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 …
IASB Discussions of Proposal to Overhaul Financial Statements Begin Next Week
The IASB next week will start redeliberating its December 2019 proposal that aims to overhaul financial statement requirements so that …
Global Rulemaker to Propose Revisions to Management Commentary in April
The IASB plans to issue a proposal in April to revise the management commentary practice statement, a guide for how …
Development of International Accounting Rules for Cryptoassets Stifled by Lack of Stability, Readiness
By Denise Lugo The IASB said there is insufficient use, stability and regulation of cryptoassets worldwide and therefore the board …
Board Says No to Requiring Use of Common Non-GAAP Measure
The IASB is trying to make the information conveyed in company financial statements more relevant and useful, including by reducing …
Difference Between Leases and Service Contracts Becomes Clearer
The FASB and IASB agreed to clarify the difference between a lease and a service contract but have yet to …