This page and the documents it refers to tell you the terms on which you may use our Websites whether as a guest, Subscriber or a Registered User. Use of our Websites includes accessing Content, browsing or registering to use our Websites and/or purchase our Products.
Other applicable terms:
The IFRS Foundation is the only organisation that produces International Financial Reporting Standards as issued by the International Accounting Standards Board. It is important to us and our constituents that we preserve our intellectual property rights and that we maintain the strength of the Foundation’s branding in order to facilitate the global use of IFRSs in line with our objectives.
In order to register to receive any alerts and communications from us or to subscribe for any of our subscription services featured on the Websites, you will be asked to provide relevant personal information that we need to process your registration. The personal information provided upon registration allows us to deliver our services, as well as allowing us to maintain your account. As a registered user you will receive information on our work and services including invitations to events and seminars. We may contact you by email, post or telephone. Sometimes we may contact you by email, post or telephone for research purposes relating to our Websites or to research opinion on proposed developments.
When you register for any of our services including subscription services, the information you provide is for our purposes only. It is not shared with any third party organisations, individuals or entities. However, you acknowledge and agree that we may use third party providers to conduct research, process data or develop and maintain the Websites and its Content on our behalf.
We are the owner or the licensee of intellectual property rights in our Websites and Content. Those rights are protected by rights in copyright as well as other intellectual property laws and international treaties. All such rights are reserved.
You acknowledge our copyright and other proprietary rights where they exist in any material provided.
You acknowledge that you acquire no copyright or other proprietary rights in any Content provided as it is viewed or received.
The Content remains the copyright of the IFRS Foundation in all countries and in all languages.
|3.6||You must not use or reproduce or allow anyone else to use or reproduce any trade marks that appear on our Websites or in any Content without our Prior Permission. Some of the trade marks that appear on our Websites are listed at clause 3.7.|
The IFRS Foundation logo (shown below), the IASB logo, the IFRS for SMEs logo, the ‘Hexagon Device’, ‘IFRS Foundation’, ‘eIFRS’, ‘IAS’, ‘IASB’, ‘IFRS for SMEs’, ‘IASs’, ‘IFRS’, ‘IFRSs’, ‘International Accounting Standards’ ‘International Financial Reporting Standards’ and IFRS Taxonomy are Trade Marks of the IFRS Foundation.
|Some of our trade marks are registered in various parts of the world. For details please contact us.|
The software that operates our Websites or that is used in any products and services which we may make available via the Websites is the property of the IFRS Foundation or its licensors. You must not copy, reverse engineer, modify or otherwise alter or manipulate this software.
a) You may access and make use of any Content available on our Websites for personal and/or professional non-commercial purposes only. This includes permission to make reference to the Works when discussing or advising others, but excludes permission to reproduce portions of the Works and provide them to others.
b) Subject to clause 6 you are permitted to use the material contained on this Websites to inform yourself, your employer and your clients of the reporting requirements under the Standards in connection with the normal function of their business or employment.
c) You are not permitted to reproduce, distribute or sublicense the works in any format other than in the limited circumstances specified in clause 5.4.
d) Where you have purchased electronic downloadable publications you are entitled to download one copy onto a single computer and are not permitted to copy or transfer that copy onto any other computer or electronic device.
Where you are an eIFRS Subscriber you have the right to reproduce, in hard copy or in electronic format for your internal purposes only and not in the public domain:
a) Not more than 5 copies of any individual Standard or specific document of the Works for Professional Use or in connection with your business.
b) Up to 10 copies of extracts for Professional Use or in connection with your business. An extract shall be no more than 25 per cent of any complete Standard or other document.
You must obtain our Prior Written Permission before producing more copies than those permitted in clause 5.4 or using the Works for one of the purposes set out in clause 5.3. If you want to seek such permission please contact us.
Any copies of individual Standards or extracts must be accompanied by an acknowledgement in the following form including the date that appears on the Standard: © [insert date from the applicable Standard] Copyright IFRS Foundation.
You must not reproduce (either in any format including hard copy or electronically) any part of our Websites or any Content on it or any products or services available on or via the Websites for use for any commercial purposes, in any Commercial product or for use in any seminar, conference, training or similar commercial event without Prior Written Permission from us. The IFRS Foundation reserves the right to charge a fee for such use. If you want to seek such permission please contact us.
