Accounting and reporting

AICPA & CIMA release brief for sustainability support

Accounting for Climate Resilience rounds out a four-part series designed to help finance professionals build sustainability literacy; UK FRC reviews climate disclosures.

IFAC explores public sector role in socioeconomic growth in South Africa

Also, the FCA announces an innovation initiative, and the UK government issues draft amendments focused on business resilience.

UK regulator issues amendments to reporting standards

IFAC responds to European sustainability standards, and ethics guidance for auditors is released.

4 AICPA & CIMA leaders discuss global sustainability standards

Leaders see an opportunity for accountants to create value in sustainability reporting. They also see challenges, including interoperability.

IFAC releases IAASB standards guidance for SMEs

FRC publishes TAS 100 guidance; IASB seeks academics for research project.

IASB seeks feedback on revenue standard

This week’s roundup examines the latest developments in corporate reporting, including an update on the IAASB’s work on sustainability assurance engagements.

Historic global standards for sustainability reporting released

The IFRS Foundation’s International Sustainability Standards Board issued IFRS S1 and IFRS S2 on Monday, the first two global standards for sustainability reporting.

IOSCO calls for adjustments in goodwill disclosures

Also, the UK’s FRC responds to consultation on proposed changes in audit enforcement.

UK regulator publishes thematic review of fair value measurement

The FRC says the review is to “encourage improvement in the general quality of company disclosures”. Also, IPSASB begins on climate-related reporting standards.

World Economic Forum, ISSB announce sustainability partnership

A newly formed group will offer perspective from preparers of corporate sustainability reports.

Global Management Accounting Principles: The art of thinking and doing

A framework for management accountants to perform their day-to-day duties has been updated to reflect new business realities. A podcast episode explains more.

IPSASB updates revenue transaction and transfer expense standards

The board’s updated standards, which include three pronouncements, are applicable from 1 January 2026.

IFAC collaboration includes greenhouse gas reporting guidance

Also, the IASB opens consultation on proposed amendments to its SME standard.

IASB amends income taxes standard in accordance with OECD reforms

IFAC issues sustainability-related disclosure guidance for audit committees; the IASB issues disclosure requirements to increase transparency of companies’ supplier finance.

IFAC issues anti-corruption tool for accountancy organisations

This week’s roundup examines the latest developments in corporate reporting, including guidance from the IFRS for SMEs on reporting climate-related financial information.

IPSASB publishes sustainability guidance for the public sector

FRC seeks comments on potential revision of actuarial standards in the pensions industry.

IESBA releases public interest entity database to support revision adoptions

ISSB seeks stakeholder feedback on two-year work plan; FCA opens consultation on equity shares.

IAASB proposes revisions to going concern standard

The proposed revisions are open for stakeholder comment; the IAASB also advanced its timeline on sustainability consultation.

ISSB on track to publish 2-year plan

The UK FRC has issued guidance for more conversations between audit committees and investors; G7 nations set out plans to halt nature loss by 2030.

IESBA issues code revisions to incorporate growing digitisation

The final revisions undertake the possible ethics risks in the evolving landscape of technology; IASB will finalise amendments to income taxes standard.

Accounting and reporting

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