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World Accounting Report RSS feed

UK update: June 2022

Online Published Date : 30 June 2022 | Appeared in issue: 25.05 - 30 June 2022

After a long delay, the UK Government has finalised its plans for reforming the UK audit profession and the FRC, and enhancing corporate reporting. Reactions to the announcement are mixed, with many saying that the reforms have been watered down,..

US update: June 2022

Online Published Date : 30 June 2022 | Appeared in issue: 25.05 - 30 June 2022

In a brief meeting, the FASB decided to add a project on environmental credits to its technical work agenda. In May 2022, the FASB discussed accounting for financial instruments with environmental, social, and governance (ESG)-linked features and..

International update: June 2022

Online Published Date : 30 June 2022 | Appeared in issue: 25.05 - 30 June 2022

Two recent announcements from the IFRS Foundation shed more light on the way forward for the new International Sustainability Standards Board (ISSB) and on the future of integrated reporting. The staff have also published a request for feedback on a..

Editorial

Online Published Date : 30 June 2022 | Appeared in issue: 25.05 - 30 June 2022

A number of organisations set corporate reporting standards or guidelines related to ESG issues. These bodies have been referred to as an alphabet soup of acronyms: the Task Force on Climate-related Finance Disclosures (TCFD), Sustainability..