Update on the funding of the IFRS Foundation

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12 Apr 2011

The IFRS Foundation has posted to its website a presentation The IFRS Foundation's Financial Position: 2010 Results and 2011 Budget.

2010 resulted in an operating deficit of £1.3 million; the budget is balanced for 2011. Largest contributors for 2011 will be the European Union (£3.7 million plus £2.0 million from EU member states), the United States (£1.9 million) and Japan (£1.8 million). The joined contribution from Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers will be £5.8 million. Please go the the IFRS Foundation website for the presentation with further results and budget information (PDF 1.74mb).


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