A virtual seminar was hosted by the JICPA on the 16th of December 2020 where Chair of the IASB, Hans Hoogervorst, spoke on the impact of Covid-19 on IFRS in 2020 as well as future challenges for 2021. Here are a few highlights from that speech. Covid-19 The coronavirus situation is …
The recent AICPA Conference on Current SEC and PCAOB Developments was hosted from the 7th to the 9th of December 2020 where Vice-Chair of the IASB, Sue Lloyd, made a few remarks on the impact of Covid-19 on 2020 as well how to move forward in 2021. Here are …
This ISSB Update highlights preliminary decisions of the International Sustainability Standards Board (ISSB). Projects affected by these decisions can be found on the work plan. The ISSB’s final decisions on IFRS® Sustainability Disclosure Standards are formally balloted as set out in the IFRS Foundation’s Due Process …
The IFRS for SMEs Accounting Standard Update is a staff summary of news, events and other information about the IFRS for SMEs® Accounting Standard and related SME activities. The staff summary has not been reviewed by the International Accounting Standards Board (IASB). This edition of the IFRS …
The IFRS Foundation Trustees have appointed Jeffrey Hales―SASB Standards Board Chair and Accounting Professor at University of Texas―and Michael Jantzi―VRF Board Director and Sustainalytics founder and former CEO―as members of the International Sustainability Standards Board (ISSB), effective July 2022. Their …
International Financial Reporting Standards for Small and Medium-sized Entities (IFRS for SMEs) was introduced to provide a simplified version of IFRS for entities that do not have public accountability. These entities, which include privately held companies, non-profit organizations, and small …