A new conceptual framework for IFRS issued Thursday includes revisions to concepts for reporting assets, liabilities, income, and expenses. In completing the comprehensive project to change the ...

To improve the alignment of sustainability reporting standards globally, the International Financial Reporting Standards Foundation (IFRS) and European Financial Reporting Advisory Group (EFRAG) ...

Theunis Jansen van Rensburg, Head of Analytics, Principa. IFRS 9 was born from the ashes of the 2008 global financial crisis, a time when accounting standards notoriously allowed banks to recognise ...

The Integrated Reporting Framework, which is used to accelerate the adoption of integrated reporting across the world, was a topic of major importance during the International Sustainability Standards ...

IFRS and IFRS for SMEs are developed by the International Accounting Standards Board (IASB), and the concepts and principles that underpin drafting an IFRS are outlined in the Conceptual Framework for ...

The creation of the ISSB by the Trustees of International Financial Reporting Standards (“IFRS”) Foundation was announced in November 2021 at COP26, with wide supranational support giving it a mandate ...

The Bankers Committee has said that it will develop a framework for common reporting among banks under the International Financial Reporting Standards. It has also set up a subcommittee on women ...

The banks of the Asia-Pacific region have been subject to successive waves of regulatory changes in recent years. Remaining compliant with strengthened anti-money laundering rules, know-your-customer ...

IFRS 9 was born from the ashes of the 2008 global financial crisis, a time when accounting standards notoriously allowed banks to recognise credit losses only after "the horse had bolted". While the ...