Theoretical predictions of the magnetic anisotropy of antiferromagnetic materials are demanding due to a lack of experimental techniques which are capable of a direct measurement of this quantity. At the same time it is highly significant due to the use of antiferromagnetic components in magneto-resistive sensor devices where the stability of the antiferromagnet is of upmost relevance. We perform an ab-initio study of the ordered phases of IrMn and IrMn3, the most widely used industrial antiferromagnets. Calculating the form and the strength of the magnetic anisotropy allows the construction of an effective spin model, which is tested against experimental measurements regarding the magnetic ground state and the Neel temperature. Our most important result is the extremely strong second order anisotropy for IrMn3 appearing in its frustrated triangular magnetic ground state, a surprising fact since the ordered L12 phase has a cubic symmetry. We explain this large anisotropy by the fact that cubic symmetry is locally broken for each of the three Mn sub-lattices.
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