-
-
IFRS Foundation announces IFRS Interpretations Committee appointments
11 Jun 2024
The Trustees of the IFRS Foundation have announced the appointment of Mark Mahar, Natsumu Tsujino, and Leon Yongbum Kim to the IFRS Interpretations Committee.
-
-
Pre-meeting summaries for the June 2024 IFRS Interpretations Committee meeting
10 Jun 2024
The IFRS Interpretations Committee (Committee) meets on 11 June 2024. The IFRS IC will discuss the finalisation of an agenda decision and a new item, and will give input for two IASB projects.
-
-
Pre-meeting summaries for the June 2024 ISSB meeting
10 Jun 2024
The ISSB will meet in a hybrid format (virtual and in Frankfurt) on 12 June 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.
-
-
June 2024 IASB meeting agenda posted
07 Jun 2024
The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 19–21 June 2024 and will include a joint session with the FASB via video conference on 21 June 2024. There are nine topics on the agenda.
-
-
IASB calls for academic contributions to 2025 Research Forum
06 Jun 2024
The IASB has announced a call for paper for its 2025 IASB Research Forum, set to convene at the University of Paderborn in Germany on 6–7 November 2025. This event, held in conjunction with the academic journal 'Accounting Horizons', provides a significant platform for scholars to contribute to the disclourse on contemporary issues in accounting.
-
-
IFRS Foundation Trustees Chair discusses milestones and future directions at Singapore stakeholder event
04 Jun 2024
Erkki Liikanen, Chair of the IFRS Foundation Trustees, addressed attendees at the IFRS Foundation Trustees' stakeholder dinner, highlighting the role Singapore has played in the development and implementation of international financial reporting standards. Chair Liikanen acknowledged the collaborative efforts of the Accounting and Corporate Regulatory Authority (ACRA) and the Institute of Singapore Chartered Accountants (ISCA) in hosting the event, which provided a platform to discuss the future of global financial and sustainability reporting.
-
-
June 2024 ISSB meeting agenda posted
03 Jun 2024
The International Sustainability Standards Board (ISSB) has posted the agenda for its meeting, which will be held in a hybrid format (virtual and in Frankfurt) on 12 June 2024. The ISSB will be discussing the enhancement of the Sustainability Accounting Standards Board (SASB) standards.
-
-
June 2024 IFRS Interpretations Committee meeting agenda posted
31 May 2024
The IFRS Interpretations Committee has posted the agenda for its next meeting, which will be held on 11 June 2024.
-
-
May 2024 IASB meeting notes posted
30 May 2024
The IASB met in London on 20 and 22 May 2024. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting.
-
-
IASB finalises amendments regarding the classification and measurement of financial instruments
30 May 2024
The International Accounting Standards Board (IASB) has issued 'Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)' to address matters identified during the post-implementation review of the classification and measurement requirements of IFRS 9 'Financial Instruments'. The amendments are effective for reporting periods beginning on or after 1 January 2026.
News RSS Feed Link
-
-
Ghana publishes roadmap for ISSB standards adoption
11 Jun 2024
The Institute of Chartered Accountants, Ghana (ICAG) has published a roadmap for the adoption of IFRS S1 and IFRS S2. The document sets out three phases for the adoption.
-
-
GRI consults on revised standards for employment practices and working conditions
11 Jun 2024
The Global Reporting Initiative (GRI) has launched a consultation on revisions to its standards ‘GRI 202: Market Presence’, ‘GRI 401: Employment’ and ‘GRI 402: Labor/Management Relations’. The comment period for the revised standards ends on 4 October 2024.
-
-
Accountancy Europe launches ‘ESRS perspectives’ publication series
10 Jun 2024
Accountancy Europe has launched a new publication series titled ‘ESRS perspectives’. The first paper in the series discusses the concept of materiality assessment under European Sustainability Reporting Standards (ESRS).
-
-
Recording of the third IASB webinar on IFRS 18 implementation
10 Jun 2024
On 6 June 2024, the IASB offered the third of a series of live webinars aimed at facilitating a comprehensive understanding of the recently issued IFRS 18 'Presentation and Disclosure in Financial Statements'.
-
-
FASB votes to propose integrating IAS 20 requirements into US GAAP
09 Jun 2024
At its meeting on 4 June 2024, the Financial Accounting Standards Board (FASB) discussed its project on accounting for government grants and decided, essentially, to propose to insert the requirements of IAS 20 'Accounting for Government Grants and Disclosure of Government Assistance' into US generally accepted accounting principles (US GAAP).
-
-
Meeting summary of the May 2024 MCCG meeting
06 Jun 2024
The IASB's Management Commentary Consultative Group (MCCG) met on 21 May 2024 via video conference. A summary of the discussions at the meeting is now available.
-
-
Recording of the first 'Perspectives on sustainability disclosure' webinar
06 Jun 2024
The IFRS Foundation has published a recording of its first 'Perspectives on sustainability disclosure' webinar. The webinar was titled 'The business case for early adoption'.
