IFRS Standards (IFRS Accounting Standards and IFRS Sustainability Disclosure Standards)

Business Profile

Core Value Proposition

[IFRS Standards] provides global accounting and sustainability disclosure standards.

Target Customer

{"Academics","Accounting profession","Investors","Media","National standard-setters","Preparers","Regulators","Students"}

Key Differentiator

Dual independent standard-setting governance (IASB for IFRS Accounting Standards and ISSB for IFRS Sustainability Disclosure Standards) within the IFRS Foundation, a not-for-profit public-interest organisation, producing globally accepted standards used in 140+ jurisdictions.

Implementation Timeline

Not specified in the content provided

Pain Points

1Fragmentation of accounting and sustainability reporting standards across jurisdictions
2Need for high-quality, understandable, enforceable and globally accepted standards
3Need for ongoing support and updates to standards (e.g., post-implementation support, consultations, and access to updated materials)

Key Features

1IFRS Accounting Standards
2IFRS Sustainability Disclosure Standards
3IFRS for SMEs
4IFRS Digital subscription
5Licensing for IFRS Standards (Accounting and Sustainability) and access to related products
6Knowledge hub and open consultations
7Post-implementation reviews and ongoing updates

Target Customer Industries

Client Results

1Global adoption and use of IFRS Standards across more than 140 jurisdictions
2Improved investor–company dialogue with decision-useful, globally comparable sustainability disclosures
3Access to up-to-date standards and supporting materials via licensing and IFRS Digital

Competitive Advantages

1Not-for-profit, public-interest organisation focused on high-quality standards
2Two independent standard-setting boards (IASB and ISSB) within the IFRS Foundation
3Globally accepted and used standards with ongoing post-implementation support
4Digital access and licensing options (IFRS Digital, licensing for Accounting and Sustainability)
5Supplementary resources (knowledge hub, consultations, and updates)

Key Benefits

1Global comparability of financial and sustainability disclosures

2Widely adopted across jurisdictions (140+ reliance) for financial reporting

3Flexible access via IFRS Digital subscription and licensing

4Ongoing support, post-implementation reviews, and updates

5Stakeholder engagement through consultations and an integrated knowledge hub

Additional Product Information

Product Description

Global accounting and sustainability disclosure standards developed by the IFRS Foundation, encompassing IFRS Accounting Standards and IFRS Sustainability Disclosure Standards.

Target Market

{"Academics","Accounting profession","Investors","Regulators","National standard-setters","Preparers","Media","Students"}

Unique Value Proposition

IFRS Standards provide globally accepted, high-quality, and enforceable accounting and sustainability disclosure frameworks developed by independent boards (IASB and ISSB) under a not-for-profit foundation, with accessible licensing, digital subscriptions, and extensive support resources to aid implementation and ongoing updates.

Technical Requirements

Internet access; IFRS Digital requires online subscription; cookies and sign-in functionality are used on ifrs.org; JavaScript may be required for certain features

Pricing Model

IFRS Digital subscriptions and licensing options are available; specific pricing details are not provided in the content

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