World Accounting Report

In its February 2022 meeting, the IASB held a lengthy discussion about its agenda consultation. It has decided to increase its focus on the digital effects on financial reporting and on enhancing the understandability and accessibility of its..

Standard-setting has an in-built circularity: a standard is developed in response to challenges in financial reporting; once finalised, it is implemented by companies, then put into effect, and later reviewed to see if everything is working as..

The EC has appointed EFRAG to be the body that will set European standards for sustainability reporting. Currently, the organisation, whose acronym defines the current scope of its responsibilities (European Financial Reporting Advisory Group),..

With the world in crisis over the situation in Ukraine, and Covid-19 still not under control, it is challenging to focus on more mundane issues. The immediate and present dangers are absorbing everyone’s attention, yet the longer-term risks of..

The agenda for the Board’s February 2022 meeting was packed. This gave vice chair Sue Lloyd the chance to share her thoughts on the maximum number of projects before leaving at the end of the month to join the International Sustainability..