All articles by Stephen Bouvier – Page 7
-
FeaturesAccounting: IASB grapples with IAS 19
The staff could hardly have been more blunt: “Overall, we received mixed feedback on our IAS 19 [International Accounting Standard 19] proposal,” they told the International Accounting Standards Board (IASB) in March. The proposal in question is a March 2021 exposure draft in which the IASB trialled a new approach to disclosure by focusing on objectives aimed at teasing out relevant information.
-
NewsISSB launches public consultation on draft sustainability standards
The first of the two standards deals with general sustainability-related disclosure requirements while the second addresses climate-related disclosures
-
NewsIASB rules out work on pensions accounting, related issues
The decision draws a line under hopes in some quarters that the board would attempt to fix deficiencies in hybrid pension plan accounting
-
News
IASB pushes back final vote on climate-reporting project
Shortlist of potential projects includes climate-related risks, cryptocurrencies, pollutant-pricing mechanisms, and the statement of cash flows
-
News
IFRSs are well-equipped to tackle sustainability reporting challenges, says IASB chair
But ‘there may still be a case to do more’, Barckow added
-
NewsEFRAG task force issues latest draft sustainability standards
The release of the papers does not form part of any public consultation at this stage
-
News
SASB delivers update on ISSB merger progress
The Sustainability Accounting Standards Board (SASB) will formally hand over responsibility for its sustainability metrics rulebook to the IFRS Foundation in June
-
News
IASB receives ‘mixed feedback’ to IAS 19 disclosure revamp
Disclosure proposals prompted “rethink” of pensions footnote by reassessing what information was or was not relevant
-
News
IASB calls a halt to IFRIC 14 DB refund project
A total of 11 IASB members out of 12 backed the decision to cease work on the project
-
FeaturesAccounting: DB sponsors at a crossroads
If a decade ago the talk was of defined-benefit (DB) scheme sponsors locked in an infernal struggle against the dizzying gravity of spiralling accounting deficits, thoughts now are turning to the end game.
-
NewsUK, EU DB accounting position broadly favourable, consultants say
Accounting experts at WTW reported discount rates across a range of plan maturities of between 1.8% and 2% per annum
-
Features
Accounting: IASB’s sustainability challenges
Thinking back to 2007, pensions was the spectre at just about every feast when it came to the work of the International Accounting Standards Board (IASB), not least because of the push to persuade the US to adopt International Financial Reporting Standards (IFRS).
-
NewsSustainability reporting poses new challenges for standard setters, stakeholders
Connectivity between the IASB’s work and the ISSB’s efforts was ‘the elephant in the room’
-
NewsESMA urges IASB to change tack on pensions disclosure proposals
Watchdog wants more mandatory disclosure items
-
Special ReportISSB: A new body for sustainability standards
As it comes to life, the new International Sustainability Standards Board faces a complex path towards harmonisation of fragmented frameworks
-
NewsIFRS Foundation announces sustainability board go-ahead
CSDB and Value Reporting Foundation to consolidate into new disclosure standard-setter
-
News
Reporting round-up: SASB Risk-management Disclosures
Plus: FRC’s thematic review of IAS 37, Silent Night report
-
FeaturesAccounting: A costly mistake
Maybe you missed it. Or perhaps you were stuck in some interminable queue at an airport. But the United Kingdom’s audit watchdog revealed in August that a disciplinary tribunal had slapped audit giant KPMG with a £13m (€15m) fine, parked it on the naughty step with a severe reprimand, and ordered it to conduct a series of reviews into what went wrong.
-
NewsTPR releases criminal sanctions guidance, consults further on new pensions act powers
The new legislation created two new criminal offences, which take effect from Friday 1 October
-
NewsFRC officials detail ARGA transition timetable, upcoming workplan priorities
Additional reporting requirements are ‘driving a significant growth in reporting demands’, Mark Babington says
