-
-
December 2024 IASB meeting agenda posted
30 Nov 2024
The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 9–11 December 2024. There are four topics on the agenda.
-
-
December 2024 ISSB meeting agenda posted
29 Nov 2024
The International Sustainability Standards Board (ISSB) has posted the agenda for its meeting, which will be held in Frankfurt on 11 December 2024. There are two topics on the agenda.
-
-
Recording of the fifth 'Perspectives on sustainability disclosure' webinar
28 Nov 2024
The IFRS Foundation has published a recording of its fifth 'Perspectives on sustainability disclosure' webinar. The webinar is titled 'The state of assurance for sustainability disclosures'.
-
-
IASB issues podcast on latest Board developments (November 2024)
27 Nov 2024
The IASB has released a podcast hosted by Executive Technical Director Nili Shah featuring IASB Chair Andreas and IASB Member Rika Suzuki discussing the deliberations held during the November 2024 IASB meeting and the IASB's most recent exposure draft.
-
-
IFRS Foundation Trustees announces IFRS Interpretations Committee reappointments
26 Nov 2024
The IFRS Foundation Trustees have announced the reappointment of Yanli Liu and Brian O’Donovan to the IFRS Interpretations Committee.
-
-
November 2024 ISSB meeting notes posted
26 Nov 2024
The ISSB met on 20-21 November 2024 in Beijing. We have posted our comprehensive Deloitte observer notes for the projects discussed during the meeting.
-
-
ISSB publishes podcast on latest developments (November 2024)
26 Nov 2024
The International Sustainability Standards Board (ISSB) has released a podcast hosted by ISSB Chair Emmanuel Faber and ISSB Vice-Chair Sue Lloyd discussing the latest developments around the ISSB.
-
-
Updated IASB and ISSB work plan — Analysis (November 2024)
26 Nov 2024
Following the IASB and ISSB meetings this month, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meetings and other developments since the work plan was last revised in October 2024. Changes are few.
-
-
EFRAG discussion paper on the statement of cash flows
26 Nov 2024
EFRAG has published a discussion paper 'The Statement of Cash Flows – Objectives, Usages and Issues'.
-
-
Pre-meeting summaries for the November 2024 IFRS Interpretations Committee meeting
25 Nov 2024
The IFRS Interpretations Committee (Committee) meets on 26 November 2024. The IFRS IC will discuss the initial consideration of two agenda decisions, one comment letter analysis on a tentative agenda decision and give input into four IASB projects.
News RSS Feed Link
-
-
Agenda for the December 2024 Emerging Economies Group meeting
29 Nov 2024
The IFRS Foundation Emerging Economies Group (EEG) will meet via video conference call on 17-18 December 2024. An agenda for the meeting is now available.
-
-
SSBJ re-exposes proposals for sustainability requirements
29 Nov 2024
The Sustainability Standards Board of Japan (SSBJ) has published an exposure draft (ED) titled 'Revised Proposals Related to the Calculation Period for the Reporting of Metrics'. The comment period for the ED ends on 10 January 2025.
-
-
IPSASB finalises guidance on mineral resources
27 Nov 2024
The International Public Sector Accounting Standards Board (IPSASB) has released International Public Sector Accounting Standard (IPSAS) 50 'Exploration for and Evaluation of Mineral Resources' as well as amendments to IPSAS 12 regarding 'Stripping Costs in the Production Phase of a Surface Mine'.
-
-
FASB concludes that IFRS 15 equivalent works as intended
26 Nov 2024
In 2014, the FASB issued an Accounting Standards Update 'Revenue from Contracts with Customers' that was converged with the corresponding IASB standard, IFRS 15. In September 2024, the IASB concluded that its standard works as intended. The FASB has now come to the same conclusion regarding its own standard.
-
-
Agenda for the December 2024 Islamic Finance Consultative Group meeting
26 Nov 2024
An agenda has been released for the meeting of the Islamic Finance Consultative Group that will be held virtually on 3 December 2024.
-
-
Agenda for the December 2024 ITCG meeting
22 Nov 2024
The IFRS Foundation has released an agenda and meeting papers for the meeting of the IFRS Taxonomy Consultative Group (ITCG), which will be held via video conference call on 3 December 2024.
-
-
Thai regulator initiates consultation on adoption of ISSB standards
21 Nov 2024
The Securities and Exchange Commission of Thailand (SEC Thailand) has published a roadmap for the adoption of ISSB standards. The consultation period for the roadmap ends on 19 December 2024.
-
-
FASB proposes government grant accounting requirements based on IAS 20
20 Nov 2024
The Financial Accounting Standards Board (FASB) has released a proposed Accounting Standards Update (ASU) that would provide guidance on the accounting for government grants received by business entities.
-
-
Report on the autumn 2024 IFASS meeting
20 Nov 2024
A report has been issued summarising the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS) held in London and by remote participation on 24 and 25 September 2024.
-
-
Accountancy Europe encourages IASB to look beyond climate
19 Nov 2024
Accountancy Europe has responded to the IASB exposure draft 'Climate-related and Other Uncertainties in the Financial Statements' and encourages the IASB to expand the scope and content of the proposed illustrative examples.
