The new accounting standard will replace IAS 1 from January 2027 and is aimed at more consistent reporting that's better aligned with how businesses are run.
FM’s editor-in-chief details articles in the December digital edition, including one that examines hard and soft trends and their impact on accounting and finance professionals. Listen to the podcast episode or read the Q&A.
Globally, nearly three-fourths of corporate reporting professionals use artificial intelligence tools daily. Companies with greater AI integration are able to use time savings to focus more on strategy.
Signatories urge policymakers to preserve the core elements of European Sustainability Reporting Standards, including the CSRD’s “double materiality” principle.
The proposals present the first opportunity for global stakeholders to provide input on the cost-effectiveness and decision-usefulness of the SASB standards in the context of the ISSB standards.
