IFRS Foundation Annual Report 2014

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05 May, 2015

The IFRS Foundation (IFRSF) under which the IASB operates has published its Annual Report for 2014, titled 'Financial reporting standards for the world economy'.

The report for 2014 incorporates the Foundation's newly developed mission statement as well as reports from the Chair of the IFRS Foundation Monitoring Board, the Chair of the Trustees of the IFRS Foundation, and the Chair of the International Accounting Standards Board (IASB).

The report also sets out the organisation's strategic priorities for 2015-2017, broken down into four strategic goals:

  • develop a single set of high quality, globally enforceable accounting standards,
  • pursue the goal of global adoption of IFRS,
  • support consistent application and implementation of IFRS, and
  • ensure continued independence, stability and accountability of the IFRS Foundation

Please click to download the report from the IASB's website.

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