IFRS Foundation

What IFRS Foundation does

The IFRS Foundation is a not-for-profit, public-interest organization established in 2001 that develops internationally accepted financial reporting and sustainability disclosure standards. It operates two independent standard-setting boards: the International Accounting Standards Board (IASB), which develops IFRS Accounting Standards used by companies in more than 140 jurisdictions, and the International Sustainability Standards Board (ISSB), created in 2021, which develops IFRS Sustainability Disclosure Standards (including IFRS S1 for general sustainability-related disclosures and IFRS S2 for climate-related disclosures), now adopted or under consideration in close to 40 jurisdictions. The Foundation assumed responsibility for monitoring companies' climate-related financial disclosures from the disbanded TCFD starting in 2024, consolidating global climate-disclosure oversight within ISSB standards.

Its product portfolio centers on the two core standards lines, supported by digital infrastructure including the IFRS Accounting Taxonomy and IFRS Sustainability Disclosure Taxonomy (both XBRL-based, with the ISSB Taxonomy published 30 April 2024) that enable machine-readable, comparable financial and sustainability reporting. Adjacent commercial offerings include the IFRS Digital Subscription (£295–£350/year per user, up to 25 users), IFRS for SMEs (a simplified standard for smaller entities), SASB industry standards, the FSA Credential for sustainability-finance professionals, and the ISSB Training Partner Programme (launched June 2026) that authorizes a global network of training providers. The Foundation also publishes bound volumes, official translations, and exposure drafts sold through shop.ifrs.org.

The Foundation's business model monetizes its standards-based intellectual property through four streams: recurring digital subscriptions, print publications and official translations, commercial licensing of IFRS content for integration into third-party products and services (described internally as a "significant" funding source), and professional services via the ISSB Training Partner Programme. Pricing includes differentiated discounts for World Bank-classified low-income (65%) and middle-income (30%) countries and academics (20%). Distribution runs through the IFRS Foundation web shop, the IFRS Standards Navigator self-serve platform, authorized training partners, and licensing programmes. Operations are headquartered in London (Canary Wharf) with the corporate entity incorporated in Delaware, USA, and the organization is governed by an independent Board of Trustees serving public-interest objectives.

Name

IFRS Foundation

Legal name

IFRS Foundation

Website

https://ifrs.org

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

The IFRS Foundation is a not-for-profit public-interest organization that develops globally accepted accounting (via IASB) and sustainability disclosure (via ISSB) standards required in 140+ jurisdictions, monetizing through licensing, publications, digital subscriptions, and an authorized training partner network.

Ownership category

akta.pro rank

Product category

International Financial Reporting Standards

NAICS

Newspaper, Periodical, Book, and Directory Publishers (5131)

SIC

Books: Publishing Or Publishing & Printing (2731)

akta.pro primary industry

Standards Development & Publishing (SDOs, Technical Standards) (MPAJACAB)

akta.pro secondary industries

ESG Reporting, Disclosure & Regulatory Compliance (SFDR, EU Taxonomy, TCFD/ISSB) (FSAAALAK), Financial Accounting & Reporting (GAAP/IFRS) (EDABAJAB)

Keywords

• International accounting standards
• Sustainability disclosure standards
• Financial reporting frameworks
• Digital reporting taxonomies
• Standards licensing services

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Publications and Subscriptions: Sale of IFRS Accounting Standards bound volumes, annotated versions, electronic publications (PDF, ePub), and the IFRS Digital Subscription providing 12-month online access to the IFRS Standards Navigator with latest documents and archive materials.
2. Licensing: Licensing of IFRS Standards content for commercial use, including integration into products and services. The Foundation generates significant funding through licensing content to commercial entities.
3. Official Translations: Sale of officially translated IFRS Foundation material, including Spanish translations of Annotated IFRS Standards.
4. Training Programmes: Revenue from the ISSB Training Partner Programme where authorized organizations deliver official ISSB training using IFRS Foundation-developed content. Partners deliver IFRS S1 and IFRS S2 training with co-branded certificates.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The IFRS Foundation develops and publishes globally accepted accounting and sustainability disclosure standards through two independent boards: the International Accounting Standards Board (IASB), which issues IFRS Accounting Standards, and the International Sustainability Standards Board (ISSB), which issues IFRS Sustainability Disclosure Standards. It commercializes and supports these standards through digital reporting taxonomies, the IFRS Digital Subscription, licensing of standards content for commercial use, professional training via authorized partners, the FSA Credential, and the IFRS Alliance Membership Programme.

Product overview

The IFRS Foundation operates as a not-for-profit standards organization with two distinct product lines managed by separate boards: IFRS Accounting Standards (IASB) and IFRS Sustainability Disclosure Standards (ISSB). The core accounting product consists of comprehensive IFRS Accounting Standards used in 140+ jurisdictions, supported by the IFRS for SMEs Accounting Standard for smaller entities. The sustainability portfolio includes IFRS S1 and S2 disclosure standards, SASB Standards (industry-based), and the FSA Credential for professional certification. Digital offerings include the IFRS Digital Subscription for standards access, the IFRS Accounting Taxonomy and IFRS Sustainability Disclosure Taxonomy for XBRL-based digital reporting, and the ISSB Training Partner Programme for capacity building. Physical products include bound volumes, translations, and educational materials sold through the IFRS Foundation Shop.

