IASB Chair discusses the role of financial reporting in uncertain times

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Jun 26, 2023

On June 26, 2023, at the IFRS Foundation Conference, Andreas Barckow, Chair of the International Accounting Standards Board (IASB) explained how the IASB is working help to stakeholders address the uncertainties they are experiencing.

Mr Barckow noted that the IFRS Foundation is fully aware of the current backdrop to companies’ operations and the uncertainties that seem to increase everywhere. And he stated that when conditions change, the need for information you can rely on increases. Useful and trustworthy information enables informed decisions. He gave examples how the IASB is trying to serve the public interest by helping companies and investors by provide or receive better information for better decisions.

Re­view the speech on the IFRS website.

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