IFRS History: The Past, Present, and Future of IFRS

Want to know more about the history of IFRS? In this video, we'll take a look at the history of IFRS (International financial reporting standards), from its beginnings to where it stands today and its future direction.
Watch this video to gain a comprehensive understanding of IFRS history, from its past to present and future. Dive into the origins and evolution of International Financial Reporting Standards in this insightful video.
📜 Timeline Highlights:
- Understanding the very establishment of the International Accounting Standards Board (IASB), the organization responsible for issuing the IFRS Standards.
- Exploring major milestones, including key developments, achievements, challenges, and transformations.
- A glimpse into the future: How IFRS Standards are evolving and what we can expect in the coming years.
🎓 Why Watch This Video?
- If you're an accounting professional, a finance student, or simply interested in the global economy, this video offers a comprehensive look at IFRS's history.
- From the early days of IASB in 1973 to modern advancements and future directions, this video provides an in-depth analysis of five decades of financial regulation evolution.
For an introduction to IFRS and a list of issued IFRS and IAS Standards, watch this video: • What is IFRS? An Easy ...
Timestamps:
00:00 Intro
00:24 1973
00:59 1989
01:07 1995
01:21 1996
01:39 2000
02:23 2001
02:40 2002
03:24 2003
03:35 2004
04:12 2005
04:31 2006
04:44 2007
05:37 2008
05:48 2009
06:00 2010
06:13 2011
06:24 2012
06:40 2013
07:07 2014
07:33 2015
07:47 2016
07:58 2017
08:34 2018
08:52 2019
09:02 2020
09:13 2021
09:31 2022
09:42 2022-2026
09:53 Outro
💡 Engage With Us!
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[@user-uo6uo8mx4y]

Thank you so much for your clear disicus

[@YamaBakhtani]

Thank you so much for watching!

[@aditibadkur9795]

7:34 doubt
When did china first affirmed IFRS?

[@YamaBakhtani]

Thank you so much for your comment, Aditi. In 2005, China adopted accounting standards substantially in line with IFRS Accounting Standards and affirmed to go full convergence with IFRS. I hope this helps!

[@YamaBakhtani]

Let me know if you need a reference to this?