Subject to the following provisions of this clause 8 you may link:
a) to our home page; or
b) another page that contains educational materials if those materials expressly allows a link to be made to them PROVIDED THAT any such link does not permit users to enter password-protected areas of the Websites without buying an eIFRS subscription from us.
You must establish a link in a way that is fair and legal and does not damage our reputation or take advantage of it.
You must not establish a link in a way that suggests any form of association, approval or endorsement on our part where none exists and/or where we have not provided our Prior Written Permission.
You must not establish a link from any Websites that is not owned by you.
Our Websites must not be framed on any other Websites, nor (unless you have Prior Written Permission) may you create a link to any part of our Websites other than a link to the home page.
We reserve the right to withdraw linking permission without notice.
Whilst we endeavour to ensure that our Websites is normally available 24 hours a day, we will not be liable if for any reason the Websites, its Content or any part of it is unavailable at any time or for any period.
Access to the Websites may be suspended temporarily and without notice in circumstances of system failure, maintenance or repair or for reasons beyond our control.
Some areas of our Websites are restricted. You are not permitted to access the restricted areas of the Websites without entering into an eIFRS subscription agreement with the IFRS Foundation unless such access is permitted under a Licence Agreement.
Access to certain areas of our Websites may be subject to payment of a fee.
Payment for access to restricted areas of our Websites must be made in advance and in British Pounds Sterling (GBP).
If you become entitled to a refund under the provisions of clause 10.3 we reserve the right, at our sole discretion, to extend your subscription to compensate you for the period during which access was denied instead of providing a monetary refund.
Our shopping pages will guide you through the steps you need to take in order to place an order. Our order process allows you to check and amend any errors before submitting your order to us. Please take time to read and check your order at each page of the order process. The prices of Products offered by us in our webshop are clearly set out on the Websites and may be subject to but do not include VAT.
Products may be delivered by post, by courier or electronically as may be applicable to each sale. Delivery by post may be included in the price or it may be charged for separately - where delivery is charged separately this will be clearly indicated.
You shall be responsible to us for the accuracy of the terms of any order submitted by you. If by mistake we have under-priced any Products we will not be liable to supply it to you at that price provided we notify you before dispatching the Products.
We deliver to the countries listed in Shipping Information which can be found by clicking here. Unless expressly stated prices do not include delivery charges which will be advised to you during the order process prior to your placing your order. Please refer to Shipping Information on the link provided in this clause. International deliveries (outside of the UK) may be subject to import duties and taxes which are applied when the delivery reaches its destination. Please note that we are not responsible for any such charges. Please contact your local customs for any queries on any such charges. You must comply with all applicable laws and regulations of the country for which the Products are destined.
If for any reason beyond our control we are unable to supply you with a particular Product we will notify you as soon as possible. The IFRS Foundation shall not be liable to supply such Products provided notification is given and a refund provided as soon as practicable. .
No contract of any kind exists between us and a user placing an order until we collect payment for the Products. At any point up to then we may decline to supply the Products without giving you any reason. At the point payment is collected, and not before, an Agreement shall come into existence between the IFRS Foundation and you and we will arrange for dispatch of the Products.
Once payment has been authorised any electronic publications ordered will be available for downloading generally within one business day from our having processed your order and received payment. It is intended that you will download the electronic publications on the same day but in any event they will only be available for downloading for 3 months calculated from time of payment. Subject to clause 12, claims for non-delivery must be made by no later than the business day following the date on which the electronic publications cease to be available for downloading. Delivery by post will be made to a single address specified in the order. We will use reasonable endeavours to secure delivery within 30 days of the date of the order (with the exception of advance orders). However, subject to clause 12 for orders destined for the UK, we will not be liable for loss occasioned by delay in or failure of delivery arising out of any cause beyond our control.
Payment may be made by American Express, Visa or Mastercard credit or charge cards or any Switch or Maestro debit card. Card details will be encrypted to minimise the possibility of unauthorised access or disclosure. Authority for payment must be made at the time of the order.
