The Digital Operational Resilience Act (DORA) continues to be an area of focus for both EU regulated firms and their service providers.
The International Federation of Accountants (IFAC) has published a report outlining four key areas where accountants need to enhance their knowledge to meet the escalating demand for sustainability-related information.
This week the International Accounting Standards Board (IASB) released its newest standard, IFRS 18 – Presentation and Disclosure in Financial Statements.
The Securities and Exchange Commission (SEC) have decided to hit pause on the implementation of the Final Rules regarding climate-related disclosures for investors. Originally set to kick in from 2026, the effective date has been postponed while the (varied!) legal challenges are dealt with.
In response to evolving challenges in the financial landscape, the International Organisation of Securities Commissions (IOSCO) has unveiled its updated work plan for 2024. This revised plan introduces fresh initiatives aimed at addressing emerging trends, including, among others, artificial intelligence (AI) and green finance.
The European Insurance and Occupational Pensions Authority (EIOPA) recently released a report examining the implementation of the new insurance accounting standard, IFRS 17, in the EU. The report evaluates the adoption of IFRS 17 by insurance undertakings and compares the calculation of insurance liabilities under IFRS 17 with the Solvency II framework.
On 9 April the US Public Company Accounting Oversight Board (PCAOB) released a proposal to significantly enhance a range of metrics that audit firms will need to publicly disclose on an annual basis.
The European Financial Reporting Advisory Group (EFRAG) is gearing up to provide guidance to assist companies in disclosing their transition plans in alignment with the European Single Reporting Standards (ESRS).
The European Supervisory Authorities (ESAs) are gearing up for the next phase of implementing the Digital Operational Resilience Act (DORA) by initiating a voluntary dry run exercise in May.
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.
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