About the IASB
The International Accounting Standards Board (IASB) is an independent, private-sector body that develops and approves International Financial Reporting Standards (IFRSs). The IASB operates under the oversight of the IFRS Foundation. The IASB was formed in 2001 to replace the International Accounting Standards Committee (IASC). A full history of the IASB and the IASC going back to 1973 is available on the IASB website.
Currently, the IASB has 14 members.
The IASB's role
Under the IFRS Foundation Constitution, the IASB has complete responsibility for all financial reporting-related technical matters of the IFRS Foundation including:
- full discretion in developing and pursuing its technical agenda, subject to certain consultation requirements with the Trustees and the public
- the preparation and issuing of IFRSs (other than Interpretations) and exposure drafts, following the due process stipulated in the Constitution
- the approval and issuing of Interpretations developed by the IFRS Interpretations Committee.
Contact details
International Accounting Standards Board
Columbus Building
7 Westferry Circus
Canary Wharf
London E14 4HD
United Kingdom
Phone: +44 (0)20 7246 6410
Fax: +44 (0)20 7246 6411
email: info@ifrs.org
Website: www.ifrs.org
05 Apr 2024 The International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) will hold a virtual research workshop on the IASB’s exposure draft 'Business Combinations — Disclosures, Goodwill and Impairment' on 30 April 2024. 04 Apr 2024 The IFRS Foundation announces that the annual publication formerly known as the 'Red Book' is now available. 28 Mar 2024 The IFRS Foundation trustees are currently seeking nominations for two vacancies in the IASB’s Board from Asia-Oceania. The Board is comprised of 14 members containing a mix of experience in standard-setting, financial reporting, and education. 28 Mar 2024 The International Accounting Standards Board (IASB) has published an exposure draft IASB/ED/2024/2 'Addendum to the Exposure Draft 'Third edition of the 'IFRS for SMEs' Accounting Standard''. Comments are requested by 31 July 2024. 27 Mar 2024 The IASB has issued the latest issue of 'Investor Perspectives'. In this edition, IASB Board member Zach Gast discusses proposed enhancements to acquisitions reporting and the revisions in Exposure Draft (ED) ‘Business Combinations — Disclosures, Goodwill and Impairment’ that aim to equip investors with better tools for evaluating companies’ acquisitions. 27 Mar 2024 The IASB has released a podcast hosted by Executive Technical Director Nili Shah featuring IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter discussing the deliberations at the March 2024 IASB meeting. 26 Mar 2024 The IASB met in London on 18-21 March 2024. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting. 26 Mar 2024 Following the IASB and ISSB meetings this month, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meetings and other developments since the work plan was last revised in February 2024. Changes are few, but the work plan reveals that three IASB publications are to be expected later this week. 25 Mar 2024 The International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) will hold a virtual education workshop on IFRS 18 'Presentation and Disclosure in Financial Statements' on 22 April 2024. 15 Mar 2024 The IASB will meet in London on 18-21 March 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. We summarised the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations. 14 Mar 2024 The International Accounting Standards Board (IASB) has published an exposure draft IASB/ED/2024/1 'Business Combinations — Disclosures, Goodwill and Impairment (Proposed amendments to IFRS 3 and IAS 36)'. Comments are requested by 15 July 2024. 08 Mar 2024 The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 18–21 March 2024. There are 11 topics on the agenda. 06 Mar 2024 The IFRS Foundation has announced its annual IFRS Foundation conference, which is to be held on 24–25 June 2024. The conference with include discussions and speeches on both, IASB and ISSB developments. It will be held in London. 05 Mar 2024 The IFRS Foundation Monitoring Board (MB) has released a report on the meeting with the IFRS Trustees and the leadership of the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB) in Madrid, Spain. 01 Mar 2024 The IASB is seeking volunteers for fieldwork to investigate the potential impacts of proposed changes regarding the impairment of financial assets for Small and medium-sized Enterprises (SMEs). 29 Feb 2024 In anticipation of the forthcoming IFRS Accounting Standard for Subsidiaries Without Public Accountability, a series of informative webcasts have been made available. These webcasts offer key insights into the upcoming standard and aim to provide a comprehensive understanding of the standard from various perspectives and shed light on its implications for eligible companies. 29 Feb 2024 Following the IASB and ISSB meetings this month, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meetings and other developments since the work plan was last revised in January 2024. 29 Feb 2024 The IASB has released a podcast hosted by Executive Technical Director Nili Shah featuring IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter discussing the deliberations at the February 2024 IASB meeting. 27 Feb 2024 The IASB met in London on 19-22 February 2024. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting. 27 Feb 2024 The IFRS Foundation has issued a comprehensive summary that compiled evidence from national accounting standard-setters concerning the impact of guidance on materiality judgements within IFRS Accounting Standards and related materials. 21 Feb 2024 The International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) will hold a virtual research workshop on the IASB’s exposure draft 'Financial Instruments with Characteristics of Equity' on 11 March 2024. 16 Feb 2024 The IASB will meet in London on 19-22 February 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. We summarised the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations. 13 Feb 2024 The agenda for the IASB meeting next week has been changed to include Monday as an additional day for discussions. A Board work plan update slot has been added and the discussions on equity method and on power purchase agreements have been moved forward to other days. 09 Feb 2024 The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 20–22 February 2024. There are eight topics on the agenda. 08 Feb 2024 In November 2023, the IASB released the exposure draft 'Financial Instruments with Characteristics of Equity (Proposed amendments to IAS 32, IFRS 7 and IAS 1)'. It has now published a series of webcasts explaining the IASB’s proposals to address three common practice issues. All Related Related news
Research workshop on goodwill and acquisitions
2024 issued and annotated issued IFRS Accounting Standards now available
IFRS Foundation Trustees seek IASB Board members from Asia-Oceania
IASB proposes addendum to the exposure draft of the third edition of the IFRS for SMEs
IASB publishes "Investor Perspectives" article on acquisitions reporting
IASB issues podcast on latest Board developments (March 2024)
March 2024 IASB meeting notes posted
Updated IASB and ISSB work plan — Analysis (March 2024)
Education workshop on IFRS 18
Pre-meeting summaries for the March 2024 IASB meeting
IASB proposes enhanced information on acquisitions
March 2024 IASB meeting agenda posted
IFRS Foundation conference announced
MB discusses the ongoing activities of the IFRS Foundation
Call for volunteers: Fieldwork on impairment of SMEs' financial assets
IASB announces webcast series on forthcoming IFRS Accounting Standard for Subsidiaries without Public Accountability
Updated IASB and ISSB work plan — Analysis (February 2024)
IASB issues podcast on latest Board developments (February 2024)
February 2024 IASB meeting notes posted
IFRS Foundation releases summary of national standard-setters' research on materiality judgement guidance
Research workshop on FICE
Pre-meeting summaries for the February 2024 IASB meeting
IASB agenda changed
February 2024 IASB meeting agenda posted
IASB releases webcast series on the FICE ED
