IASC Foundation to become IFRS Foundation on 1 July 2010

30 June 2010


On 1 July 2010 the IASC Foundation will formally change its name to the IFRS Foundation. The change represents the next step in a process to simplify the names in use across the organisation announced following the conclusion of the Constitutional Review in 2010. The International Financial Reporting Interpretations Committee (IFRIC) and the Standards Advisory Council (SAC) have already been renamed as the IFRS Interpretations Committee and the IFRS Advisory Council, respectively.

The name of the International Accounting Standards Board (IASB) will remain unchanged.

Beyond the change in name, there are no other changes affecting the legal status of the Foundation, its structure or its operating terms and conditions.

The unifying logo of the organisation will be as shown below.



Why has the name been changed?

The name change is designed to reflect more clearly what the Foundation does, namely the publication and promotion of International Financial Reporting Standards (IFRSs).

Will the IASB website and email addresses change?

The Foundation is in the process of reflecting the change of name on its website, all email addresses and other public communications. The IASB’s new website address will be www.ifrs.org and all email addresses will end in @ifrs.org. However, from 1 July all webpages and email addresses ending in iasb.org will be rerouted to ifrs.org, so you shouldn’t experience any difficulties.