The International Accounting Standards Board (IASB) is an independent body responsible for developing and publishing International Financial Reporting Standards (IFRS). It offers standards for financial reporting, ensuring consistency and comparability across countries. The target audience includes multinational corporations and financial institutions. The unique selling proposition is providing a universal language for financial reporting, facilitating global business operations. Services include setting standards, providing interpretations, and promoting the use of IFRS globally. The IASB operates under the IFRS Foundation, ensuring its standards are widely adopted and recognized internationally[1][3][5].