International Forum of Accounting Standard Setters (IFASS) (formerly known as National Standard-setters)

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The IFASS is a grouping of national accounting standard-setters from around the world, including other organisations that have a close involvement in financial reporting issues.  The group is chaired by Ms. Liesel Knorr.

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IFASS supports the mission of the International Accounting Standards Board (‘IASB’) to develop a single set of high quality, understandable and enforceable global accounting standards that require high quality, transparent and comparable information.

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IFASS offers a platform for standard setters around the world to discuss current issues and latest developments in the IFRSs. The IASB participates in these meetings on equal footing with all other national standard setters. In addition, the IASB uses IFASS to conduct outreach to gather information and views on the practical relevance, prevalence, and current practice of potential agenda item requests.

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The first IFASS meeting in 2017 will be held in Taipei. Please use links below to get more information about this meeting.