-
-
May 2024 IASB meeting agenda posted
10 May 2024
The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 20 and 22 May 2024. There are five topics on the agenda.
-
-
IASB issues new standard providing a reduced disclosure framework for subsidiaries
09 May 2024
The International Accounting Standards Board (IASB) has published the new standard IFRS 19 'Subsidiaries without Public Accountability: Disclosures', which permits a subsidiary to provide reduced disclosures when applying IFRS Accounting Standards in its financial statements. IFRS 19 is optional for subsidiaries that are eligible and sets out the disclosure requirements for subsidiaries that elect to apply it. The new standard is effective for reporting periods beginning on or after 1 January 2027 with earlier application permitted.
-
-
IASB proposes amendments to IFRS 9 and IFRS 7 regarding power purchase agreements
08 May 2024
The International Accounting Standards Board (IASB) has published an exposure draft IASB/ED/2024/3 'Contracts for Renewable Electricity (Proposed amendments to IFRS 9 and IFRS 7)'. Comments are requested by 7 August 2024.
-
-
May 2024 ISSB meeting agenda posted
08 May 2024
The International Sustainability Standards Board (ISSB) has posted the agenda for its meeting, which will be held in Montreal on 16 May 2024. The ISSB will be discussing its consultation on agenda priorities, maintenance of the SASB standards and supporting the implementation of IFRS S1 and IFRS S2.
-
-
ISSB and EFRAG publish 'ESRS — ISSB Standards Interoperability Guidance'
02 May 2024
The International Sustainability Standards Board (ISSB) and EFRAG (formerly the European Financial Reporting Advisory Group) have published guidance to illustrate the high level of alignment achieved between the ISSB standards and the European Sustainability Reporting Standards (ESRS).
-
-
Summary of the March 2024 ASAF meeting now available
01 May 2024
The IASB staff have published a summary of the Accounting Standards Advisory Forum (ASAF) meeting held in London on 25–26 March 2024.
-
-
IFRS Foundation publishes tenth compilation of IFRS Interpretations Committee agenda decisions
01 May 2024
The IFRS Foundation has issued “Compilation of Agenda Decisions — Volume 10” which contains all the agenda decisions made by the IFRS Interpretations Committee from November 2023 to April 2024.
-
-
IASB to host live webinars on IFRS 18 implementation
01 May 2024
The IASB is set to host a series of live webinars aimed at facilitating a comprehensive understanding of the recently introduced IFRS 18 'Presentation and Disclosure in Financial Statements'. These webinars will provide stakeholders with valuable insights into the nuances of the new requirements and offer a platform for interactive discussion.
-
-
IASB issues podcast on latest Board developments (April 2024)
30 Apr 2024
The IASB has released a podcast hosted by Executive Technical Director Nili Shah featuring IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter discussing the deliberations held during the April 2024 IASB meeting.
-
-
April 2024 IASB meeting notes posted
30 Apr 2024
The IASB met in London on 22-25 April 2024. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting.
News RSS Feed Link
-
-
IFRS Foundation survey on digital content
10 May 2024
The IFRS Foundation is exploring options for introducing an epub service and is seeking feedback on the current service, and input on possible new products and their features.
-
-
Agenda for the May 2024 Emerging Economies Group meeting
09 May 2024
The IASB Emerging Economies Group (EEG) will meet in Taiyuan, China on 28–29 May 2024. An agenda for the meeting is now available.
-
-
IASB begins webcast series on the goodwill and acquisitions exposure draft
08 May 2024
The IASB has released the first webcast in a series that features IASB members and technical staff taking a detailed look into the proposed improvements to the disclosure requirements about acquisitions and the impairment testing of cash-generating units containing goodwill.
-
-
ISSB standards available in Simplified Chinese
07 May 2024
The IFRS Foundation has published a Simplified Chinese translation of IFRS S1 'General Requirements for Disclosure of Sustainability-related Financial Information' and IFRS S2 'Climate-related Disclosures'. The documents accompanying IFRS S1 and IFRS S2 have also been translated into Simplified Chinese.
-
-
Agenda for the May 2024 Islamic Finance Consultative Group meeting
02 May 2024
An agenda has been released for the meeting of the Islamic Finance Consultative Group that will be held virtually and in Manama, Bahrain on 8–9 May 2024.
-
-
Korea consults on sustainability disclosure standards based on the ISSB standards
02 May 2024
The Korea Sustainability Standards Board (KSSB) has published an exposure draft (ED) proposing sustainability disclosure standards based on IFRS S1 and IFRS S2. The comment period for the ED ends on 31 August 2024.
