IFRS Foundation

The International Financial Reporting Standards Foundation or IFRS Foundation (sometimes IFRSF) is a nonprofit organization that oversees financial reporting standard-setting. Its main objectives include the development and promotion of the International Financial Reporting Standards (IFRS), through the International Accounting Standards Board (IASB) for accounting standards and the International Sustainability Standards Board (ISSB) for sustainability-related standards.

IFRS Foundation
PurposeDevelopment and promotion of accounting standards
HeadquartersColumbus House 7 Westferry Circus, Canary Wharf, London, E14 4HD  UK
Chair of the Trustees
Erkki Liikanen
Executive Director
Lee White
Websitewww.ifrs.org
Formerly called
IASC Foundation
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The IFRS Foundation states that its mission is to develop IFRS Standards that bring transparency, accountability and efficiency to financial markets around the world, and that their work serves the public interest by fostering trust, growth and long-term financial stability in the global economy.

The foundation is governed by a group of 22 trustees, themselves under the oversight of a "Monitoring Board" of public authorities.

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