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Financial Stability Board launches surveillance framework

October 8, 2021

The Financial Stability Board (FSB) has published a new Financial Stability Surveillance Framework, with a focus on understanding and classifying vulnerabilities.

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Intangibles a hot topic for standards setters

October 8, 2021

At the September meeting of the International Forum of Accounting Standard Setters (IFASS), held virtually, one of the focal points was intangible assets.

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IASB presents new approach to meeting investors’ information needs

October 8, 2021

For some time, the International Accounting Standards Board (IASB) has been developing and testing a pilot approach to develop disclosure requirements such that they better meet investors’ needs.

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Comparing executive remuneration disclosures worldwide

October 8, 2021

How does your country measure up when it comes to remuneration reporting? The Australian Accounting Standards Board (AASB) has published an interesting comparative review of executive remuneration disclosure requirements across nine jurisdictions, including Australia.

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EFRAG insights on reporting sustainability risks and opportunities and linkages to the business model

October 8, 2021

The European Financial Reporting Advisory Group (EFRAG) Project Task Force on the reporting of non-financial risks and opportunities and linkage to the business model (PTF RNFRO) has published a new report, connecting sustainability concerns with financial performance.

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BIS and central banks explore digital currencies.

October 8, 2021

In recent days the Bank for International Settlements (BIS) has published a bumper crop of reports offering insights on aspects of central bank digital currencies (CBDCs), in collaboration with a number of central banks.

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SASB Standards XBRL Taxonomy now available for machine-readable ESG reporting

October 1, 2021

The Value Reporting Foundation has officially released the SASB Standards XBRL Taxonomy, in an important step forward for structured sustainability reporting

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Updates from South Africa: XBRL for state-owned companies, plus new taxonomy and data quality framework

October 1, 2021

July 2021 saw the third anniversary of the implementation of Inline XBRL for financial reporting in South Africa.

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EFRAG publishes rationale behind climate disclosure standards

October 1, 2021

The European Financial Reporting Advisory Group (EFRAG) recently published its ‘Climate standard prototype’ working paper, setting out its current thinking on climate-related reporting standards. It has now released its accompanying ‘Basis for Conclusions,’ discussing the rationale behind the draft standards in substantial detail, from objectives and scope to specific climate policies, targets and metrics.

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IASB chair on impressions, intentions and intangibles

October 1, 2021

Andreas Barckow, the new Chair of the International Accounting Standards Board (IASB), delivered his inaugural speech on 27 September 2021, at the World Standard-setters Virtual Conference.

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