Article
Financial Reporting Newsletter
Bringing you the latest information on recent IFRS and Financial Reporting topics
Stay up to date with all the latest news and developments on IFRS and financial reporting along with the potential impact they may have.
Financial Reporting News - June 2023
In this issue, we discuss:
- IASB amends IAS 12 to introduce a temporary exception from accounting for deferred taxes arising from OECD Pillar Two model rules
- IASB amends IAS 7 and IFRS 7 to address supplier finance arrangements
- European Commission consults on delegated regulation for European Sustainability Reporting Standards
Financial Reporting News - January 2023
In this issue, we discuss some financial reporting issues that may be relevant for years ending on or after 31 December 2022 in view of the current economic and geopolitical environment and also highlight areas of regulatory focus:
- Uncertainty and financial reporting
- Climate-related risks in financial statements
- Sustainability and climate corporate reporting developments
Financial Reporting News - July 2022
In this issue, we discuss the Draft European Sustainability Reporting Standards (ESRS) Exposure Drafts (EDs) issued for public consultation on 29 April 2022 by the Project Task Force of ESRS (PTF-ESRS):
- Background
- Proposed architecture of ESRS
- Reconciliation tables
- Consultation period
Financial Reporting News - May 2022
In this issue, we discuss the proposals for IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures published for public consultation on 31 March 2022 by the International Sustainability Standards Board:
- Background
- Proposed IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
- Proposed IFRS S2 Climate-related Disclosures
- Transition, effective date and comment period
Financial Reporting News - January 2022
In this issue, we discuss some financial reporting issues that may be relevant for years ending on or after 31 December 2021, as a result of areas of regulatory focus, the current economic environment, or changes in accounting standards:
- Climate change and corporate reporting
- Effects of the COVID-19 pandemic
- Uncertainty and financial reporting
Key contact
