Association leaders in the environmental, social, and governance space discuss fast-approaching standards and what finance professionals need to do to prepare.
The Financial Reporting Council’s thematic review looks at the annual reports of 20 companies to draw out the features of better reporting and disclosures, whilst also highlighting areas for improvement.
A UK group, The Taskforce on Disclosures About Expected Credit Losses, has published a report to help preparers to recognise high-quality ECL disclosures.
The move towards mandatory ESG reporting will require finance to assess the knowledge already in the team and new expertise needed — as a starting point.
The IAASB said it will develop standards for assurance on sustainability reporting, which will demonstrate that the information reported is reliable and credible.
The UK regulator shares disclosure recommendations designed to help organisations meet the needs of investors and be prepared for new reporting requirements.
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.
