Also, the UKEB seeks UK stakeholders’ views on a recent exposure draft from the IASB, and the EU’s new “due diligence” rules address firms’ impacts on human rights and the environment.
An IASB board member explains proposed changes to IFRS 3, Business Combinations, how the board plans to reduce complexity in the standard’s impairment test, and next steps for finalising the standard.
The Securities and Exchange Commission rule applies to listed companies and foreign private issuers. Also, the FRC issued Corporate Governance Code guidance.
Recent regulations pave the way to more consolidated reporting in the UK, but the percentage of assurance performed by accountants remains below average.
IPSASB issues exposure drafts on accounting for natural resources; FRC releases guidance for companies’ applying the revised Corporate Governance Code.
