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Items tagged with "IFRS"

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Russia’s ready to rumble: IFRS Work Plan for 2021

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 […]

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Computers are Dumb!

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.

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IFRS Taxonomy updated for IBOR Amendments

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.

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IFRS proposes Taxonomy update

This week the IFRS Foundation published a draft taxonomy update to IAS 19, Employee Benefits.

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EU enforcers looking for Covid-19 Transparency

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.

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IFRS Taxonomy Update

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.

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Time for a global solution? 

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.

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A look at the IFRS Taxonomy

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.

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IFRS considers setting Sustainability Standards

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.

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IFRS Taxonomy amendments proposed

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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