-
-
Two workshops on IFRS 18 for academics
06 Jun 2024
The IASB, together with academic partners, is offering two workshops that will provide an overview of IFRS 18 'Presentation and Disclosure in Financial Statements' and are intended to stimulate academic research that will be useful for the post-implementation review of IFRS 18.
-
-
Updated IPSAS-IFRS alignment dashboard (June 2024)
05 Jun 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.
-
-
CDP launches new disclosure platform
04 Jun 2024
CDP has launched its new disclosure platform to streamline and remove barriers to high-quality reporting on climate and nature.
News RSS Feed Link
-
-
IFRS on Point — May 2024
published 07 Jun 2024
'IFRS on Point' highlights critical financial and sustainability reporting developments and main IFRS-related news stories of the previous month.
-
-
On the Radar — Earnings per Share
published 06 Jun 2024
This publication summarizes key topics related to the accounting for and disclosure of earnings per share.
-
-
Roadmap: Earnings per Share (2024)
published 06 Jun 2024
This Roadmap provides an overview of the accounting and disclosure guidance in ASC 260 as well as insights into how to apply the guidance in practice. The 2024 edition of this publication contains relatively minor updates.
-
-
iGAAP in Focus — Financial Reporting: IASB issues amendments to the classification and measurement requirements of financial instruments
published 04 Jun 2024
On 30 May 2024, the IASB published 'Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)' to address matters identified during the post-implementation review of the classification and measurement requirements of IFRS 9 'Financial Instruments'. This 'iGAAP in Focus' outlines the amendments.
-
-
EFRAG endorsement status report 31 May 2024
published 31 May 2024
The endorsement status report has been updated to reflect that the IASB has issued 'Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)'.
-
-
On the Radar — Environmental obligations and asset retirement obligations
published 31 May 2024
This publication briefly summarizes issues an entity should consider when accounting for (1) environmental obligations under ASC 410-30 and (2) asset retirement obligations under ASC 410-20.
-
-
Roadmap: Environmental Obligations and Asset Retirement Obligations (2024)
published 31 May 2024
This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on environmental obligations in ASC 410-30 and asset retirement obligations (AROs) in ASC 410-20. Because the accounting for such obligations will vary depending on the laws and regulations that govern them, this publication gives an overview of some of the applicable federal and state environmental laws and regulations in the United States and describes the application of the accounting guidance within the relevant legal framework.
-
-
Roadmap: Current Expected Credit Losses (2024)
published 29 May 2024
This Roadmap provides Deloitte’s insights into and interpretations of the guidance in FASB Accounting Standards Update (ASU) No. 2016-13 (codified as ASC 326), Measurement of Credit Losses on Financial Instruments. The ASU adds to U.S. GAAP an impairment model known as the current expected credit loss model, which is based on expected losses rather than incurred losses.
-
-
EFRAG endorsement status report 27 May 2024
published 27 May 2024
The endorsement status report has been updated to now also reflect that the IASB has issued IFRS 19 'Subsidiaries without Public Accountability: Disclosures'. However, a footnote indicates that EFRAG has yet to receive the request for endorsement advice from the European Commission.
-
-
EFRAG endorsement status report 17 May 2024
published 17 May 2024
The endorsement status report has been updated to reflect that European Union has endorsed 'Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)' issued by the IASB in May 2023.
Publication RSS Feed Link
-
IASB Meeting — 19–21 June 2024
Start: 19 Jun 2024 - End: 21 Jun 2024
The IASB will meet in its offices in London on 19–21 June 2024 and will hold a joint meeting with the FASB via video conference on 21 June 2024.
-
ISSB Meeting — 12 June 2024
Start: 12 Jun 2024 - End: 12 Jun 2024
The ISSB will meet in a hybrid format (virtual and in Frankfurt) on 12 June 2024.
-
IFRS Interpretations Committee meeting — 11 June 2024
Start: 11 Jun 2024 - End: 11 Jun 2024
The IFRS Interpretations Committee will meet on 11 June 2024.
-
IASB Meeting — 20 and 22 May 2024
Start: 20 May 2024 - End: 22 May 2024
The IASB met in its offices in London on 20 and 22 May 2024.
-
ISSB Meeting — 16 May 2024
Start: 16 May 2024 - End: 16 May 2024
The ISSB met in Montreal on 16 May 2024.
-
ISSB Meeting — 23 April 2024
Start: 23 Apr 2024 - End: 23 Apr 2024
The ISSB met in Frankfurt on 23 April 2024.
-
IASB Meeting — 22–25 April 2024
Start: 22 Apr 2024 - End: 25 Apr 2024
The IASB met in its offices in London on 22–25 April 2024.
-
IASB Meeting — 18–21 March 2024
Start: 18 Mar 2024 - End: 21 Mar 2024
The IASB met in its offices in London on 18–21 March 2024.
-
ISSB Meeting — 13 March 2024
Start: 13 Mar 2024 - End: 13 Mar 2024
The ISSB met in Frankfurt on 13 March 2024.
-
IFRS Interpretations Committee meeting — 5 March 2024
Start: 05 Mar 2024 - End: 05 Mar 2024
The IFRS Interpretations Committee met on 5 March 2024.