News
Summary of the March 2024 ASAF meeting now available
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
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
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)
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
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.
ISSB publishes digital sustainability taxonomy
The International Sustainability Standards Board (ISSB) has published the IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy) to help investors analyse sustainability disclosures efficiently.
Updated IASB and ISSB work plan — Analysis (April 2024)
Following the IASB and ISSB meetings this month, 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 March 2024. Several projects have been completed and one new project on intangibles has been added.
IFRS Foundation publishes its 2023 annual report
The IFRS Foundation has published its annual report and audited financial statements for the year ended 31 December 2023.
ISSB publishes April 2024 podcast
The International Sustainability Standards Board (ISSB) has released a podcast hosted by ISSB Chair Emmanuel Faber and Vice-Chair Sue Lloyd discussing the latest developments from the ISSB.
Agenda for the April 2024 SCC meeting
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.
April 2024 ISSB meeting notes posted
The ISSB met on 23 April 2024 in Frankfurt. We have posted our comprehensive Deloitte observer notes for the project discussed during the meeting.
IASB takes up research project on intangibles
The new project aims to comprehensively review the accounting requirements for intangibles. Initial research will seek to define the project’s scope and explore how best to stage work on this topic to produce timely improvements to IFRS Accounting Standards.
ISSB decides to begin research projects on biodiversity and human capital
In its meeting today, the International Sustainability Standards Board (ISSB) has decided to start two new research projects: a project on biodiversity, ecosystems and ecosystem services, and a project on human capital.
EIOPA report on the impact of IFRS 17 in the insurance sector
The European Insurance and Occupational Pensions Authority (EIOPA) has released a report examining the implementation of IFRS 17 'Insurance Contracts' in the EU. The report evaluates the adoption of IFRS 17 by insurance undertakings and compares the calculation of insurance liabilities under IFRS 17 with the Solvency II framework.
Pre-meeting summaries for the April 2024 ISSB meeting
The ISSB will meet in Frankfurt on 23 April 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the ISSB’s decision making more closely. We summarised the agenda papers made available by the ISSB staff and point out the main issues to be discussed by the ISSB and the staff recommendations.
Pre-meeting summaries for the April 2024 IASB meeting
The IASB will meet in London on 22-25 April 2024. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. We summarised the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations.
First set of ESRSs published in the Official Journal of the European Union
After the European Parliament adopted the first set of European Sustainability Reporting Standards (ESRSs) on 18 October 2023 and the Council of the European Union gave the final green light, the first set of ESRSs has now been published in the Official Journal of the European Union.
Standard setters discuss understandability of accounting standards
At the meeting of the International Forum of Accounting Standard Setters (IFASS) currently being held in Seoul, the standard setters discussed research on the understandability of accounting standards.
New GPF member appointed
The Global Preparers Forum (GPF) has appointed a new member, Emmanuelle Guyomard, to serve an initial five-year term.
AI in standard setting
At the meeting of the International Forum of Accounting Standard Setters (IFASS) currently being held in Seoul, the standard setters discussed whether and how artificial intelligence (AI) can be used in standard setting.