As reported earlier, among the topics discussed at the meeting were the UKEB research on goodwill subsequent measurement and jurisdictional perspectives on sustainability reporting.

The full list of topics discussed at the meeting was:

• Overview of research on goodwill subsequent measurement (UKEB)
• Financial instruments
  • Post-implementation review of classification and measurement (AASB)
  • ESG-linked financial instruments (FASB)
  • FVOCI recycling and impairment (OIC)
• Break-out sessions on how to improve cash flow reporting
• Post-implementation review of IFRS 15 (IASB and EFRAG)
• Jurisdictional perspectives on sustainability reporting: Climate-related risk
  
  • ESRS E1 Climate Change (EFRAG)
  • Consultation Advancing Public Sector Sustainability Reporting (IPSASB)
  • Proposed rule on climate-related risk (SEC)
  • Panel discussion moderated by the ISSB Vice-Chair with panel members from AASB, FRC, ICPAK, KASB, and SSBJ
• Looking ahead – What’s next after climate? (TNFD)
• Digital assets
  • Panel discussion of key developments and implications with members from AcSB, ASBJ, EFRAG, and FASB
• Second comprehensive review of the IFRS for SMEs
  • Introduction by IASB
  • Introduction by IFR4NPO
  • Panel discussion with members from IASB, Argentina, PAFA, Sri Lanka, and FRC

The next meeting will be a virtual interim meeting which is to be held on 12 January 2023.

Please click for the full report from the meeting.

ED 83 Reporting Sustainability Program Information — RPGs 1 and 3: Additional Non-Authoritative Guidance aims to demonstrate how RPG 1 Reporting on the Long-Term Sustainability of an Entity’s Finances and RPG 3 Reporting Service Performance Information can be immediately applied to report on sustainability programme information. Additional implementation guidance is proposed, along with illustrative examples on such key topics as green bonds, carbon taxes, tax expenditures, and other programmes developed to mitigate the effects of climate change and achieve the UN’s Sustainable Development Goals.

Comments on the ED are requested by 16 January 2023. Please click for additional information and access to the ED in the press release on the IPSASB website.

The decisions in this compilation relate to IFRS 2/IAS 32, IFRS 9/IFRS 16, IFRS 15, IFRS 17, IFRS 17/IAS 21, IAS 32, and IAS 37.

The IFRS Foundation initiated the compilation series in October 2019 and will continue it by publishing new volumes biannually in April and October. For more information, see the press release and compilation on the IASB website.

On Thursday this week, ISSB members will discuss sources of guidance to identify sustainability-related risks and opportunities and disclosures. The additional paper to be discussed is available on the IFRS Foundation website.

The IRCC will advise the IFRS Foundation Trustees, the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) on how reporting required by the IASB and the ISSB could be integrated, and how the IASB and the ISSB could consider applying principles and concepts from the integrated reporting framework to their projects.

A list of the members and a corresponding press release are available on the IFRS Foundation website.