The UK Financial Reporting Council releases guidance to help companies produce annual reports that take a more strategic approach to assessing materiality.
Also, a letter from standards-setters to the ISSB addresses areas of concern in global sustainability standard reporting, and IPSASB updates conceptual framework to reflect IASB revisions.
This week’s roundup examines further proposed amendments from the IASB following the international tax reform and the IPSASB’s request for feedback on its 5-year work plan.
The IFRS Foundation this week published a proposed disclosure taxonomy and a comparison guide, both designed to assist those preparing for implementation of new global sustainability standards.
This week’s roundup examines the latest developments in corporate reporting, including an update on the IAASB’s work on sustainability assurance engagements.
The IFRS Foundation’s International Sustainability Standards Board issued IFRS S1 and IFRS S2 on Monday, the first two global standards for sustainability reporting.
The FRC says the review is to “encourage improvement in the general quality of company disclosures”. Also, IPSASB begins on climate-related reporting standards.