-
-
IFRS Foundation Trustees and Due Process Oversight Committee hold February 2024 meetings
02 May 2024
The IFRS Foundation Trustees met on 28–29 February 2024 and the Due Process Oversight Committee (DPOC) met on 27 February 2024. Both meetings were held in Madrid.
-
-
IPSASB finalises non-substantive changes to its standards
02 May 2024
The International Public Sector Accounting Standards Board (IPSASB) has published 'Improvements to IPSAS, 2023'.
-
-
EFRAG draft comment letter on the proposed amendments aimed at enhanced information on acquisitions
02 May 2024
EFRAG (formerly the European Financial Reporting Advisory Group) has issued a draft comment letter on the IASB's proposed amendments around business combinations, goodwill and impairment.
-
-
Agenda for the April 2024 SCC meeting
26 Apr 2024
An agenda has been released for the meeting of the Sustainability Consultative Committee that will be held via video conference call on 29 April 2024.
News RSS Feed Link
-
-
On the Radar — Segment reporting
published 10 May 2024
This publication briefly summarizes issues an entity must consider when applying the accounting guidance in ASC 280.
-
-
Roadmap: Segment Reporting (2024)
published 10 May 2024
This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance in ASC 280.
-
-
iGAAP in Focus — Financial reporting: IASB proposes amendments for contracts to buy or sell renewable electricity that have specified characteristics
published 09 May 2024
This 'iGAAP in Focus' outlines the proposed amendments to IFRS 9 'Financial Instruments' and IFRS 7 'Financial Instruments: Disclosures' set out in exposure draft 'Contracts for Renewable Energy', published by the International Accounting Standards Board (IASB) on 8 May 2024.
-
-
IFRS on Point — April 2024
published 07 May 2024
'IFRS on Point' highlights critical financial and sustainability reporting developments and main IFRS-related news stories of the previous month.
-
-
New Era of Climate Disclosure for Hong Kong Listed Companies
published 02 May 2024
On 19 April 2024, the Hong Kong Stock Exchange released 'Consultation Conclusions on Enhancement of Climate-related Disclosures under the Environmental, Social and Governance Framework' laying out new requirements in respect of climate-related disclosures. This publication discusses the conclusions.
-
-
Health Tech Industry Accounting Guide (April 2024)
published 30 Apr 2024
The fifth edition of this guide identifies and provides guidance on the most difficult technical accounting issues associated with the convergence of the technology and health care/life sciences industries. It also offers perspectives on recent health tech investment trends related to women’s health.
-
-
Heads Up — FASB Issues ASU to Remove Concepts Statement References From Codification
published 24 Apr 2024
This Heads Up discusses FASB Accounting Standards Update No. 2024-02, 'Codification Improvements — Amendments to Remove References to the Concepts Statements (ASC)'.
-
-
EFRAG endorsement status report 17 April 2024
published 17 Apr 2024
The endorsement status report has been updated to reflect that the IASB has published IFRS 18 ‘Presentation and Disclosures in Financial Statements’.
-
-
Financial Reporting Alert 24-2, Financial Reporting and Accounting Considerations Related to the Current Commercial Real Estate and Banking Macroeconomic Environment
published 16 Apr 2024
This Financial Reporting Alert addresses accounting and financial reporting considerations related to the impact of the current macroeconomic environment on entities in the commercial real estate (CRE) and banking industries.
-
-
Financial Reporting Alert 24-1, Frequently Asked Questions About “Pillar Two” (Updated)
published 15 Apr 2024
This Financial Reporting Alert provides responses to some frequently asked questions about how an entity should account for the tax effects of the global anti-base erosion model rules (“Pillar Two”) established by the Organisation for Economic Co-operation and Development (OECD). This Financial Reporting Alert has been updated to address additional questions about how an entity should account for the tax effects of the Pillar Two framework.
Publication RSS Feed Link
-
IASB Meeting — 20 and 22 May 2024
Start: 20 May 2024 - End: 22 May 2024
The IASB will meet 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 will meet 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.
-
ISSB Meeting — 21 February 2024
Start: 21 Feb 2024 - End: 21 Feb 2024
The ISSB met in New York City on 21 February 2024.
-
IASB Meeting — 19–22 February 2024
Start: 19 Feb 2024 - End: 22 Feb 2024
The IASB met in its offices in London on 19–22 February 2024.
-
ISSB Meeting — 25 January 2024
Start: 25 Jan 2024 - End: 25 Jan 2024
The ISSB held a joint meeting with the IASB in its offices in London on 25 January 2024.