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).
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.
IFRS Sustainability Disclosure Standards are developed by the International Sustainability Standards Board (ISSB). The ISSB is an independent standard-setting body within the IFRS Foundation.
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.
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The Q2 2024 episode of the ISSB Implementation Insights podcast is now available.
ISSB Vice-Chair Sue Lloyd and ISSB Member Veronika Pountcheva join host and IFRS S1 and IFRS S2 Implementation Lead Dianora Aria De Marco to discuss the key points from the June Transition Implementation Group on IFRS S1 and IFRS S2 (TIG) meeting.
In this episode, they cover questions from the June TIG meeting, including those related to the requirement for companies to revise estimates in sustainability-related disclosures when new information becomes available.
Sue, Veronika and Dianora also discuss an implementation question on comparative information when there is a change in a company’s composition.
The meeting summary from the June 2024 meeting is available on the meeting page.
You can find all our podcasts on our podcast page. They are also available on Spotify, iTunes and our YouTube channel.
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