The Russian Ministry of Finance has released the ‘Interagency Working Group’s work plan for IFRS applications for 2021’, with a tantalising glimpse of XBRL unification. The working group will cover a wide range of issues relating to International Financial Reporting Standards (IFRS), which were endorsed for use in the Russian Federation in 2011 and have […]
The International Financial Reporting Standards (IFRS) Foundation consultation on sustainability standards drew to a close recently, with almost 500 responses filed. Among them was XBRL International’s response on behalf of the wider XBRL community.
Late last year, following an accelerated amendment process, the International Accounting Standards Board (IASB) issued a package of amendments to the IFRS Standards designed to help ease the ongoing Inter-Bank Offered Rates (IBOR) transition. The amendments should ensure that investors and regulators have sufficient, useful information about the effects of the reform on entities.
This week the IFRS Foundation published a draft taxonomy update to IAS 19, Employee Benefits.
The European Securities and Markets Authority (ESMA) has published its annual Public Statement on European Common Enforcement Priorities – and Covid-19 is at the top of the list.
The IFRS Foundation has published proposed updates to its taxonomy. The proposed changes aim to support the high-quality tagging of information presented in primary financial statements.
This week IFRS Foundation Trustee Teresa Ko underlined why she thinks that the IFRS’ history of good governance and transparency makes it an ideal base for a new Sustainability Standards Board.
Ann Tarca, who has been on the International Accounting Standards Board since 2017, provided some insights into the Foundation’s work and future plans around the IFRS Taxonomy during a recent interview with Toppan Merrill’s Dimensions.
Following growing support for global non-financial standards, the International Financial Reporting Standards (IFRS) Foundation has published a consultation paper to formally assess the demand for sustainability standards, and gauge support for the Foundation’s role in developing them.
This week the IASB published two proposed updates to the IFRS 2020 Taxonomy to bring it in line with recent amendments to the IFRS Standards.
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