Key figures discuss how the consolidation of the Value Reporting Foundation could buoy the IFRS Foundation’s hopes of setting a global baseline for sustainability reporting in step with financial reporting.
A comment letter applauds efforts to develop global standards for disclosing sustainability information and provide suggestions related to the two exposure drafts.
The International Auditing and Assurance Standards Board has released proposed narrow scope amendments to initiate changes to the International Ethics Standards Board for Accountants’ code of ethics that enhance transparency and independence.
The FRC made changes to align its guidance for strategic reports with UK legislation on climate-related disclosures, public interest entities, and more.
Recommendations by the UK’s Financial Reporting Council cover consistency, transparency, obtaining third-party advice, and other topics relating to discount rates.
Mandatory climate disclosures for the largest companies were enshrined into UK law last week. Here’s what companies will need to disclose after the law takes effect in April.
A company can strengthen its business model by aligning culture with purpose, values and strategy, according to a UK Financial Reporting Council report issued Thursday.
The Value Reporting Foundation published its six Integrated Thinking Principles on Tuesday, with the goal of helping organizations embed integrated thinking into their endeavors.
Targeted amendments proposed by the International Accounting Standards Board are designed to provide more information about the effects of supplier finance arrangements on a company’s liabilities and cash flows.
The proposal would require companies to report information to help investors assess whether noncurrent liabilities with covenants could become repayable within 12 months.
