The IFRS Foundation has today published the 2017 edition of its Pocket Guide to IFRS ® Standards: the global financial reporting language . The Guide shows continuing progress towards further enhancing the quality of IFRS Standards and increasing adoption around the world. The Pocket Guide provides an overview of the progress towards adoption of IFRS Standards in 150 jurisdictions around the world and includes information about the Standards and the organisation. This year’s Pocket Guide summarises key developments in the standard-setting over the past year and notes a growing number of jurisdictions requiring the use of IFRS Standards. Of the 150 jurisdictions studied to date, 126 (84 per cent) require IFRS Standards for all or most domestic listed companies and financial institutions. Another 13 jurisdictions (9 per cent) permit or require the Standards for at least some of those entities. During the past year, profiles on the use of IFRS Standards in ten...
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