IASB Examples Would Offer Glimpse into Companies’ Climate Change Management Strategies
The International Accounting Standards Board (IASB) on July 31, 2024, released eight illustrative examples, including one that would encourage companies …
IFRS Interpretations Committee Decisions Came Under Fire from Two Organizations, Trustees Oversight Body Says
The IFRS Foundation’s Due Process Oversight Committee (DPOC) received a letter from two organizations, expressing concerns that the IFRS Interpretations …
IOSCO Endorses Global ESG Rulemaker’s New Climate and Sustainability Disclosure Standards
The International Organization of Securities Commissions (IOSCO) endorsed the International Sustainability Standards Board’s (ISSB) two new climate and sustainability disclosure …
International ESG Rulemaker Publishes New Climate and Sustainability Disclosure Rules
As expected, the International Sustainability Standards Board (ISSB) on June 26, 2023, issued two new disclosure standards that aim to …
IASB Issues Disclosure Rules to Boost Transparency around Terms of Supplier Finance Arrangements
The International Accounting Standards Board (IASB) on May 25, 2023, issued a package of disclosure rules to boost transparency around …
Companies Exempted from Accounting for Deferred Taxes that Stem from Global Tax Reform
The International Accounting Standards Board (IASB) on May 23, 2023, published an amendment to a key income tax accounting standard …
Companies Must Disclose Pollution Caused by External Suppliers, Global ESG Rulemaker Says
Multinational and other companies will be required to disclose their indirect greenhouse gas (GHG) emissions, according to the International Sustainability …
U.S. Accounting Rulemakers Pressed Overseas About Feds’ View of Crypto Project
The FASB was asked during a joint discussion with the International Accounting Standards Board (IASB) whether the board “touched base” …
IASB Chair Barckow: Sustainability is Going to Become Part of Your Day Job-if it isn’t already!
While both the IASB and the new ISSB will be independent, both boards are expected to work “in very close …
Hoogervorst: Accounting Rules Could Face Similar Pressure as in Prior Financial Crisis
Outgoing IASB Chair Hans Hoogervorst said he is more worried now than 10 years ago when he joined the board …