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Private company

IFRS Foundation

Nonprofit accounting organisation

The International Financial Reporting Standards Foundation or IFRS Foundation (sometimes IFRSF) is a nonprofit organization that sets corporate reporting standards for the capital markets globally founded on the belief that better information from companies leads to better investment decisions.2 Its revenue was €81.7 million in 2025.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2001Founded1
  • HeadquartersLondon, United Kingdom1
  • Websitewww.ifrs.org
  • Legal formDelaware corporation1
  • Kind of organizationNonprofit organization1
  • LEI549300P491LJ4OMPPW173
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States3
  • Registered withDivision of Corporations, Department of State, 33531133

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The International Financial Reporting Standards Foundation or IFRS Foundation (sometimes IFRSF) is a nonprofit organization that sets corporate reporting standards for the capital markets globally founded on the belief that better information from companies leads to better investment decisions. Its main objectives include the development and promotion in the public interest a single set of high quality, understandable, enforceable and globally accepted International Financial Reporting Standards (IFRS Standards), through the International Accounting Standards Board (IASB) for accounting standards and the International Sustainability Standards Board (ISSB) for sustainability-related disclosure standards.2

Corporate structure

IFRS Foundation sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • IFRS Foundation London, Delaware, United Kingdom
    • International Sustainability Standards Board Subsidiary

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

In 2001, the International Accounting Standards Committee (IASC, established 1973) reformed itself under a new dual structure consisting mainly of an independent standard-setting body, the International Accounting Standards Board, and a foundation that appoints and funds the IASB, initially named the IASC Foundation. The IASB assumed accounting standard-setting responsibilities from the IASC on 1 March 2001. The IASC Foundation changed its name to IFRS Foundation on 1 July 2010.

During the first twenty years of activity, the IASB was the organization's dominant standard-setting body. In 2021, the foundation created a second standard-setting board, the International Sustainability Standards Board.

From Wikipedia’s article on IFRS Foundation, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

  • International Sustainability Standards Board

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

IFRS Foundation revenue by year181.7M EUR in 2025+167% since 2019
025.0M EUR50.0M EUR75.0M EUR100.0M EUR2019: 30.6M EUR30.6M EUR20192025: 81.7M EUR81.7M EUR2025+167%
  • 202581.7M EUR1
  • 201930.6M EUR1

Timeline

  1. 2001Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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