IFRSnek

IFRSnek is a fan-produced meme character that fuses references to the International Financial Reporting Standards (IFRS) with the popular internet "snek" motif. The term emerged on social media in the early 2020s within accounting and finance communities as a lighthearted way to engage with IFRS topics.

Visual representation typically features a stylized snake, sometimes wearing business attire or perched on a ledger or calculator, with visual cues drawn from IFRS terminology such as revenue recognition, leases, or financial instruments. The character functions as an informal mnemonic device to summarize complex topics and to present contrasts between IFRS requirements and practical examples in a memorable way.

Usage and purpose: IFRSnek appears in memes, short explainer illustrations, slides in student coursework, and blog posts that aim to simplify IFRS concepts or spark discussion. It is unaffiliated with and not endorsed by the IFRS Foundation or the IFRS Interpretations Committee.

Reception: Among learners, IFRSnek is noted for increasing engagement and recall, though educators caution that memes should not replace formal study or authoritative sources.

See also: IFRS, IFRS Foundation, accounting meme, snek.