November 2024 Integrated Reporting and Connectivity Council agenda and meeting papers now available: https://lnkd.in/gWZsHd58
IFRS Foundation
Accounting
London, England 81,127 followers
The IFRS Foundation is a not-for-profit public interest organisation with two standard-setting bodies—the IASB and ISSB.
About us
This is the official page for the IFRS Foundation. We will provide updates on IFRS Foundation issues including governance, due process, jurisdiction profiles and organisational bodies as well as major IFRS Standard announcements. The IFRS Foundation is an independent, public interest organisation responsible for the governance and oversight of the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB). In turn, the IASB and the ISSB are independent standard-setters responsible for the development and promulgation of IFRS Standards. These Standards result in corporate information that informs investment decisions and contributes towards efficient and resilient capital markets.
- Website
-
http://www.ifrs.org
External link for IFRS Foundation
- Industry
- Accounting
- Company size
- 201-500 employees
- Headquarters
- London, England
- Type
- Nonprofit
- Founded
- 2001
- Specialties
- International Financial Reporting Standards, Accounting Standards, Financial Reporting, XBRL, Education, and Sustainability Standards
Locations
-
Primary
7 Westferry Circus
London, England, GB
Employees at IFRS Foundation
-
Bertrand Perrin
-
Diana ben-Aaron
-
Douglas Chow
Founder at PortageBay | Sustainability x AI Expert | Former Global Head of AI at BlackRock | Advisory Board of IFRS | Builder of Elite Teams
-
Bret Blount
Director of Marketing at IFRS Foundation. Ex ventureLab, Sift, PlayStation, SEGA, Nautilus/Bowflex
Updates
-
Meet the #IASB and #ISSB at Meet the Experts on Monday 11 November! 💬 IASB Chair Andreas Barckow will give a keynote speech, which will be followed by an ISSB Update from ISSB Vice-Chair Sue Lloyd. Sue will also be joining a Q&A panel to explore the connectivity between financial and sustainability reporting 📝 . 🗨️ Andreas will be joined by Bruce Mackenzie, IFRS Interpretations Committee Chair and IASB member, to discuss the latest developments in standard-setting. 🏛️ Bruce will also join a breakout session on Financial Institutions to provide insights into #IFRS18, IFRS 17 and targeted improvements to IFRS 9 and IFRS 7. 🏭 IASB member Hagit Keren will take part in a breakout session exploring the impacts of IFRS 18, #IFRS19 and other IFRS Accounting Standards on non-financial institutions. 🌎 In the afternoon, ISSB member Richard Barker will join a panel on “ESG reporting and Preparing your Sustainability Report”, which will explore strategic approaches to robust ESG reporting, identifying the interoperability of forthcoming regulations and more. 💭 You will have the opportunity to ask Richard and Bruce your questions during a Q&A at the end of the day. Register today for 50% off! https://lnkd.in/er3wVm2z 🤝 At the conference, make sure to visit our IFRS Accounting stand to connect with our content services experts and trial the Standards Navigator. You will receive an exclusive 15% discount on all accounting products and services, and a gift with any purchase made at the conference. 🤝 Also visit our IFRS Sustainability stand to find out more about the IFRS Sustainability Alliance membership, the FSA Credential and licensing programmes we offer.
-
The meeting summary for the September 2024 #IFRS Taxonomy Consultative Group meeting is now available. The group held productive discussions on several important areas of digital financial reporting, including: 👉 Policies for modelling the IFRS digital taxonomies; 👉 Updating the IFRS Accounting Taxonomy for IFRS 18; 👉 Updating the IFRS Taxonomy Preparers’ Guide; 👉 Maintaining the IFRS Taxonomy Formula Linkbase; and 👉 Forthcoming updates to the IFRS Accounting Taxonomy and SASB Standards Taxonomy. You can read the meeting summary and watch recordings from the meeting here: https://lnkd.in/etU5uwZU #digitalreporting #IFRSaccounting #IFRSsustainability
-
Read our October 2024 National Standards-setters Newsletter, covering: 📝 Debrief on 2024 World Standard-setters Conference in London; 📝 International Accounting Standards Board (IASB) recent highlights; 📝 International Sustainability Standards Board (ISSB) recent highlights; and more! https://lnkd.in/dGFp3h2w
-
Last week, the Trustees of the #IFRS Foundation met in Montreal, Canada. The Trustees are responsible for the strategy and governance of the IFRS Foundation. An important part of their role is also to oversee our standard-setting boards, #IASB and #ISSB. You can read the papers and listen back to the discussion of the Trustees’ Due Process Oversight Committee: https://lnkd.in/emcbTSWD Thank you to the many stakeholders we had the opportunity to engage with while in Montreal. Trustee Chair Erkki Liikanen spoke alongside Maarika Paul, FCPA, FCA, CBV, ICD.D of Caisse de dépôt et placement du Québec (CDPQ) about the Foundation’s role and progress in the development of sustainability-related disclosure standards at an event on fostering a sustainable global financial system, organised by the Montreal Council on Foreign Relations (CORIM). The panel was chaired by EY's Anne-Marie Hubert, C.M., FCPA, FCA, LLD. Some of our Trustees met with leaders of the Financial Accounting Foundation (FAF) to share best practice in governance and oversight of our respective standard-setting boards. And members of the Trustees’ strategic insights group – IFRS Foundation Group of Fellows, chaired by former Trustee Lucrezia Reichlin – and the ISSB had discussions with Montreal universities. It was a pleasure to meet representatives of the Government of Quebec and members of the Canadian Coalition of Champions. 📸 #1 - Chair of Trustees Erkki Liikanen and Vice-Chairs Teresa Ko and Maria Theofilaktidis during the meeting of the Trustees 📸 #2 - IFRS Foundation Trustee Chair Erkki Liikanen with Maarika Paul from CDPQ and Anne-Marie Hubert from EY at the event organised by Montreal Council on Foreign Relations 📸 #3 -Trustees of the Financial Accounting Foundation and the IFRS Foundation
