Here are some key points on the future of IFRS and how it is likely to evolve in response to changing global economic and financial conditions:

1. Continued adoption of IFRS: It is expected that more countries will adopt IFRS as their national accounting standards in the future, further promoting consistency and comparability in financial reporting across different jurisdictions.
2. Focus on emerging issues: The International Accounting Standards Board (IASB) is likely to continue to focus on emerging issues in financial reporting, such as the impact of new technologies and the need for greater sustainability reporting.
3. Greater emphasis on principles-based standards: There is likely to be a greater emphasis on principles-based standards, which provide more flexibility for companies in how they apply the standards to their specific circumstances.
4. Increased use of data analytics and artificial intelligence: The use of data analytics and artificial intelligence is likely to become more widespread in financial reporting, which may require the development of new accounting standards and guidance to address the unique issues that arise with these technologies.
5. Collaboration with other organizations: The IASB is likely to continue to collaborate with other global organizations, such as the World Bank and the International Monetary Fund, to promote the adoption of IFRS and other international standards.

Overall, the future of IFRS is likely to be shaped by ongoing developments in the global economy and financial markets.

The IASB is expected to continue to play a crucial role in promoting greater consistency and comparability in financial reporting, while also addressing emerging issues and adapting to new technologies and changing economic conditions.