Credit, debit or charge card orders exceeding £5000 (GBP) are subject to a 3.75 per cent surcharge on the amount exceeding £5000 (GBP). This amount will be automatically added to your order. If you are printing the order form and wish to pay by cheque you do not need to pay this surcharge.
We may, at our sole discretion, offer discounts to certain groups of customers or on orders of a certain size. These discounts will be clearly displayed on our Websites. Only one discount rate may be applied to any order.
Unless one of the exceptions listed below in clause 12.7 applies, as a Consumer you can cancel your order without giving any reason within 14 days from the day on which you or a third party indicated by you (other than the carrier) receives the Products purchased or receives our email confirmation of order (whichever is the earlier) (or last item if the order relates to Products or multiple lots or Products delivered separately) or from the day of the conclusion of the contract, in the case of services or digital content not supplied in a tangible medium (e.g. DVD).
You must inform us (IFRS Foundation of 30 Cannon Street, London EC4M 6XH) of your decision to cancel your order. You may submit your request by contacting our Customer Service team at email@example.com or using this form by clicking here. We will communicate to you an acknowledgement of receipt by e-mail. To meet the cancellation deadline, it is sufficient for you to send your communication before the 14 days’ cancellation period has expired and return the Products to the address given on the form or as notified to you in our communication (Return Centre).
For additional information on the scope, content and instructions on how to return Products, please contact our Customer Service team at firstname.lastname@example.org.
We will reimburse:
a) all payments received from you for the Products purchased, and
b) standard postage charges, no later than 14 days from the day on which we received your communication where you cancelled the order within the 14 day period. We will use the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise. You will not incur any fees as a result of such reimbursement. We may withhold reimbursement until we have received the Products back or you have supplied evidence of having sent back the Products, whichever is the earliest. If reimbursement occurs after the maximum time period mentioned above, the amount due to you will as of right be increased.
Please note that you must send back the Products by following the instructions provided during or subsequent to your communication to us or available in the form we refer to in clause 12.3 to our Return Centre no later than 14 days from the day on which you communicate your cancellation. You will have to bear the direct cost of returning these Products unless you have advised us that they are faulty or damaged. You may be liable if the value of the Products returned diminishes due to your handling of the Products
The right of cancellation does not apply to:
a) the delivery of sealed software if unsealed by you after delivery;
b) a service if we have fully performed it and you accepted when you placed your order that we could start to deliver it, and that you could not cancel it once delivery had started;
c) the supply of digital content (including apps, digital software, ebooks, etc) which is not supplied on a tangible medium (e.g. on a DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not cancel it once delivery had started; and
d) the delivery of journals or magazines with the exception of subscription contracts.
If we fail to meet the delivery deadline for any Products (other than by reason of your not being available to accept delivery or where you have provided incorrect information) then you may cancel the order where the failure to meet the delivery deadline was because we refused to deliver the Products or you told us before we accepted your order that delivery within the delivery deadline was essential.
The provisions of this clause 12 do not affect your statutory rights where the Products are faulty or not as described. Where Products are faulty or not as described we will refund the price of the Products in full together with any applicable delivery charges and any reasonable costs you incur in returning the Products to us. You should follow the returns process provided for in this clause 12.
If you have any queries about the IFRS webshop or Products please contact our Customer Service team at email@example.com
The provisions of clause 11 do not apply to purchases of CD-ROMs or Subscriptions that include services delivered through the internet, nor do they apply to purchases made by bookshops or other businesses, or made by an employee on behalf of a business.
The following provisions apply if you are a business or you are an employee purchasing Products on behalf of a business. You have the right to cancel your order up to 14 days after the day following delivery of the Products by contacting the Customer Service team at firstname.lastname@example.org
If the Products have been dispatched by the time we receive the cancellation notice you must return the Products to us and we will refund the purchase price to your credit or debit card within 30 days of the notice of cancellation.
If you do not return the Products within 21 days of the date of cancellation we will make a charge in respect of collection and recovery of the Products.
If you do not make the Products available for collection or recovery within 30 days of your notice of cancellation you will be deemed to have accepted the Products. At that point a new contract will be formed and you will be charged for the Products at the price set out on the Websites.
