Please find below a summary of news and events from the IFRS® Foundation over the past month:
Webinars on ISSB’s exposure drafts
Recordings of the two live webinars held by the International Sustainability Standards Board (ISSB) on 28 April 2022 are now available. In these webinars, the ISSB discussed its proposed standards on general sustainability-related disclosures and climate-related disclosures.
Meeting Updates and Summaries
- The IASB meeting was held on 25–28 April.
- The IFRS Interpretations Committee met on 20 April 2022.
- The Global Preparers Forum (GPF) held a hybrid meeting on 11 March 2022.
- The Consultative Group for Rate Regulation held a virtual meeting on 4 March 2022.
The IFRS Foundation Trustees met in Frankfurt on 2–3 March 2022.
ISSB establishes working group to enhance compatibility between global baseline and jurisdictional initiatives
The International Sustainability Standards Board (ISSB) announced the formation of a working group of jurisdictional representatives to establish dialogue for enhanced compatibility between the ISSB’s exposure drafts that are currently open for comment and ongoing jurisdictional initiatives on sustainability disclosures.
Pension Benefits that Depend on Asset Returns—Project Summary has been published
The International Accounting Standards Board (IASB) has published a Project Summary on its research project Pension Benefits that Depend on Asset Returns.Project summaries are overviews of information already available to the public through IASB meeting papers.
Q1 2022 Interpretations Committee podcast
In this episode, IFRS Interpretations Committee Chair and member of the International Accounting Standards Board (IASB) Bruce Mackenzie joins Technical Staff Member Patrina Buchanan to discuss activities to support consistent application of IFRS Accounting Standards in the first quarter of 2022.
Call for members—International Accounting Standards Board
IFRS Foundation establishes ISSB presence in Montreal
The IFRS Foundation and Chartered Professional Accountants of Canada (CPA Canada) announced an agreement to establish the Montreal centre of the International Sustainability Standards Board (ISSB). The Montreal centre will host key functions on behalf of the ISSB, including the coordination of activity across the Americas.
IASB call for research on Making Materiality Judgements
The International Accounting Standards Board (IASB) is looking to partner with a small number of national standard-setters to obtain research evidence about the effects of recent changes and additions to its literature applicable to making materiality judgments.
IFRS Foundation publishes 2021 Annual Report
March 2022 IASB podcast
In this episode of the latest International Accounting Standards Board (IASB) podcast, IASB Chair Andreas Barckow and Executive Technical Director Nili Shah discuss the topics that were on the agenda for the March 2022 IASB meeting.