works.

Erkki Liikanen delivers opening remarks at Trustees’ stakeholder dinner in Singapore

The Trustees of the IFRS Foundation met in Singapore on 4 June 2024. Chair Erkki Liikanen delivered a speech at the stakeholder dinner organised in conjunction with the meeting.

Papers for the public Due Process Oversight Committee meeting on 4-6 June also are available.

ISSB delivers further harmonisation of the sustainability disclosure landscape as it embarks on new work plan

This announcement covers strategic partnership developments, the publication of the ISSB’s Feedback Statement Consultation on Agenda Priorities and key engagements at the IFRS Foundation Conference and London Climate Action Week.

IASB unanimously agrees to finalise revision of the Management Commentary Practice Statement

At its meeting on 19 June, the IASB unanimously decided to move forward with finalising the revision of IFRS Practice Statement 1 Management Commentary by making targeted refinements to its proposals set out in the Exposure Draft Management Commentary.

IASB issues call for papers for the 2025 IASB Research Forum

The IASB has issued a call for papers for the 2025 IASB Research Forum. View the topics and read the call for papers. The deadline for submissions is 31 March 2025.

June 2024 IFRS for SMEs Accounting Standard Update

Read the latest edition of the IFRS for SMEs Accounting Standard Update, a summary of news, events and other information about the IFRS for SMEs® Accounting Standard and related activities.

IASB, ISSB and IFRS Interpretations Committee Updates and podcasts

Other meeting papers and recordings

June meeting papers and recordings

July meeting papers

Recent vacancies

Visit our Careers page to view all open positions.

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