News
IASC Foundation name change
18-May-2010
Earlier this year, the Trustees decided to change the name of the IASC Foundation to the IFRS Foundation. This will align the name of the organisation more closely with the name of the standards. In addition, the IFRIC will become the IFRS Interpretations Committee, and the SAC will become the IFRS Advisory Council. These changes are likely to come into effect in July 2010. The name of the IASB will remain the same.