All you need on UK Accounting, Reporting & Corporate Governance
  • Monitoring Board (blue) Image

  • IFRS Foundation Monitoring Board welcomes progress of standard-setting activities

    12 Jun, 2024

    During the meeting of the IFRS Foundation Monitoring Board in Singapore last week, the Monitoring Board welcomed the progress of the IASB and the ISSB in their standard-setting activities. The Monitoring Board also noted the importance of rigorous due process in the development of high-quality IFRS Accounting Standards and IFRS Sustainability Disclosure Standards.

  • ISSB meeting Image

  • Pre-meeting summaries for the June 2024 ISSB meeting

    10 Jun, 2024

    The ISSB will meet in a hybrid format (virtual and in Frankfurt) on 12 June 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.

  • IASB meeting (blue) Image

  • June 2024 IASB meeting agenda posted

    07 Jun, 2024

    The IASB has posted the agenda for its next meeting, which will be held in its offices in London on 19–21 June 2024 and will include a joint session with the FASB via video conference on 21 June 2024. There are nine topics on the agenda.

  • IASB (International Accounting Standards Board) (blue) Image

  • IASB calls for academic contributions to 2025 Research Forum

    06 Jun, 2024

    The IASB has announced a call for paper for its 2025 IASB Research Forum, set to convene at the University of Paderborn in Germany on 6–7 November 2025. This event, held in conjunction with the academic journal 'Accounting Horizons', provides a significant platform for scholars to contribute to the disclourse on contemporary issues in accounting.

  • ISSB meeting Image

  • June 2024 ISSB meeting agenda posted

    03 Jun, 2024

    The International Sustainability Standards Board (ISSB) has posted the agenda for its meeting, which will be held in a hybrid format (virtual and in Frankfurt) on 12 June 2024. The ISSB will be discussing the enhancement of the Sustainability Accounting Standards Board (SASB) standards.

News RSS Feed  Link
 
  • IVSC (International Valuation Standards Council) (lt green) Image

  • IVSC perspectives paper on tangible assets

    12 Jun, 2024

    The International Valuation Standards Council (IVSC) has issued a new perspectives paper focusing on the inspection of tangible assets in the valuation process.

  • IPSASB (International Public Sector Accounting Standards Board) (mid gray) Image

  • IPSASB develops climate-related disclosure standard for the public sector

    12 Jun, 2024

    The International Public Sector Accounting Standards Board (IPSASB), with support from the World Bank, is currently developing a climate-related disclosures standard for the public sector. This will be the first IPSASB Sustainability Reporting Standard (IPSASB SRS) and a draft for public comment is expected in Q4 2024.

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

  • EFRAG publishes May 2024 issue of EFRAG Update

    07 Jun, 2024

    EFRAG (formerly the European Financial Reporting Advisory Group) has published an ‘EFRAG Update’ summarising public technical discussions held and decisions made during May 2024.

  • MCCG meeting Image

  • Meeting summary of the May 2024 MCCG meeting

    06 Jun, 2024

    The IASB's Management Commentary Consultative Group (MCCG) met on 21 May 2024 via video conference. A summary of the discussions at the meeting is now available.

  • Event (blue) Image

  • Two workshops on IFRS 18 for academics

    06 Jun, 2024

    The IASB, together with academic partners, is offering two workshops that will provide an overview of IFRS 18 'Presentation and Disclosure in Financial Statements' and are intended to stimulate academic research that will be useful for the post-implementation review of IFRS 18.

News RSS Feed  Link
 
  • IFRS on Point — May 2024 Image

  • IFRS on Point — May 2024

    published 07 Jun, 2024

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

  • EFRAG endorsement status report 31 May 2024 Image

  • EFRAG endorsement status report 31 May 2024

    published 31 May, 2024

    The endorsement status report has been updated to reflect that the IASB has issued 'Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)'.

  • EFRAG endorsement status report 27 May 2024 Image

  • EFRAG endorsement status report 27 May 2024

    published 27 May, 2024

    The endorsement status report has been updated to now also reflect that the IASB has issued IFRS 19 'Subsidiaries without Public Accountability: Disclosures'. However, a footnote indicates that EFRAG has yet to receive the request for endorsement advice from the European Commission.

  • CRI - D&I Image

  • Corporate Reporting Insights — Diversity and Inclusion: Are companies achieving the targets in the new Listing Rule?

    published 26 May, 2024

    Society is demanding progress on many social issues and expects businesses to reflect this. Regulators are responding, setting out expectations for greater transparency. One of these key issues is diversity and inclusion, where the Financial Conduct Authority (FCA) recently introduced a requirement for listed companies to provide disclosures on board and executive management diversity. The disclosures were mandatory for the first time for December reporters for their 2023 annual reports. So, how are companies measuring up to society’s and the regulator’s expectations? Explore our new Corporate Reporting Insights (CRI) report on Diversity and Inclusion to find out.

  • Governance in focus — Risk, controls and assurance: a framework for the new material controls declaration Image

  • Governance in focus — Risk, controls and assurance: a framework for the new material controls declaration

    published 22 May, 2024

    On 22 January 2024, the Financial Reporting Council (FRC) issued the much anticipated updated UK Corporate Governance Code (“the Code”) following a consultation last year as part of the ‘Restoring trust in audit and corporate governance’ reform package. With the ultimate aim of strengthening board accountability for the effectiveness of the risk and internal control framework, under the revised Provision 29, boards will be required to provide a declaration of effectiveness of the material controls as at the balance sheet date for accounting periods commencing on or after 1 January 2026.

  • Need to know - Amendments to FRS 102 - Periodic review 2024 Image

  • Need to know — Amendments to FRS 102 - Periodic review 2024

    published 22 May, 2024

    This 'Need to know' outlines the amendments to FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and to other UK financial reporting standards, published by the Financial Reporting Council (FRC) in March 2024 as part of its periodic review of the UK financial reporting framework.

  • 17-May Image

  • EFRAG endorsement status report 17 May 2024

    published 17 May, 2024

    The endorsement status report has been updated to reflect that European Union has endorsed 'Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)' issued by the IASB in May 2023.

  • More publications
    • Publication RSS Feed  Link
     

    • IASB Meeting — 19–21 June 2024

      Start: 19 Jun, 2024 - End: 21 Jun, 2024

      The IASB will meet in its offices in London on 19–21 June 2024 and will hold a joint meeting with the FASB via video conference on 21 June 2024.

    • ISSB Meeting — 12 June 2024

      Start: 12 Jun, 2024 - End: 12 Jun, 2024

      The ISSB will meet in a hybrid format (virtual and in Frankfurt) on 12 June 2024.

  • More meetings
    •  

    Correction list for hyphenation

    These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.