International Financial Reporting Standards Foundation (IFRS Foundation)

The IFRS Foundation is an organization that develops and maintains global standards for how companies prepare and present their financial reports, known as International Financial Reporting Standards (IFRS). These standards ensure consistency, transparency, and comparability of financial information across different countries and industries. By establishing common rules, the IFRS Foundation helps investors, regulators, and other stakeholders make informed decisions about companies' financial health, fostering trust and efficiency in international capital markets.