Industry WIKI

The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation.

International Financial Reporting Standards (IFRS) are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing a company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relev