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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.
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 Islamic Finance Consultative Group (IFCG), an advisory body to the International Accounting Standards Board (IASB), held its final meeting this week. The IASB’s engagement with Islamic finance stakeholders will continue through its outreach programmes.
The IFCG helped to develop strong relationships between the IASB and the Islamic finance community. Stakeholders involved in Islamic finance have been participating in the IASB’s standard-setting and ensuring that their perspectives are heard.
The IASB would like to thank the IFCG members for their contributions and look forward to their continued engagement in future activities.
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