Differentiator

Problem solved

Functional benefit

Products and services

• IFRS Accounting Standards Globally accepted accounting standards developed by the International Accounting Standards Board (IASB), serving as the global language of financial statements and required for use by companies in more than 140 jurisdictions.
• IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2) Standards developed by the International Sustainability Standards Board (ISSB) to deliver a global baseline of sustainability-related financial disclosures for capital markets, comprising IFRS S1 (general sustainability-related financial disclosures) and IFRS S2 (climate-related disclosures). Close to 40 jurisdictions have adopted or are considering adoption.
• IFRS for SMEs Accounting Standard Simplified version of IFRS Accounting Standards designed for small and medium-sized entities, providing reduced disclosure requirements while maintaining core accounting principles.
• SASB Standards Industry-based sustainability standards maintained by the ISSB, designed for use by preparers applying IFRS Sustainability Disclosure Standards or independently, accompanied by the SASB Standards Taxonomy for tagging sustainability information by industry.
• IFRS Accounting Taxonomy Digital taxonomy in XBRL format containing elements for tagging financial statements prepared in accordance with IFRS Accounting Standards, making information machine-readable for efficient extraction, comparison, and analysis.
• IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy) Digital taxonomy enabling companies to tag sustainability-related financial information prepared in accordance with IFRS Sustainability Disclosure Standards, making disclosures computer-readable for investors to extract, compare, and analyse.
• IFRS Digital Subscription Online subscription service providing 12-month access to the IFRS Standards Navigator, containing the latest IFRS documents and a vast archive of previous publications. Priced at £350.00 for a single user and available for up to 25 users per subscription.
• FSA Credential (Foundation for Sustainability in Finance) Professional certification that demonstrates expertise in integrating sustainability considerations into financial analysis and disclosure preparation, involving two exams assessing professional expertise in materiality of sustainability information.
• ISSB Training Partner Programme Global network of authorized organizations that deliver official training on ISSB sustainability disclosure standards using IFRS Foundation-developed content covering IFRS S1 and IFRS S2, delivered in person, live online, or on demand, with co-branded certificates for participants.
• IFRS Alliance Membership Programme Membership programme within the IFRS Sustainability offerings that provides organizations with enhanced access to resources and engagement opportunities with the ISSB.
• IFRS Foundation Shop Online retail platform selling IFRS publications including bound volumes, official translations, individual standards, exposure drafts, discussion papers, and educational materials, offering digital subscriptions, PDF downloads, and printed books shipped worldwide via DHL courier.

Quantifiable outcome

• Standards required in 140+ jurisdictions for financial reporting
• +1 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• Impact Africa Consulting LimitedflagshipChannel Partner/ Reseller/ Distributor · 1 June 2026Appointed as an official training partner to the IFRS Foundation, enabling delivery of ISSB Disclosure Training using IFRS Foundation-developed content across Africa. Training helps professionals build practical capability in applying IFRS Sustainability Disclosure Standards. Participants receive co-branded certificates and may progress to the IFRS Foundation's FSA Level I Credential.
• WMSJflagshipChannel Partner/ Reseller/ Distributor · 1 June 2026Regional sustainability consultancy appointed as official Global Training Partner of the IFRS Foundation. Delivers ISSB Disclosure Training covering IFRS S1 (general sustainability-related financial disclosures) and IFRS S2 (climate-related disclosures) in person, live online, or on demand. Certification recognizes firm's track record in sustainability and capacity building.
• ISSB Training Partner NetworkflagshipChannel Partner/ Reseller/ Distributor · 1 June 2026The IFRS Foundation launched the ISSB Training Partner Programme, a global network that authorizes selected organizations to deliver official training on the International Sustainability Standards Board's sustainability disclosure standards. More than 40 jurisdictions are currently adopting or using ISSB Standards, creating strong demand for structured implementation training.
• Global Reporting Initiative (GRI)coreStrategic or Co-development Partner · 1 April 2026Expanded collaboration between IFRS Foundation and GRI to align GRI and ISSB sustainability reporting standards. Building on initial partnership launched in 2022, the joint statement identifies common disclosure areas (such as GHG emissions reporting using GHG Protocol) while highlighting complementary aspects given their distinct purposes. Focus areas include nature-related disclosures, sector-specific standards, human capital disclosures, and interoperability with TNFD.
• DRSC (German Accounting Standards Board)coreStrategic or Co-development Partner · 1 March 2026DRSC has joined the IFRS sustainability advisory forum for the 2026-28 term, as part of its involvement in global sustainability standards and initiatives.
• Task Force on Climate-related Financial Disclosures (TCFD)coreStrategic or Co-development Partner · 1 January 2022The IFRS Foundation assumed responsibility for monitoring companies' climate-related financial disclosures starting in 2024 following TCFD disbandment by the Financial Stability Board. The transition introduced new ISSB standards (IFRS S1 and S2) that expand on TCFD requirements.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/ifrsfoundation
• YouTubeyoutube.com/user/IFRSFoundation
• Facebookfacebook.com/IFRSFoundation
• LinkedInlinkedin.com/company/ifrs-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IFRS Foundation