IFRS Foundation publishes updated guide on using the <IR> Framework with the ISSB standards
May 17, 2024
On May 17, 2024, the IFRS Foundation updated its guide, “Transition to integrated reporting: A guide to getting started,” to help entities implement IFRS S1 and IFRS S2.
The updated guide provides a phased approach for implementing the Integrated Reporting (<IR>) Framework and is intended to help preparers understand how the ISSB standards can be considered in their reporting.
The guide suggests that preparers new to integrated reporting could begin by adopting the principles and concepts specified in the <IR> Framework over one, two or three reporting cycles. For experienced integrated reporters, the guide can help embed IFRS S1 and IFRS S2 disclosures in their reports and improve the comparability of those reports.
Access the press release and the guide on IR’s website.
