sentences:  Its primary objective, as set out in its Constitution, is to develop, in the public interest, a single set of high-quality, understandable, enforceable and globally accepted International Financial Reporting Standards (IFRS Standards) based upon clearly articulated principles.According to the Foundation, their mission statement is to "develop IFRS® Standards that bring transparency, accountability and efficiency to financial markets around the world.Our work serves the public interest by fostering trust, growth, and long-term financial stability in the global economy."