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Items tagged with "IASB"

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EFRAG briefs on IFRS 19 in the EU

In May this year the International Accounting Standards Board (IASB) issued IFRS 19 Subsidiaries without Public Accountability: Disclosures. The European Financial Reporting Advisory Group (EFRAG) Secretariat has now followed in the footsteps of the SEC and released two updated briefings to provide clarity on the application of IFRS 19 within the EU.

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IASB chair highlights importance of connectivity in reporting

On 15 May Andreas Barckow, Chair of the International Accounting Standards Board (IASB), delivered a keynote address at the European Accounting Association (EAA) Annual Congress, emphasising the emerging importance of “connectivity” in financial reporting.

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SEC responds to new IFRS 19 standard

Last week the US Securities and Exchange Commission (SEC) provided a statement on the application of International Financial Reporting Standard (IFRS) 19, Subsidiaries without Public Accountability: Disclosures. The SEC’s guidance comes in response to the recent publication of IFRS 19 by the International Accounting Standards Board (IASB).

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New standard simplifies subsidiary financial reporting

Last week the International Accounting Standards Board (IASB) launched IFRS 19, a new accounting standard designed to simplify reporting for subsidiaries without public accountability. This new standard allows eligible subsidiaries to utilise the IFRS framework but with reduced disclosure requirements.

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IASB launches transformative IFRS 18 standard

This week the International Accounting Standards Board (IASB) released its newest standard, IFRS 18 – Presentation and Disclosure in Financial Statements.

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Investors take note: IASB outlines acquisitions update

We recently reported on the International Accounting Standards Board’s (IASB) proposed new amendments designed to enhance transparency in acquisition reporting.

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Improving acquisition reporting: IASB’s latest move

In a bid to enhance transparency in acquisition reporting, the International Accounting Standards Board (IASB) has proposed new amendments. The Board published an Exposure Draft last week, aiming to provide investors with better insights into companies’ acquisition strategies and post-acquisition performance.

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IFRS Foundation monitoring board emphasises oversight of standard-setting

In a recent meeting held in Madrid, Spain, the IFRS Foundation Monitoring Board reaffirmed the crucial role of ongoing oversight in governing the standard-setting activities of the IFRS Foundation.

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Introduction to the upcoming IFRS 18 accounting standard

The IASB recently released an informative webcast introducing the forthcoming IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in the Financial Statements. This new standard aims to enhance the reporting of financial performance, addressing investors’ demands for better information.

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ISSB and IASB navigate the path to connectivity

In a recent podcast, Sue Lloyd, Vice Chair of the International Sustainability Standards Board (ISSB), and Linda Maisenbacher, Vice Chair of the International Accounting Standards Board (IASB), give their insights into the outcomes of a Joint Board meeting held in London.

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