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i want to know how many memebrs are in the ifrs and how many countries are currently adopting the ifrs standards ? what are the recentky added standards?
in General IFRS Discussion by

2 Answers

+1 vote
"IFRS is used in many parts of the world, including the European Union, India, Hong Kong, Australia, Malaysia, Pakistan, GCC countries, Russia, Chile, South Africa, Singapore and Turkey. As of August 2008, more than 113 countries around the world, including all of Europe, currently require or permit IFRS reporting and 85 require IFRS reporting for all domestic, listed companies, according to the U.S. Securities and Exchange Commission..." Read full article http://en.wikipedia.org/wiki/International_Financial_Reporting_Standards#Adoption_of_IFRS

To know about current standards follow this link http://www.ifrs.org/IFRSs/Pages/IFRS.aspx
by Level 2 Member (3.4k points)
0 votes
There are 14 IFRS standards & all previous standards (IAS) will get into IFRS soon