This week the International Sustainability Standards Board (ISSB) announced plans for harmonising the sustainability disclosure landscape during the IFRS Foundation Conference at London Climate Action Week.
On 19 June, the International Accounting Standards Board (IASB) unanimously agreed to finalise the revision of IFRS Practice Statement 1 Management Commentary.
Last week the Global Reporting Initiative (GRI) and the IFRS Foundation announced an enhanced collaboration aimed at creating full interoperability between GRI and ISSB standards.
The IFRS Foundation has announced a new webinar series, ‘Perspectives on sustainability disclosure,’ aimed at helping market participants navigate sustainability reporting. Kicking off this month, these webinars will feature expert presentations and engaging discussions designed for both new and seasoned preparers.
The IFRS Foundation has released Simplified Chinese translations of IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, along with accompanying documents, further enhancing the accessibility and global adoption of sustainability reporting standards.
The International Accounting Standards Board (IASB) has wrapped up its project on Business Combinations under Common Control (BCUCC) with the publication of a project summary – the main takeaway being: no action is the way forward.
This week the International Accounting Standards Board (IASB) released its newest standard, IFRS 18 – Presentation and Disclosure in Financial Statements.
In the ever-evolving landscape of financial reporting, the transition to digital has been a crucial shift to streamline processes, enhance; comparability and improve analysis, benefiting investors and stakeholders alike.
The IFRS Foundation has published the 2024 IFRS Accounting Taxonomy, facilitating the digital reporting of financial information aligned with IFRS Accounting Standards. This release enables companies to efficiently tag disclosures, enhancing accessibility for investors.
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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