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  • Guide for the adoption or other use of ISSB standards

    22 Feb 2024

    The International Sustainability Standards Board (ISSB) has released a preview version of a guide that is intended to support jurisdictions on their journey to adopt the ISSB standards. At the same time, the ISSB has published a summary of ongoing and completed jurisdictional consultations.

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  • IFRS Foundation seeks SRG members

    20 Feb 2024

    The IFRS Foundation is calling for applicants from different geographies and industries to become members of its IFRS Sustainability Reference Group (SRG).

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  • ISSB publishes webcast and educational material on industry-specific disclosures

    19 Feb 2024

    The International Sustainability Standards Board (ISSB) has released a 14-minute webcast on the importance of industry-specific disclosures to investors. At the same time, the ISSB has published educational material explaining how entities can refer to and consider the content in the SASB standards to meet the requirements in IFRS S1.

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  • Pre-meeting summaries for the February 2024 ISSB meeting

    19 Feb 2024

    The ISSB will meet in New York on 21 February 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the ISSB’s decision making more closely. We summarised the agenda papers made available by the ISSB staff and point out the main issues to be discussed by the ISSB and the staff recommendations.

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  • Pre-meeting summaries for the February 2024 IASB meeting

    16 Feb 2024

    The IASB will meet in London on 19-22 February 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. We summarised the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations.

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  • IASB agenda changed

    13 Feb 2024

    The agenda for the IASB meeting next week has been changed to include Monday as an additional day for discussions. A Board work plan update slot has been added and the discussions on equity method and on power purchase agreements have been moved forward to other days.

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  • February 2024 IASB meeting agenda posted

    09 Feb 2024

    The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 20–22 February 2024. There are eight topics on the agenda.

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  • IFAC and AICPA & CIMA study observes more detail in sustainability reporting

    23 Feb 2024

    The International Federation of Accountants (IFAC), together with AICPA & CIMA, has published an update to its study on the sustainability reporting and assurance practices of the largest global companies. The study reveals that there is now more detail and breadth in these companies' sustainability reporting.

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  • EFRAG survey on IFRS 16 — user perspective

    22 Feb 2024

    The European Financial Reporting Advisory Group (EFRAG) has launched the second part of its survey on IFRS 16 to seek input from users on whether the standard has improved the reporting on lease activities.

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  • Research workshop on FICE

    21 Feb 2024

    The International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and the European Financial Reporting Advisory Group (EFRAG) will hold a virtual research workshop on the IASB’s exposure draft 'Financial Instruments with Characteristics of Equity' on 11 March 2024.

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  • Updated IPSAS-IFRS alignment dashboard (March 2024)

    21 Feb 2024

    The International Public Sector Accounting Standards Board (IPSASB), which develops the International Public Sector Accounting Standards (IPSAS) for financial reporting by governments and other public sector entities, has released an updated IPSAS-IFRS alignment dashboard showing how far individual IPSAS are aligned with corresponding IFRSs.

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  • IFRS S1 and IFRS S2 available in Japanese and Korean

    20 Feb 2024

    The IFRS Foundation has issued a Japanese and a Korean translation of IFRS S1 'General Requirements for Disclosure of Sustainability-related Financial Information' and IFRS S2 'Climate-related Disclosures'.

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  • India preparing for adoption of IFRS 17 equivalent

    19 Feb 2024

    In preparation for the adoption of Ind AS 117, the equivalent to IFRS 17 'Insurance Contracts', the Insurance Regulatory and Development Authority of India (IRDAI) has announced the reconstitution of its expert committee dedicated to the implementation of Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS).

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  • Agenda for the March 2024 GPF meeting

    19 Feb 2024

    Representatives from the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) will meet with the Global Preparers Forum (GPF) in a hybrid meeting on 1 March 2024. The agenda for the meeting has been released.

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  • Heads Up — SEC Issues Final Rule Related to SPACs, Shell Companies, and Projections

    published 06 Feb 2024

    This Heads Up discusses the SEC’s recent issuance of a final rule on financial reporting and disclosures for special-purpose acquisition companies (SPACs). The final rule aims to (1) “enhance investor protections” in SPAC initial public offerings (IPOs) and de-SPAC transactions and (2) “more closely align the treatment of private operating companies entering the public markets through de-SPAC transactions with that of companies conducting traditional IPOs.”

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  • IFRS on Point — January 2024

    published 02 Feb 2024

    IFRS on Point highlights critical financial and sustainability reporting developments and main IFRS-related news stories of the previous month.

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  • IPSAS in your pocket — 2024 edition

    published 22 Jan 2024

    This guide summarises the provisions of all International Public Sector Accounting Standards (IPSAS), recommended practice guidelines and the conceptual framework, effective for financial statements for annual periods beginning on or after 1 January 2024.

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  • Heads Up — FASB Issues ASU on Income Tax Disclosures

    published 18 Jan 2024

    This Heads Up discusses FASB Accounting Standards Update (ASU) No. 2023-09, Improvements to Income Tax Disclosures. The ASU establishes new income tax disclosure requirements in addition to modifying and eliminating certain existing requirements. Under the new guidance, entities must consistently categorize and provide greater disaggregation of information in the rate reconciliation. They must also further disaggregate income taxes paid.

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  • On the Radar — Greenhouse Gas Protocol Reporting Considerations (2024)

    published 17 Jan 2024

    This publication briefly summarizes key issues related to the accounting for and reporting of greenhouse gas (GHG) emissions under the GHG Protocol, including (1) classifying GHG emissions into Scopes 1, 2 and 3; (2) defining the reporting company’s organizational boundary; and (3) setting GHG emission targets.

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