The IFRS Foundation has published a summary of its Trustees’ plenary meeting, held in London earlier this month.
Discussions focused on the organisation’s mid-term and long-term strategy, and the ongoing process of appointing successors to IASB chair Andreas Barckow and IFRS Foundation managing director Michel Madelain when their respective terms end.
On funding, the summary reads: “For the IASB, the priority remains working with jurisdictions on adjusting contributions for inflation and broadening the contributor base to all jurisdictions using IFRS Accounting Standards. For the ISSB, the focus is on securing transition funding to bridge the gap between seed funding, some of which runs until the end of 2026, and a more sustainable funding model.”