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  • Supplementary ISSB meeting next week

    31 Mar 2023

    The IFRS Foundation has announced a supplementary meeting of the International Sustainability Standards Board (ISSB) to be held on 4 April by video conference.

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  • March 2023 IASB meeting notes posted

    28 Mar 2023

    The IASB met in London from 20-23 March 2023. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting.

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    ISSB (International Sustainability Standards Board) (blue) Image

  • Updated IASB and ISSB work plan — Analysis (March 2023)

    27 Mar 2023

    Following the IASB's and ISSB's March 2023 meetings, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meetings and other developments since the work plan was last revised in February 2023. Two new projects, one for the IASB and one for the ISSB, have been added to the work plan.

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  • March 2023 ISSB meeting notes posted

    27 Mar 2023

    The ISSB met via video conference on 16 March 2023. We have posted our comprehensive Deloitte observer notes for all projects discussed during the meeting.

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  • 2023 IFRS Accounting Taxonomy issued

    23 Mar 2023

    The IFRS Foundation has issued its 2023 IFRS Accounting Taxonomy. The IFRS Taxonomy enables electronic reporting of financial information prepared in accordance with IFRS Accounting Standards.

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  • IASB proposes amendments regarding the classification and measurement of financial instruments

    21 Mar 2023

    The International Accounting Standards Board (IASB) has published an exposure draft 'Amendments to the Classification and Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFRS 7)' to address matters identified during the post-implementation review of the classification and measurement requirements of IFRS 9 'Financial Instruments'. Comments are requested by 19 July 2023.

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  • EC tells EFRAG to concentrate on the implementation of Set 1 of the ESRS

    22 Mar 2023

    On 22 November 2022, the European Financial Reporting Advisory Group (EFRAG) submitted its first set of draft European Sustainability Reporting Standards (ESRS) to the European Commission (EC) and began working on Set 2 of the ESRS, which would contain sector-specific standards. EFRAG has now been told to concentrate on providing additional guidance on how to apply the proposed standards in Set 1.

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  • IFRS Foundation seeks new SMEIG members

    07 Mar 2023

    The IFRS Foundation Trustees are currently seeking nominations for membership of the SME Implementation Group (SMEIG), which supports the international adoption of the 'International Financial Reporting Standards for Small and Medium-sized Entities' (IFRS for SMEs) and monitors its implementation.

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  • Updated IPSAS-IFRS alignment dashboard

    06 Mar 2023

    The International Public Sector Accounting Standards Board (IPSASB), which develops the International Public Sector Accounting Standards (IPSAS) for financial reporting by governments and other public sector entities, has released an updated IPSAS-IFRS alignment dashboard showing how far individual IPSAS are aligned with corresponding IFRSs.

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  • Report on the January 2023 interim IFASS meeting

    02 Mar 2023

    A report has been issued summarising the discussions at the interim meeting of the International Forum of Accounting Standard Setters (IFASS) held by remote participation on 12 January 2023.

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  • IFRS Foundation and FASF of Japan sign Memorandum of Understanding

    01 Mar 2023

    During the meeting of the Trustees of the IFRS Foundation currently taking place in Tokyo, Japan, the Trustees and the Financial Accounting Standards Foundation (FASF) of Japan have signed a Memorandum of Understanding (MoU) which extends financial support to the IFRS Foundation by the FASF.

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  • GPF seeks members

    28 Feb 2023

    The Global Preparers Forum (GPF) is seeking new members with an emphasis for candidates based in emerging economies, North America, and South America with experience in the technology and/or media sectors.

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  • Deloitte response to the survey on the need for GHG protocol corporate standards and guidance updates

    published 22 Mar 2023

    In our response, we emphasise aspects of the GHGP for which we believe there is a need for greater consistency. In particular, we recommend that that the Corporate Standard should use terminology from widely-adopted financial reporting standards – notably IFRS Accounting Standards and U.S. GAAP, to the extent possible. We believe this is particularly important to promote connectivity of GHG emissions disclosures with financial reporting.

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  • Technology Industry Accounting Guide (2023)

    published 14 Mar 2023

    The 2023 inaugural edition of Deloitte’s Technology Industry Accounting Guide addresses topics of relevance to finance and accounting professionals in the technology industry, such as revenue recognition, software-related costs, acquisitions and divestitures, consolidation, stock-based compensation, leases, financial instruments, income taxes, digital assets, initial public offerings, and disclosures of non-GAAP measures and metrics. To help technology entities work through some of the more difficult accounting and financial reporting issues related to these and other relevant topics, this Guide includes interpretive guidance, illustrative examples, and discussion of recent standard-setting developments (through February 28, 2023).

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  • IFRS on Point — February 2023

    published 07 Mar 2023

    IFRS on Point highlights critical financial reporting developments and main IFRS-related news stories of the previous month.

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