# International Accounting Standards Board

> the body in IFRS Foundation which develops IFRS

**Wikidata**: [Q1142430](https://www.wikidata.org/wiki/Q1142430)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/International_Accounting_Standards_Board)  
**Source**: https://4ort.xyz/entity/international-accounting-standards-board

## Summary
The International Accounting Standards Board (IASB) is the body within the IFRS Foundation responsible for developing International Financial Reporting Standards (IFRS). Founded on April 1, 2001, it operates as an international standards organization headquartered in London. The IASB replaced the International Accounting Standards Committee to fulfill its current mandate.

## Key Facts
- **Inception:** Established on April 1, 2001.
- **Location:** Headquarters are located in London (latitude 51.50661223364906, longitude -0.025813588176945436).
- **Classification:** Instance of an international organization and a standards organization.
- **Parent Organization:** Part of the IFRS Foundation.
- **Predecessor:** Replaces the International Accounting Standards Committee.
- **Primary Function:** Develops IFRS (International Financial Reporting Standards).
- **Website:** Official website is http://www.iasb.org (English language).
- **LinkedIn:** Official LinkedIn identifier is "iasb".
- **Wikipedia Presence:** Available in 22 languages including English, German, French, Chinese, Russian, and Japanese.
- **Identifiers:**
    - ISNI: 0000000109437020
    - GND ID: 3050910-5
    - VIAF ID: 141219259
    - Library of Congress Authority ID: nr2001020454
    - BNF ID: 12360130d
    - Freebase ID: /m/027nffl
    - KISTI ID: K000236348
    - Kanto ID: 000019912

## FAQs
**What is the role of the International Accounting Standards Board?**
The IASB serves as the independent body within the IFRS Foundation tasked with developing International Financial Reporting Standards. It functions as an international standards organization to establish global accounting protocols.

**When was the International Accounting Standards Board founded?**
The IASB was founded on April 1, 2001. It succeeded the International Accounting Standards Committee as the primary body for setting international accounting standards.

**Where is the International Accounting Standards Board located?**
The organization is headquartered in London. Its specific location data places it at latitude 51.50661223364906 and longitude -0.025813588176945436.

**What organization does the IASB belong to?**
The IASB is a part of the IFRS Foundation. It operates under this foundation to carry out its standard-setting duties.

## Why It Matters
The International Accounting Standards Board plays a critical role in the global financial ecosystem as the developer of International Financial Reporting Standards (IFRS). As an international standards organization, it provides a centralized framework for accounting practices, ensuring consistency and comparability across international borders. By succeeding the International Accounting Standards Committee in 2001, the IASB modernized the governance of global accounting standards, moving the authority to a dedicated body within the IFRS Foundation based in London. Its work influences financial reporting transparency and trust for stakeholders worldwide.

## Notable For
- Serving as the primary developer of International Financial Reporting Standards (IFRS).
- Replacing the International Accounting Standards Committee upon its inception in 2001.
- Operating as an independent international organization classified specifically as a standards organization.
- Maintaining a global presence with Wikipedia entries in 22 different languages.
- Being referenced in major international authority files including the Library of Congress, VIAF, and ISNI.

## Body

### Organizational Structure and Function
The International Accounting Standards Board (IASB) is the specific body within the IFRS Foundation dedicated to the development of IFRS. It is classified as both an international organization and a standards organization. The board operates as the successor to the International Accounting Standards Committee, taking over the responsibility for standard-setting when it was established on April 1, 2001.

### Location and Contact
The IASB is headquartered in London. Geographically, its headquarters are pinpointed at latitude 51.50661223364906 and longitude -0.025813588176945436. The organization maintains an official website at http://www.iasb.org, which is provided in English. Additionally, it maintains a professional presence on LinkedIn with the identifier "iasb".

### Global Identifiers and Authority Control
The IASB is extensively cataloged across global library and academic databases. Its identifiers include:
*   **ISNI (International Standard Name Identifier):** 0000000109437020.
*   **VIAF (Virtual International Authority File):** 141219259.
*   **GND (German National Library):** 3050910-5.
*   **Library of Congress:** nr2001020454.
*   **Bibliothèque nationale de France:** 12360130d.
*   **National Library of Israel:** 987007604149205171.
*   **UK Parliament Thesaurus:** ID 37358.
*   **Encyclopædia Britannica Online:** topic/International-Accounting-Standards-Board.
*   **BBC Things ID:** aa2d2797-22f1-4763-a70a-8ae72db18eaa.

Additional academic and catalog references include a KISTI ID (K000236348), Kanto ID (000019912), IDREF ID (077325117), and a Yale LUX ID (group/b62dfe4e-fc93-4850-a2ea-38bb1f7aff2c). It also holds a UIA Open Yearbook Organization Website ID of 1100063443 and a Share Catalogue Author ID of 117238.

### Digital Presence and Aliases
The entity is known by several aliases internationally, including "IASB," "国际会计准则理事会" (Chinese), and "Совет по Международным стандартам финансовой отчетности" (Russian). Its Wikipedia presence spans 22 languages, including Arabic, German, English, Spanish, French, Hebrew, Italian, Japanese, Korean, Dutch, Portuguese, Russian, Swedish, and Vietnamese, among others. The organization has a sitelink count of 22 and a Freebase ID of /m/027nffl.

## References

1. Virtual International Authority File
2. Freebase Data Dumps. 2013
3. BBC Things
4. [International Accounting Standards Board: Overview | LinkedIn](https://www.linkedin.com/company/iasb/)