IFRS

The Financial Accounting Standards Board issued a proposed accounting standards update to establish authoritative guidance on the accounting for government grants received by business entities.

The guide can help companies identify and disclose material information about sustainability-related risks and opportunities that could affect their cash flow.

The International Accounting Standards Board wants feedback on targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on corporate balance sheets.

Some 30 jurisdictions are making progress on introducing international sustainability standards in their legal or regulatory frameworks.

The guide aims to help companies that are voluntarily applying ISSB standards and help them communicate their progress to investors.

The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.

The International Accounting Standards Board has begun a research project to review the requirements for the statement of cash flows and related matters.

The document will be available for comment on the International Financial Reporting Standards website.

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.