<P> To assess progress towards the goal of a single set global accounting standards , the IFRS Foundation has developed and posted profiles about the use of IFRSs in individual jurisdictions . These were based on information from various sources . The starting point was the responses provided by standard - setting and other relevant bodies to a survey that the IFRS Foundation conducted . Currently , profiles are completed for 124 jurisdictions , including all of the G20 jurisdictions plus 104 others . Eventually , the plan is to have a profile for every jurisdiction that has adopted IFRSs , or is on a programme toward adoption of IFRSs . </P>
<P> To assess progress towards the goal of a single set global accounting standards , the IFRS Foundation has developed and posted profiles about the use of IFRSs in individual jurisdictions . These were based on information from various sources . The starting point was the responses provided by standard - setting and other relevant bodies to a survey that the IFRS Foundation conducted . Currently , profiles are completed for 124 jurisdictions , including all of the G20 jurisdictions plus 104 others . Eventually , the plan is to have a profile for every jurisdiction that has adopted IFRSs , or is on a programme toward adoption of IFRSs . </P>
the number of countries in which financial reports are prepared using global accounting standards is
the number of countries in which financial reports are prepared using global accounting standards is
124
124