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 IFRS Foundation will publish a register to provide a public record of the International Accounting Standard Board members’ engagement with stakeholders.
The decision to publish the register reflects the desire to continue demonstrating the Board’s independence and accountability and is also in line with stakeholder feedback.
The register will complement the transparency arrangements that already exist around the Board’s standard-setting and its meetings with advisory bodies and stakeholder groups. All papers prepared for these meetings are published in advance on the IFRS Foundation’s website and the Board’s monthly meetings are streamed live on the internet and recorded for viewing later.
The register will include speaking engagements and face-to-face, web-based or phone meetings of more than 30 minutes duration. Members will capture the date, location and purpose of each engagement, as well as the name of the relevant stakeholder organisation.
Board members’ engagement with external parties will be published on the Foundation’s website quarterly from December 2019.
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