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Featured News

IFRS: The accounting framework that sets the rules for most non-US companies' financial reporting

November 12, 2021 - Developed by the International Accounting Settings Board (IASB), the intent of IFRS is to create a single set of standards that are understandable, enforceable, and high quality.

The Biggest Change In Corporate Reporting Since The 1930s: How To Read IFRS Prototype Sustainability And Climate Standards

November 4, 2021 - The IFRS Foundation published prototype international climate sustainability reporting requirements.

AICPA welcomes new International Sustainability Standards Board

November 3, 2021 - The the new International Sustainability Board (ISSB) is a means for developing consistent, reliable, and comprehensive global sustainability standards to create purposeful, resilient organisations and a more sustainable future.

International Sustainability Standards Board launched

November 3, 2021 - The International Sustainability Standards Board (ISSB) has been launched by the IFRS Foundation to develop a comprehensive global baseline of sustainability disclosure standards.

Getting to grips with IFRS 16? No time to waste

January 16, 2020 - Any company with a portfolio of leased assets will be working through the full implications of the new standard, IFRS 16 Leases, applicable for the first time in 2019.

IFRS news archive

January 13, 2020 - Need-to-know information on international standards in the accounting and regulatory space.

How Internal Audit plays a vital role in IFRS 17 implementation

January 10, 2020 - Due to the complexity of IFRS 17, it is important that Internal Audit has a "seat at the table" throughout implementation programs.

Will IFRS 17 help you transform to thrive, or simply survive?

January 6, 2020 - IFRS 17 implementation: finding transformative opportunities amid the compliance challenge.

IFRS Videos
Importance of Global Standards
Robert L. Shanks, Vice President and Controller of Ford Motor Company, speaks about the importance to Ford of a single set of high quality, understandable, enforceable and globally accepted financial reporting standards.

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Who Issues IFRS?

International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB), that is becoming the global standard for the preparation of public company financial statements.The IASB is an independent accounting standards body, based in London, that is unaffiliated with the AICPA, AICPA Store or this website.