Any Products returned to us must be in good resalable condition - if not you will be charged for them.
If for any reason your Products arrive in a damaged or otherwise unsatisfactory condition we will replace them. Please contact our Publications Department at email@example.com to arrange the return of the defective Products and dispatch of replacements. Please do not return defective Products to us until requested to do so.
The Content on and/or downloadable from our Websites or contained in Products and in our communications is provided for general information purposes only. It does not constitute accounting or other professional advice. Neither the IFRS Foundation nor any other associated entity accepts any responsibility for any loss or damage that may arise from reliance on information contained on or accessible from this Websites. Should you wish to rely on any Content, you should take appropriate professional advice on your particular circumstances beforehand because the application of laws and regulations will vary depending on particular circumstances.
Whilst we have endeavoured to ensure that the Content and information contained in Products are correct we do not make any representations or give any warranties or undertakings, express or implied regarding the Content of our Websites, Products and our communications or that the Content, Products and communications are up to date.
We disclaim all warranties express and implied to the maximum extent permitted by law including but not limited to warranties of fitness for purpose and merchantability.
We do not warrant or guarantee that our Websites is free of errors, viruses, worms, Trojan horses or other destructive or contaminating components or content. We also do not warrant or guarantee that our Websites is compatible with your computer equipment.
Our Websites may contain links to third party Websites that are not controlled by us. We do not accept any responsibility for the content of such Websites or that these links will continue to function. We also do not accept liability for any use of such Websites.
We will not be liable to any user for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with use of, or inability to use, our site; or use of or reliance on any Content displayed on our Websites or any Products provided on or via our Websites.
If you are a business user, please note that in particular, we will not be liable for loss of profits, sales, business, or revenue; business interruption; loss of anticipated savings; loss of business opportunity, goodwill or reputation; or any indirect or consequential loss or damage.
If you are a Consumer user, please note that we only provide our Websites for domestic and private use. You agree not to use our Websites for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.
We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our site or to your downloading of any content on it, or on any Websites linked to it.
We assume no responsibility for the content of Websites linked on our Websites. Such links should not be interpreted as endorsement by us of those linked Websites. We will not be liable for any loss or damage that may arise from your use of them.
Additional limitations and exclusions of liability will apply to liability arising as a result of the supply of any Products and services by use to you, which are set out in clauses 8 and 9 and the provisions of any Licence Agreement. In the event of any inconsistency between this clause 15 and clauses 11, 12 and 13 or the Licence Agreement clauses 11,12 and 13 or the Licence Agreement shall apply
We collect information about you when you register with us, place an order for Products or when you communicate with us by any media.
We may collect information about you from third parties.
Some of the information we collect about you might be personal data (as defined in the Data Protection Act 1998). For full details of how we use personal data please click here.
IFRS Foundation employs appropriate technical security measures to protect your personal data and to ensure that it is not accessed by unauthorised persons. Information storage is on secure computers in a secure information centre and the IFRS Foundation encrypts personal data whenever it is possible to do so. The IFRS Foundation undertakes periodic reviews of its security policies and procedures to ensure that systems remain secure and protected.
Unless the context otherwise requires, the singular includes the plural and vice versa.
References to any enactment, order, regulation or other similar instrument shall be construed as a reference to the enactment, order, regulation or instrument or any subsequent re-enactment.
If any provision of the Agreement is declared by any judicial or other competent authority to be void, voidable, illegal, or otherwise unenforceable, or indications of this are received by either of the parties from any relevant competent authority, the remaining provisions of the Agreement shall remain in full force and effect.
The failure by either party to enforce at any time or for any period any one or more of the terms or conditions of the Agreement shall not be a waiver of them or of the right at any time subsequently to enforce all terms and conditions of the Agreement.
This agreement shall be governed by, and construed in accordance with, English law.
Where you are a business it is hereby irrevocably agreed and accepted that the Courts of England and Wales are to have exclusive jurisdiction to settle any claim, difference or dispute (including, without limitation, claims for set-off or counterclaims) which may arise out of or in connection with this agreement. Each party irrevocably waives any right it may have to object to an action being brought in such Courts, to claim that the action has been brought in an inconvenient forum or to claim that such Courts do not have jurisdiction.
