Please find below a summary of news and events from the IFRS® Foundation over the past month:
Sustainability Standards Advisory Forum calls for candidates
The IFRS Foundation invites nominations of candidates for membership of the Sustainability Standards Advisory Forum. Nominations and applications are invited by 11 July 2022.
Linda Mezon-Hutter and Robert Uhl appointed to the International Accounting Standards Board
The IFRS Foundation Trustees announced the appointment of Linda Mezon-Hutter and Robert Uhl to serve as members of the IFRS Foundation’s International Accounting Standards Board. The Trustees also announced the reappointment of Nick Anderson, Jianqiao Lu and Ann Tarca to serve a second term.
Staff request for feedback to inform future development of the IFRS Sustainability Disclosure Taxonomy for digital reporting
The staff request for feedback outlines staff recommendations to inform the development of a taxonomy to enable digital consumption of sustainability disclosures prepared using the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards. The staff recommendations focus on fundamental matters that need to be considered early to enable the ISSB to publish the IFRS Sustainability Disclosure Taxonomy on a timely basis.
Integrated Reporting—articulating a future path
The International Accounting Standards Board Chair Andreas Barckow and International Sustainability Standards Board Chair Emmanuel Faber communicated plans for the future role, governance and development of the VRF’s Integrated Reporting Framework and Integrated Thinking Principles.
G7 welcomed ISSB’s work to deliver global baseline of sustainability disclosures
The G7 welcomed the inauguration of the International Sustainability Standards Board (ISSB) and its progress of work on the global baseline of sustainability reporting standards. They welcomed the ISSB’s “path to global baseline” statement of 18 May 2022 and called on all relevant stakeholders to participate in the ongoing consultation on the proposed standards.
Path to global baseline: ISSB outlines actions required to deliver global baseline of sustainability disclosures
The IFRS Foundation’s International Sustainability Standards Board (ISSB) outlined the necessary steps required to establish a comprehensive global baseline of sustainability disclosures.
April 2022 IASB podcast
In this episode of the IASB podcast, IASB Chair Andreas Barckow and Executive Technical Director Nili Shah share the highlights from the April IASB meeting.
Compilation of Agenda Decisions—Volume 6 published
The IFRS Foundation’s sixth Compilation of Agenda Decisions brings together agenda decisions published by the IFRS Interpretations Committee from November 2021 to April 2022.
Meeting updates and summaries:
• Addendum to April 2022 IFRIC Update
• IASB Update May 2022
• April 2022 IFRS Advisory Council meeting summary
• Jurisdictional Working Group meeting summary
• Issue 26 of the Investor Update
• 28 March 2022 Consultative Group for Rate Regulation meeting summary
• March 2022 Accounting Standards Advisory Forum meeting summary