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ISSB Reports on Global Climate Reporting Adoption

November 17, 2024

This week the IFRS Foundation released its 2024 progress report on corporate climate reporting that it has made to the Financial Stability Board. The 2024 report showcases significant progress in global climate-related disclosure practices, following the integration of TCFD guidance into the ISSB Standards.

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Streamlined reporting: how to make one Inline XBRL document work for everyone

November 17, 2024

Missed our recent webinar? Don’t worry! The recording is ready, and it’s packed with insights. In this session, Dr Ben Russell from CoreFiling and Catalina Ibañez from AMANA tackled a question that’s top of mind for many: how to use a single Inline XBRL (iXBRL) document to meet multiple reporting requirements.

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FASB invites feedback on proposed 2025 GAAP taxonomy improvements

November 17, 2024

The Financial Accounting Standards Board (FASB) has released proposed updates for the 2025 GAAP Financial Reporting Taxonomy (GRT) Reference Project and the Meta Model Relationships Taxonomy, inviting public comment.

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Who’s on board? A guide to global sustainability standard adoption

November 17, 2024

Deloitte’s IFRS Global Office has recently published a comprehensive update on where countries around the world stand with adopting the ISSB’s new sustainability standards. Released on 8 November 2024, this overview breaks down, in an easy-to-follow table, the status of each jurisdiction’s adoption journey, including timelines, approaches, assurance requirements, and the types of entities affected […]

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Smooth and steady: guidance for effective XBRL filing roll-outs now available

November 17, 2024

 XBRL International’s Best Practices Board (BPB) has released new draft guidance on rolling out an XBRL filing programme, now open for public comment. This guidance tackles the challenge of launching a successful digital reporting programme that meets regulators’ needs for accurate, timely data while easing the burden on filers.

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GLEIF celebrates a decade of progress in the global LEI system

November 17, 2024

The Global Legal Entity Identifier Foundation (GLEIF) is celebrating ten years of the Global Legal Entity Identifier (LEI) System—a game-changer in global business transparency and security.

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Six big ideas from the integrated reporting and thinking conference

November 17, 2024

The IFRS Foundation’s 2024 Integrated Reporting and Thinking Conference, held recently in Milan, highlighted how integrated reporting is reshaping corporate transparency and governance, especially as companies implement new sustainability standards.

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draft of climate disclosure standards for the public sector.

IPSASB releases first draft of climate disclosure standards for the public sector. 

November 10, 2024

The International Public Sector Accounting Standards Board (IPSASB) has unveiled its draft of its climate-related disclosure standard tailored for the public sector, inviting feedback from the global community until 28 February 2025.

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FASB Icons

FASB invites input on business combinations and software-related disclosures

November 10, 2024

The Financial Accounting Standards Board (FASB) is inviting stakeholders to provide feedback on proposed updates to the Generally Accepted Accounting Principles (GAAP) Taxonomy for two key areas: accounting for internal-use software and transactions involving variable interest entities (VIEs) in business combinations.

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IASB seeks feedback on reporting standards for intangible assets

IASB seeks feedback on reporting standards for intangible assets

November 10, 2024

The International Accounting Standards Board (IASB) is requesting input from stakeholders on how intangible assets, such as brand value and internally developed technology, should be reported. Through a public survey, IASB is exploring potential updates to IAS 38, which governs the reporting of intangibles.

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