The slides for the presentation are available on the AASB website.

The forum also featured a panel discussion on users of financial statements, further financial information to be reported, and analysis of financial information. A summary of the key discussion points has also been made avaialble on the AASB website.

This issue features:

• Challenges and approaches to defining an EBIT subtotal
• Analysis of the disclosures in the 2016 annual and 2017 interim reports related to the implementation of IFRS 15, Revenue from Contracts with Customers
• Project updates
• Information on investor materials and current events.

The Investor Update newsletter is available on the IASB’s website.

The new accounting standard deals with Murabaha and Other Deferred Payment Sales. The four exposure drafts are:

• Financial Reporting for Sukuk Holders
• Risk Reserves
• Sale of Debt
• Investment Agency (Al-Wakala Bi Al-Istithmar)

The AAOIFI has published three separate press releases for the documents (all in the English language):

• Press release on the final standard the the drafts on sukuk holders and risk reserves
• Press release on sales of debt
• Press release on investment agencies

A summary of the agenda is set out below:

Agenda papers for the meeting are available on the IASB website.

The full agenda for the meeting is sum­marised below:

Agenda papers for this meeting will be posted in due course on the IASB's website.

The case study report provides illustrations before and after the companies implemented a change in the way they communicated the information and connects the changes to relevant principles within the IASB’s Discussion Paper Disclosure Initiative — Principles of Disclosure.

For more information, see the press release and case study report on the IASB’s website.

The 2017 IFRS taxonomy is identical to the one issued by the IFRS Foundation on 9 March 2017 and is consistent with IFRSs issued by the IASB as of 1 January 2017.

For more in­for­ma­tion, see the an­nounce­ment on the SEC’s Web site.

The webcast is available on the IFRS 9 im­ple­men­ta­tion page on the IASB’s website.

To complicate matters, the effective date for the adoption of the new IFRS financial reporting framework (SG-IFRS) also coincides with the effective dates of two major accounting standards, SG-IFRS 15 Revenue from Contracts with Customers and SG-IFRS 9 Financial Instruments. Therefore, the ISCA has developed a roadmap to provide guidance on how to navigate the maze of accounting change that the IFRS convergence requires. It also highlights key considerations for entities converging to SG-IFRS.

Please click to download the roadmap here.

The International Integrated Reporting Council (IIRC) and the Institute of Chartered Accountants of Scotland (ICAS) have published a new report describing how businesses can achieve Sustainable Development Goals (SDGs). The report argues that corporate reporting frameworks can play a critical role in enhancing corporate contribution to the SDGs. Please click to download the report from the IIRC website.

The World Business Council for Sustainable Development (WBCSD) has launched the Reporting Exchange, a free, online platform designed to help businesses find trustworthy, up to date and accessible sustainability-related information – making it easier for businesses to know what, when and how to report. The Reporting Exchange can be accessed here.

The Sustainability Accounting Standards Board (SASB) has opened its full suite of sustainability reporting guidelines to public comment. The exposure drafts, which impact 79 industries, are open for a 90-day public comment period. They can be accessed through the press release on the SASB website.

The SASB and the Climate Disclosure Standards Board (CDSB) have released a paper outlining how the two organisations are aligning with the G20 Task Force on Climate-related Financial Disclosures' (TCFD) recommendations. Converging on Climate Risk: CDSB, the SASB, and the TCFD can be downloaded from the CDSB website.

Japan's Ministry of Economy, Trade and Industry (METI) has formulated guidance for integrated corporate disclosure to encourage ESG integration and non-financial information disclosure and investment in intangibles. The English language guidance is available through the press release on the METI website.

The Global Reporting Initiative (GRI) celebrates its 20th anniversary and has created a special 20th Anniversary hub with more information about GRI's role in driving global change over the past two decades. Please click to access the hub.