News RSS Feed Link
-
-
Deloitte comment letter on IASB's proposed illustrative examples on climate-related and other uncertainties in the financial statements
published 28 Nov 2024
Whilst we agree that providing illustrative examples accompanying IFRS Accounting Standards is useful and more effective than publishing educational material, we do not believe that this is sufficient to address the demands of investors for additional information in the financial statements.
-
-
Deloitte comment letter on IASB's proposal on subsidiaries without public accountability
published 26 Nov 2024
Deloitte Touche Tohmatsu Limited is pleased to respond to the International Accounting Standards Board’s Exposure Draft Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures.
-
-
Heads Up — FASB Proposes Guidance on the Accounting for Government Grants
published 26 Nov 2024
This Heads Up discusses the FASB’s proposed Accounting Standards Update (ASU) Accounting for Government Grants by Business Entities. The proposal would add guidance to ASC 832 on the recognition, measurement, and presentation of government grants. Comments on the proposed ASU are due by March 31, 2025.
-
-
Heads Up — FASB Invites Stakeholders to Comment on Financial Key Performance Indicators
published 26 Nov 2024
This Heads Up discusses the FASB’s Invitation to Comment (ITC) Financial Key Performance Indicators for Business Entities. Comments on the ITC are due by April 30, 2025.
-
-
On the Radar — Hedge accounting
published 22 Nov 2024
This publication briefly summarizes key financial reporting considerations related to the accounting for hedges under ASC 815.
-
-
Roadmap: Hedge accounting
published 22 Nov 2024
This Roadmap provides an overview of the FASB’s authoritative guidance on hedge accounting in ASC 815 as well as our insights into and interpretations of how to apply that guidance in practice.
-
-
Adoption of IFRS Sustainability Disclosure Standards by jurisdiction
published 21 Nov 2024
‘Adoption of IFRS Sustainability Disclosure Standards by jurisdiction’ gives an overview in tabular format about jurisdictions that have adopted or are in the process of adopting the ISSB standards. This publication has last been updated on 21 November 2024.
-
-
Deloitte comment letter on IASB's proposal on hyperinflationary presentation currency
published 20 Nov 2024
Deloitte Touche Tohmatsu Limited is pleased to respond to the International Accounting Standards Board’s Exposure Draft Translation to a Hyperinflationary Presentation Currency (Proposed amendments to IAS 21).
-
-
Report on the H2 2024 IFASS meeting
published 20 Nov 2024
Report summarising the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS) held in London and by remote participation on 24 and 25 September 2024. As reported earlier, among the topics discussed at the meeting were intangibles.
-
-
Financial Reporting Alert 24-4, Financial Reporting Considerations Related to Pension and Other Postretirement Benefits
published 18 Nov 2024
This Financial Reporting Alert highlights some of the important accounting considerations related to the calculations and disclosures entities provide under U.S. GAAP in connection with their defined benefit pension and other postretirement benefit plans. Such considerations include those associated with (1) the current macroeconomic environment, (2) “buy-in” and “buy-out” transactions, (3) the Inflation Reduction Act of 2022, and (4) certain defined benefit pension plans in the Netherlands and the United Kingdom.
Publication RSS Feed Link
-
ISSB Meeting — 11 December 2024
Start: 11 Dec 2024 - End: 11 Dec 2024
The ISSB will meet in Frankfurt on 11 December 2024.
-
IASB Meeting — 9–11 December 2024
Start: 09 Dec 2024 - End: 11 Dec 2024
The IASB will meet in London on 9–11 December 2024.
-
IFRS Interpretations Committee meeting — 26 November 2024
Start: 26 Nov 2024 - End: 26 Nov 2024
The IFRS Interpretations Committee will meet on 26 November 2024.
-
ISSB Meeting — 20–21 November 2024
Start: 20 Nov 2024 - End: 21 Nov 2024
The ISSB met in Beijing on 20–21 November 2024.
-
IASB Meeting — 19–20 November 2024
Start: 19 Nov 2024 - End: 20 Nov 2024
The IASB met in London on 19–20 November 2024.
-
ISSB Meeting — 24 October 2024
Start: 24 Oct 2024 - End: 24 Oct 2024
The ISSB met via video conference on 24 October 2024.
-
IASB Meeting — 21–23 October 2024
Start: 21 Oct 2024 - End: 23 Oct 2024
The IASB met in London on 21–23 October 2024.
-
IASB | FASB Meeting — 11 October 2024
Start: 11 Oct 2024 - End: 11 Oct 2024
The IASB held an education meeting with the FASB on 11 October 2024.
-
ISSB Meeting — 18 September 2024
Start: 18 Sep 2024 - End: 18 Sep 2024
The ISSB met in Frankfurt on 18 September 2024.
-
IASB Meeting — 16–18 September 2024
Start: 16 Sep 2024 - End: 18 Sep 2024
The IASB met in London on 16–18 September 2024.