Analysis of IFRS application by listed companies around the world

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25 Jul, 2016

The IFRS Foundation has released an analysis of the number of listed companies using IFRSs around the world.

The analysis combines information about the numbers of listed companies published on the websites of the two major global associations of securities exchanges: World Federation of Exchanges (WFE) and Federation of European and Asian Stock Exchanges (FEAS) with the information on the use of IFRSs around the world.

The analysis concludes that of the approximately 48,000 domestic listed companies on the 85 major securities exchanges in the world more than 25,000 use IFRSs. Not surprisingly, of those domestic listed companies that do not use IFRSs, over 80 per cent are listed in China, India, Japan, and the United States.

Please click to access the full analysis on the IASB website.

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