International Financial Reporting Standards Foundation

Financial reporting.

(IFRS Foundation).

The IFRS Foundation is established as a not-for-profit organisation to develop a single set of high-quality, understandable, enforceable and globally accepted accounting standards — IFRS Standards — and to promote and facilitate their adoption.

IFRS Standards are set by the IFRS Foundation’s standard-setting body, the International Accounting Standards Board.

Bionic business models

"Europe is leading the way on ESG standard setting, but it is hoped a globally accepted set of ESG standards will be imminent.

The International Financial Reporting Standards Foundation is currently consulting on constitutional changes to set up an International Sustainability Standards Board."

The Treasurer magazine, Issue 3, September 2021, p21

See also

• Conceptual framework
• Financial Stability Board
• G20
• IAS
• IFRS
• International Accounting Standards
• International Accounting Standards Board
• International Financial Reporting Standards
• International Sustainability Standards Board
• Not-for-profit
• World Bank

Other link

The structure of the IFRS Foundation