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Accounting and reporting
Also, the IASB proposes revisions to a standard focused on measuring provisions on company balance sheets.
The regulator’s consultation, following four years of analysis of reporting against the 2020 version of the code, will run until 19 February.
Also, the FRC opens stakeholder consultation on Actuarial Standard Technical Memorandum 1.
This week’s roundup opens with a request for feedback from the IPSASB on its first climate exposure draft, to enable global government responsibility on climate change.
Also, multiple entities publish studies, guidance, or calls to action related to sustainability.
Also, a review confirms the effectiveness of an IFRS standard addressing revenue recognition across global markets.
Companies committed to sustainability goals are more likely to score higher in certain social indicators, new research shows.
The new five-year agreement is intended to widen the opportunities open to CIMA members and HKICPA members.
The final part of an International Federation of Accountants publication addresses the monitoring of QM systems and related remediation.
Also, the UK’s FRC announced a revised insurance sector standard.
ISSA 5000 is set to replace ISAE 3000 (Revised) as the preferred framework for providing assurance of sustainability standards.
Failures in the timeliness, usefulness, and visualisation of data when preparing information for decision-makers can undermine organisational success.
Also, the Global Reporting Initiative expands sustainability training opportunities, and IFAC addresses the role of accountants in emerging economies.
Also, the FRC issues revised UK and Ireland accounting standards.
Nearly half of FTSE 100 companies restated sustainability disclosures this year, predominantly related to discrepancies in greenhouse gas metrics.
Also, the FRC reviews the quality of IFRS 17 reporting.
Also, the IAASB issues guidance for the application of the International Standard on Auditing.
IFAC’s PAIB highlights key areas where accountants can drive change.
IPSASB proposes limited-scope updates to accrual-basis standard; FRC launches discussion paper on digital reporting.
UKEB seeks stakeholder feedback on IFRS 18; IPSASB calls for academic contributions to accounting research.