International Accounting Standards Board (IASB)

IASC Foundation (IASCF)

Our goal

To provide the world’s integrating capital markets  with a common language for financial reporting.

How IASB does this?

• An independent standard-setting board, overseen by a geographically and professionally diverse body of trustees, publicly accountable to a Monitoring Board of capital market authorities;
• A thorough, open and transparent due process;
• Engagement with investors, regulators, business leaders and the global accountancy profession at every stage of the process;
• Collaborative efforts with the worldwide standard-setting community;

Who is IASB?

An independent standard-setting board (IASB), appointed and overseen by a geographically and professionally diverse group of Trustees (IASC Foundation) who are accountable to capital market authorities (Monitoring Board) and to the public interest.

Supported by an external standards advisory council (SAC) and an interpretations committee (IFrIC) to offer guidance where divergence in practice occurs.