-
More than 130 delegates from 70 countries and jurisdictions joined the IFRS Foundation at its 24th World Standard-setters Conference on 23 - 24 September 2024. National standard-setters attended in London and online to hear from a range of speakers who specialise in accounting and sustainability reporting. 📝 Read our debrief from this year's conference via link in comments. #WSS2024
-
In conjunction with the #IFRS Foundation Trustees meeting in Montreal, Canada, next week, Chair of the Trustees Erkki Liikanen will participate in a conversation with Caisse de dépôt et placement du Québec (CDPQ) Executive Vice-President and Chief Financial and Operations Officer Maarika Paul, FCPA, FCA, CBV, ICD.D on 8 October at Montreal Council on Foreign Relations. 👇 Find out more and register here: https://lnkd.in/gk9DEWyE #IFRSTrustees #ISSB Montreal Council on Foreign Relations (CORIM)
-
#ISSB Chair Emmanuel Faber has been recognised by the Oxford Sustainable Finance Group for his outstanding contribution to the furtherance of sustainable finance. Award winners were announced at the World Forum on Enterprise & the Environment 2024, University of Oxford's flagship event on enterprise and the environment. Commenting on the award, Emmanuel said: “I am grateful to the University of Oxford’s Sustainable Finance Group for recognising how sustainability is at the core of a well-functioning economy. My experience with the incredible people at Danone showed how much leadership is a collective dynamic. I am honoured to accept this award on behalf of the many brilliant colleagues at the IFRS Foundation, our partners and the broader ecosystem – who are working to bring transparency on value chains and time horizons that are critical for urgently-needed more resilient economics. “Since the ISSB was created at COP26, jurisdictions accounting for around 55% of global gross domestic product have started to introduce ISSB Standards in their regulatory frameworks. More are coming. They will future-proof capital markets and the economy they support.” 👉 Find out more: https://lnkd.in/e84a78kY
The University of Oxford has announced the winners of the Insight Investment – University of Oxford Prize for Greening Finance, the preeminent prize for this important area of research and practice: https://lnkd.in/e84a78kY. 🟢 The 2024 winner for Outstanding Service is Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), and formerly the Chair and Chief Executive Officer of Danone. The Outstanding Service category recognises individuals or not-for-profit organisations who have provided outstanding support for the furtherance of #sustainablefinance. 🟢 The 2024 winner for Outstanding Research is Professor Rob Bauer, Professor of Finance (Chair of Institutional Investors) at Maastricht University and holder of the Elverding Chair on Sustainable Business, Culture and Corporate Regulation. The Outstanding Research category recognises research that helps society better understand how environmental change influences #finance and #investment, and how economic and financial systems can contribute to achieving global environmental #sustainability. The annual Greening Finance Prize was established through a generous endowment provided by Insight Investment, a £663bn global asset and risk manager. The winners were announced at the World Forum on Enterprise & the Environment 2024, Oxford University’s flagship event on enterprise and the environment. Abdallah Nauphal, Chief Executive Officer of Insight Investment, said: “While sustainability practices have evolved to become a significant consideration in long-term investment decision making, research linking finance and sustainability topics is still in its infancy. To better understand how decisions made by the investment industry are likely to influence the financial and environmental outcomes of tomorrow, investors need research incorporating rigorous financial analysis. The research prize recognises quality academic work but also highlights the urgent need for closer collaboration between investors and academics to provide evidence that can increase the resilience of the financial system.” Dr Ben Caldecott, Chair of the Prize Panel and the founding Director of the Oxford Sustainable Finance Group at the University of Oxford, said: “The winners have not only advanced our understanding of how environmental challenges intersect with finance but also offered practical solutions that will shape more resilient and sustainable financial systems. At a time when the world faces unprecedented environmental and economic challenges, recognising and supporting such ground-breaking research and leadership is critical. I am deeply inspired by the contributions of all the recipients and excited to see how their work will influence the future of finance.” Smith School of Enterprise and the Environment - University of Oxford #GreeningFinancePrize IFRS Foundation
Insight Investment - University of Oxford Prize for Greening Finance: 2024 Winners Announced
https://sustainablefinance.ox.ac.uk
-
We are looking for an Assistant Legal Counsel (12 month FTC). Find out more and apply here: https://lnkd.in/eX3SGipR
-
The IFRS Foundation Trustees have created a strategic insights group that will help to enhance the Trustees’ understanding of IFRS Standards’ impact on the global economy and other strategic matters relevant to the future of the IFRS Foundation. Members of the group are: - Professor Lucrezia Reichlin (Chair), London Business School and former IFRS Foundation Trustee; - Professor Patrick Bolton, Imperial College London; - Dr Ma Jun, President of the Institute of Finance and Sustainability (IFS) in Beijing; - Professor Christian Leuz, The University of Chicago Booth School of Business; and - Luiz Awazu Pereira da Silva, former Deputy General Manager of the Bank for International Settlements – BIS and former Deputy Governor of the Central Bank of Brazil Find out more about the group and the work of the IFRS Foundation Trustees via the link in comments.