Accounting and reporting

• EU looks to alleviate cyberthreats; IASB publishes proposed taxonomy amendments

  Here is a roundup of the latest developments in the financial reporting world, with an update on the IASB’s taxonomy amendments.

• IFRS Foundation proposes taxonomy changes to enhance data and improve usability

  The proposed changes are in response to feedback from users and preparers of tagged financial statements.

• IAASB releases IAS 1 guidance; EU adopts sustainability directive

  Read a roundup of the latest developments in corporate reporting, including an update on IFRS 17.

• UK regulator finds common themes and areas for improvement in governance reporting

  The assessment supports the FRC’s growing body of evidence on those areas where improvements could be made.

• IPSASB seeks comments on sustainability guidance proposals

  An exposure draft proposes additional guidance on how two previously published Recommended Practice Guidelines can be applied by governments and public sector entities to report on sustainability programme information.

• ISSB vote confirms required use of climate-related scenario analysis

  The International Sustainability Standards Board also said it provided guidance on which climate scenarios an entity should use.

• UK FRC reiterates need for reliable information in corporate reports

  The regulator says that in times of economic uncertainty, companies should continually assess evolving risks and ensure those risks are clearly explained.

• IASB amends accounting standard for financial statement information

  The amendments, designed to improve company information about long-term debt with covenants, are effective for annual reporting periods beginning in 2024 or later.

• Global firms urge governments to require mandatory disclosures on nature

  Signatories to the COP15 business statement have combined annual revenues of more than $1.5 trillion.

• UK FRC sets out changes to its 2023 Taxonomy Suite

  The regulator has incorporated taxonomy changes following public consultation in the summer.

• Page 1 of 48
• Next 10 Results