International Accounting Standards Board (IASB)

The International Accounting Standards Board (IASB) is a globally recognized independent standard-setting body, based in London, dedicated to developing high-quality financial reporting standards – known as IFRS Accounting Standards – for use by companies worldwide. We operate within the IFRS Foundation, collaborating with the International Sustainability Standards Board (ISSB) to ensure consistent and reliable financial disclosures. Our work supports businesses in over 140 jurisdictions, providing a common language for financial reporting and fostering greater transparency and comparability. We achieve this through rigorous research, extensive consultation with stakeholders, and a commitment to continuous improvement, ultimately contributing to a more stable and efficient global financial system. With a team of dedicated professionals and a robust governance structure, the IASB remains at the forefront of accounting innovation, shaping the future of financial reporting and supporting informed investment decisions.