Trustees launch review of aspects of the IFRS Foundation Constitution
Jul 07, 2015
On July 7, 2015, the Trustees of the IFRS Foundation published a Request for Views document with proposals for further enhancing the structure and effectiveness of the organization.
The IFRS Foundation Constitution requires the IFRS Foundation Trustees to undertake a review of the entire structure of the IFRS Foundation and its effectiveness every five years. As announced last year, the Trustees are convinced that the last strategy review (2010-2012) already covered many issues that would be part of a Constitution review. Therefore, the Trustees have limited this review to three strategic areas:
- Relevance of IFRS
- Consistent application of IFRS
- Governance and financing of the IFRS Foundation
Comments on the Request for Views document are requested by November 30, 2015. Please click for the following information on the IASB's Web site: