The IFRS Foundation has just released a marked-up edition of the IFRS for SMEs Accounting Standard, showing exactly what’s changed from the previous version. If you’re working on implementation or just trying to keep up, it’s a very usefull way to see what’s new without digging through two editions side by side.
At its latest meeting in London, the IFRS Foundation Monitoring Board reinforced its commitment to strong governance and oversight of global accounting and sustainability disclosure standards. Discussions focused on the work of the IFRS Foundation Trustees in overseeing both the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB).
The International Accounting Standards Board (IASB) has published a significant update to the IFRS for SMEs Accounting Standard, used widely across 85 global jurisdictions.
The IFRS Foundation’s ITCG, or IFRS Taxonomy Consultative Group met this week and at the top of the agenda was a run down on ESMA’s consultation on the digitisation of sustainability and further financial disclosures.
Financially material sustainability reporting continues to gain momentum worldwide. In Doha this week, the Qatar Financial Centre Regulatory Authority convened the fifth IOSCO/IFRS capacity building workshop, bringing together regulators from across the Middle East and North Africa who will be shaping and supervising sustainability disclosures in the years ahead.
The International Financial Reporting Standards (IFRS) Foundation is hosted the seventh episode of its ‘Perspectives on Sustainability Disclosure’ webinar series yesterday. This session focussed on how businesses can prepare greenhouse gas (GHG) emissions disclosures under IFRS S2 Climate-related Disclosures, aligning with the Greenhouse Gas Protocol (GHGP).
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.
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 […]
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.
IASB technical staff Gustavo Olinda and Karen Robson recently presented a webcast on the Exposure Draft Climate-related and Other Uncertainties in the Financial Statements.
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