IFRS Foundation and Value Reporting Foundation consolidation delayed by one month
29 Jun 2022
The consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation just approved last week has been delayed by one month. The consolidation will now become effective on 1 August 2022.
The press release on the IFRS Foundation website notes that the extra month is needed to finalise the remaining procedures necessary to complete the legal consolidation.