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Our Standards are developed by our two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB).
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 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.
IASB Member Zach Gast explains the Request for Information Post-implementation Review of IFRS 9─Impairment, which is currently out for consultation.
The International Accounting Standards Board (IASB) published a Request for Information in May 2023 as part of the post-implementation review of the impairment requirements of IFRS 9 Financial Instruments.
A post-implementation review is an opportunity for the IASB to assess whether the effects of applying the new requirements on users of financial statements, preparers, auditors and regulators are working as intended when the IASB developed those new requirements.
The deadline for comments is 27 September 2023.
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