On the 29th of June, Erkki Liikanen, Chair of the IFRS Foundation Trustees, delivered a keynote speech at CFA Institute’s Global Financial Regulatory Symposium titled: “Is There A Path To Global Sustainability Standards?” He talked about the Foundation’s work to meet the information needs of investors and other …
IFRS 11 Joint Arrangements is an accounting standard that sets out the principles for accounting for joint arrangements, including joint ventures and joint operations. It was issued by the International Accounting Standards Board (IASB) in May 2011 and became effective …
IFRS 10 is an important accounting standard that sets out the principles for the presentation and preparation of consolidated financial statements. The standard provides guidance on how to consolidate financial statements for a parent company and its subsidiaries. It is …
IFRS 12 is a standard that provides guidance on the disclosure of information about an entity’s interests in other entities, including subsidiaries, associates, joint ventures, and structured entities. The standard aims to improve transparency and comparability of financial information by …
We dived back into the archives all the way to 2017 to bring you the IASB Chair’s speech at the IFRS Foundation’s conference in Amsterdam titled: “IFRS 17 and Its Contribution to Financial Stability”. This topic is particularly relevant today given the volatility of the economic environment brought about …
The UNCTAD Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting was hosted on the 5th of November 2020 where Chair of the IFRS Foundation Trustees, Erkki Liikanen, made a few remarks on sustainability reporting in IFRS. This is an excerpt from …