IFRS Publishes 2017 Annual Report

Posted on May 18, 2018 by Editor

2017 was a good year for Financial Reporting. Alongside the first truly international accounting standard for insurance contracts (IFRS 17), the foundation has also made substantial progress in improving communication in financial reports, with more regulators requiring the use of the IFRS taxonomy.

Now, 144 different jurisdictions and 15 out of the 20 G20 economies require the use of IFRS standards. This includes over 27,000 domestic listed companies and 88 major stock exchanges using their standards for all things financial.

To read more about the accomplishments and future ambitions, you can read their annual report here. You can also review their audited financial statements in iXBRL.

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