IFRS S1 sets out overall requirements with the objective to require an entity to disclose information about its sustainability-related risks and opportunities that is useful to the primary users of general purpose financial reports in making decisions relating to providing resources to the entity.

Please click to access the Spanish translation of the standard on the IFRS Foundation website.

The ITCG will discuss the following topics:

• Update on the digital reporting activities and taxonomy workplan
• IFRS Accounting Taxonomy — Subsidiaries without public accountability: Disclosures
• Proposed IFRS Sustainability Disclosure Taxonomy
• EFRAG: ESRS XBRL Taxonomy
• IFRS Accounting Taxonomy — IFRS 18

The agenda papers for this meeting are available on the IASB website.

The strategic objective of the IPSASB is stated as strengthening public financial management and sustainable development globally through increasing adoption and implementation of accrual IPSAS and International Public Sector Sustainability Reporting Standards.

The new work plan and strategy proposes rebalancing of the financial reporting work programme towards the maintenance of IPSAS by putting a post-implementation review process in place and by establishing an Application Panel to support current and future IPSAS users. The new strategy also assumes that the IPSASB moves ahead with its decision to develop International Public Sector Sustainability Reporting Standards

Please click to access the proposed strategy and work plan and supporting material on the IPSASB website. Comments are requested by 15 February 2024.