Resources for national standard-setters

Why we work with national standard-setters 

National standard-setters and regional bodies (NSS) are important partners in our work to achieve the G20-endorsed objective of global accounting standards. The relationship brings benefits to both parties:

The IASB benefits from working with NSS through their:

  • knowledge of local financial reporting and legal requirements;
  • relationships with key stakeholders;
  • experience in standard-setting and technical accounting capabilities; and
  • role in the endorsement of new Standards.

NSS benefit by:

  • influencing the development of global accounting standards;
  • representing their stakeholders to the IASB and in the international debate;
  • sharing information and ideas with other NSS.

How we work with national standard-setters 

We encourage NSS involvement in the following programmes:

Technical collaboration

We encourage NSS to collaborate in our research programme and our standard-setting activities. Specifically we encourage NSS to respond to due process documents by providing comment letters, and to undertake outreach to better understand the effects of proposed new Standards in their jurisdictions.

Supporting consistent application

NSS are well placed to support consistent application by organising local events (such as conferences, workshops and meetings with stakeholder groups) that we can support. 

Maintain effective relationships and communication with NSS and regional bodies

There are various national and regional forums that NSS can get involved in, some of which are organised by us and others organised independently.

NSS forums include:

  • Accounting Standards Advisory Forum (ASAF)

ASAF is a consultative body to the Board, providing a forum for in-depth technical discussions. Members of ASAF serve for a three-year period. ASAF meets in London with representatives of the Board, four times a year for two days. Find out more about ASAF here.

  • World Standard-Setters conferences

World Standard-Setters is our conference for the worldwide community of NSS. The conference is held once a year in London, normally in September and provides an opportunity for NSS to meet with our Board members and staff, and a forum to meet with other NSS from around the world. Find out more about WSS conferences here.

  • Emerging Economies Group

The EEG aim is to enhance the participation of emerging economies in the development of Standards. The EEG focuses on the application of IFRS Standards. EEG meetings are held twice a year and are hosted by the EEG members. Find out more about the EEG here.

  • Webinars for NSS

We offer regular updates to NSS via webinars. These events provide a further opportunity for NSS to engage with us.

  • International Forum of Accounting Standard-Setters (IFASS)

IFASS is an independent grouping of NSS from around the world, plus other organisations that have a close involvement in financial reporting issues. It is independent from the IFRS Foundation and currently chaired by Liesel Knorr. Read the charter of mutual co-operation with IFASS here.

  • Regional standard-setting communities

The IFRS Foundation encourages NSS to participate in standard-setting communities organised on a regional basis. The regional communities are:

    • Asia-Oceanian Standard-Setters Group (AOSSG)
    • European Financial Reporting Advisory Group (EFRAG)
    • Group of Latin American Standard-Setters (GLASS)
    • Pan African Federation of Accountants (PAFA)

National Standard-setters newsletter

Our NSS newsletter is dedicated to keeping National Standards-setters up to date on the relevant activities of the International Accounting Standards Board and the IFRS Foundation.

Further resources for national standard-setters 

The following is a summary of resources that may be useful to NSS:

  • Dedicated point of contact: NSS programmes are led by Michelle Sansom, Associate Director, National Standard-setters, and supported by Anna Hemmant, Translations Project Manager. Email the NSS team.
  • eIFRS: Provides online access to IFRS Standards and IFRIC Interpretations in multiple languages.
  • Translation, adoption and copyright information: The IFRS Foundation has a dedicated team to support translation, adoption and copyright information.

The IFRS Foundation website provides a wealth of resources to NSS. We recommend that NSS familiarise themselves with the following sections:

  • Work plan: Describes the status of projects being worked on by the IASB and provides a way to access specific project pages
  • Around the world: Detailed information about use of IFRS Standards by around 150 jurisdictions
  • Dashboard: Provides website users with the ability to receive updates and alerts about specific projects and themes
  • Supporting consistent application: Resources and materials to support the consistent application of IFRS Standards
  • Updates: Staff summaries of Board and IFRS Interpretations Committee meetings
  • Speaker requests: Use this form to request IASB representation at a local meeting or conference
  • Webinars: Listen to past webinars and download relevant slides

How we work together with national standard setters


The IFRS Foundation would like to thank the following people for taking part: Felipe Peréz Cervantes, Linda Mezon, Christina Ng, Jim Obazee, Kris Peach, Bee Leng Tan and Andrew Watchman.

If you would like to embed this video on your website, please go to our YouTube page and use the Share tab to copy the code.

‘Working Together’ session from 2019 World Standard-setters conference


The purpose of this session was to share best practices and identify ways the Board could support consistent application and encourage participation in the standard‑setting process. Panellists were asked to share their approach to supporting consistent application and how they encourage participation in their jurisdictions.

Chaired by:

Sue Lloyd, IASB Vice-Chair

Michelle Sansom, IASB Technical Staff


Andreas Barckow, Felipe Pérez Cervantes, Huaxin Xu, Linda Mezon

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