Where you are a consumer you and we agree that the courts of England and Wales will have non-exclusive jurisdiction and we acknowledge that you may have rights to bring proceedings in your country of residence.
‘Additional Licence’ – A licence to be entered into between us and you regarding specific Products which we provide.
‘Commercial’ – Pertaining to commerce and having either monetary or non-monetary gain as motive.
‘Consumer’ – A consumer to whom the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 applies.
‘Content’ – Any content and materials including the Works that appear on the Websites or which may be accessed by or downloaded from the Websites or contained in Products.
‘Data’ – Any information in print or electronic format including the works and updates in electronic or other format as agreed between the parties.
‘Electronic Format’ – Any format other than print, including those actuated by or as a result of analogue, digital, electronic, compact disk, electrical, magnetic, optical, laser, acoustic, or any such similar technologies, and/or devices accessed using personal computers, workstations, local area networks, wide area networks, intranets, the Internet, or other dial-in access.
‘Extract’ – An extract of less than 25 per cent of a specific document from any of the works included in the Data.
‘IASB’ – The International Accounting Standards Board.
‘IFRIC’ – The International Financial Reporting Interpretations Committee.
‘Individual User(s)’ – A distinctly identifiable individual user of the data obtaining access through the licensee’s services.
‘Licence Agreements’ – Means Additional Licences and Separate Licence Agreements.
‘Official text’ – The works published by us or our licensees in printed or Electronic Format, which are endorsed and published by the IASB and/or IFRS Foundation and/or our agent(s).
‘Products’ – All Products and services which are available for purchase via the Websites.
“Prior Permission” and “Prior Written Permission” – Permission from an authorised member of the IFRS Foundation’s staff and includes but is not limited to:
a) permission contained on any webpage or document included within this Websites. Where the prior permission is required to be in writing, it shall be in hard copy form and signed by an authorised signatory of the IFRS Foundation’s staff; and/or
b) a permission contained in a Licence Agreement
‘Professional Use’ – Use of the material in a professional capacity in connection with the business of providing accounting services to your customers or to the business in which you are employed as an accountant..
Websites‘Separate Licence Agreement’ – An agreement which was made between us and a third party relating to the use of their software and materials the terms of which agreement shall apply to your use of such software and materials in connection with Content where notified by us to you.
‘Standards’ – The accounting standards and updates to those standards issued by under the titles International Accounting Standards, or International Financial Reporting Standards.
‘Subscribers’ – Companies, firms, other legal entities, individuals and natural persons who have access to the services known as eIFRS Professional or eIFRS ComprehensiveWebsites.
‘Taxonomy’ – Taxonomy generally means a catalogue or a set of rules for classification; in XBRL, a taxonomy contains computer-readable definitions of business reporting terms as well relationships between them and links connecting them to human-readable resources; a typical taxonomy consists of a schema (or schemas) and linkbases; a set of these files that could be discovered from one entry point schema is called discoverable taxonomy set, for example the IFRS taxonomy. The term is used to refer to all versions of the Standards for the purposes of this document.
‘User(s)’ – Companies, firms, other legal entities, individuals and natural persons who have access to the Websites.
‘Works’ - The materials of the International Accounting Standards Committee (IFRS) Foundation. These materials include, but are not limited to, the following:
· International Financial Reporting Standards (IFRSs)
· International Accounting Standards (IASs)
· IFRIC Interpretations
· SIC Interpretations
· Basis for Conclusions for IFRSs and IASs
· Implementation Guidance for IFRSs and IASs
· Illustrative Examples for IFRSs and IASs
· Appendices to IFRSs and IASs
· Basis for Conclusions for IFRIC and SIC Interpretations
· Appendices to SIC Interpretations
· IASB Framework for the Preparation and Presentation of Financial Statements
· Due Process Handbook for the IASB
· Preface to IFRSs
· IASB and IFRS Foundation Discussion Papers
· IASB and IFRS Foundation Exposure Drafts
· IFRIC Draft Interpretations
· IASB Insight
· IASB Update
· IFRIC Update
‘XBRL’ – Extensible Business Reporting Language, a language based on the XML standard for the electronic communication of business and financial data.