IASC Foundation Education
13 November 2006
Following the success of the Frankfurt convergence conference (April 2006), we are please to announce the dates and venues of two IASC Foundation IFRS conferences for 2007:
(i) Europe - 23-24 May 2007 at the Swissôtel Zürich in Switzerland
(ii) Asia - 29-30 August 2007 at the Grand Hyatt in Singapore.
The conferences will bring together leaders in financial reporting from the private sector, and analysts, regulators and representatives of the International Accounting Standards Board (IASB), as well as accounting professionals and others with an interest in IFRSs.
Furthermore, to provide a comprehensive service for smaller groups with a special interest in aspects of financial reporting that may not be of interest to others the IASC Foundation will hold intensive half‑day special interest workshops immediately before the conferences. The special interest workshops will be held on the mornings of:
(i) Europe - 23 May 2007 at the Swissôtel Zürich in Switzerland
(ii) Asia - 29 August 2007 at the Grand Hyatt in Singapore.
Separate workshops will be held on:
- IFRSs teaching and research.
Details of these events will follow shortly.
26 October 2006
We are pleased to announce that we have now added "International Financial Reporting Standards (IFRSs) Briefing für Vorstände, Geschäftsführer, Prüfungsausschüsse, Aufsichtsorgane und leitende Manager", a German translation of the original English publication "International Financial Reporting Standards: A Briefing for Chief Executives, Audit Committees and Boards of Directors", to the secure subscriber eIFRS online services area, where it is now available for you to view at: eifrs.iasb.org/eifrs/PDFArchive?id=26
These concise and easy to use briefing notes, updated to November 2005, have been prepared for those who require a high-level summary of each standard in non-technical language, together with possible business implications. Printed copies of the German text may also be purchased from our website.
Also now available to view electronically, in the eIFRS beta site is: An updated July 2006 publication in English of the "International Financial Reporting Standards: Briefing for Chief Executives, Audit Committees and Boards of Directors". Click here to take you to the link: eifrs.iasb.org/eifrs/PDFArchive?id=25
14 July 2006
The International Accounting Standards Committee (IASC) Foundation today registered as a trade mark the IASC Foundation Education logo.
The logo has been developed to make it easier for the general public to distinguish the education materials produced by the IASC Foundation from the official pronouncements of the International Accounting Standards Board (IASB). Using the new logo will therefore meet the concern expressed in some quarters that IASC Foundation education materials could, in error, be mistaken for an official IASB-endorsed interpretation of International Financial Reporting Standards (IFRSs). Adopting the logo will enable the IASC Foundation to expand its education activities which, through developing increased understanding of IFRSs worldwide, aim to aid their adoption and consistent application.
The IASC Foundation Education brand will be launched on 30 September 2006 with the publication of a raft of electronic and hardcopy IFRS education materials and the announcement of the IASC Foundation’s worldwide IFRS conferences for 2007. IASC Foundation education materials are developed in the English language and are systematically being translated into other languages to improve access to high‑quality IFRS education materials worldwide.
For press enquiries:
Michael Wells, Manager—Education Projects, IASC Foundation,
telephone: +44 (0)20 7246 6438, email: mwells@iasb.org
Note to Editors
The International Accounting Standards Committee (IASC) Foundation, based in London, is the oversight body of the International Accounting Standards Board (IASB). The governance of the organisation rests with 22 Trustees. The IASC Foundation is funded by contributions from the major accounting firms, private financial institutions and industrial companies throughout the world, central and development banks, and other international and professional organisations.
The IASC Foundation, through the IASB, is committed to developing, in the public interest, a single set of high quality, global accounting standards that require transparent and comparable information in general purpose financial statement. In accordance with the Section 15(j) of the IASC Foundation’s Constitution the Trustees ‘foster and review the development of educational programmes and materials that are consistent with the IASC Foundation’s objectives’.
Official interpretations of IFRSs are developed exclusively by the International Financial Reporting Interpretations Committee (IFRIC) and issued by the IASB. In accordance with the IASC Foundation’s Constitution, and as more fully detailed in the IASB due process handbook (and the draft handbook for the IFRIC), the development and issue of IASB pronouncements is subject to extensive due process. This due process is appropriate because IFRSs establish financial reporting requirements, compliance with which is explicitly required or permitted for entities listed on security exchanges in some 100 countries. IASC Foundation education materials are not pronouncements of the IASB. As education materials do not create financial reporting requirements their development and publication is not subject to the same due process as IASB pronouncements. IASC Foundation education materials are subject to rigorous peer review.