IFRS adoption and use around the world
As the work of the IASC Foundation has gained growing acceptance and its standards have been adopted by increasing numbers of national jurisdictions, there has been a commensurate interest in its activities.
More than 100 countries now require or permit the use of IFRSs or are converging with the International Accounting Standards Board's (IASB) standards.
The picture below shows the level of IFRS adoption at present. Blue areas indicate countries that require or permit IFRSs. Grey areas are countries seeking convergence with the International Accounting Standards Board (IASB) or pursuing adoption of IFRSs.
