Please find below a brief summary of news and events from the
International Accounting Standards Board (Board) and the IFRS® Foundation over the past
IFRS Foundation Trustees consult on global approach to
The Trustees of the IFRS Foundation have published a Consultation Paper to assess demand for global
sustainability standards and, if demand is strong, assess whether and to what extent
the Foundation might contribute to the development of such standards.
Speech: IASB Chair's keynote at the IFRS Foundation Virtual Conference
Hans Hoogervorst focused on the impact of the coronavirus pandemic on the Board's work as well
as how the principle-based nature of IFRS Standards means companies may already need
to reflect climate-related risks in their financial statements.
Topics discussed during the Board's meeting on 22–23 September 2020 included
Rate-regulated Activities, Management Commentary, and Business Combinations under
Common Control. Find the Update here or listen to the podcast. The September 2020 IFRS Interpretations Committee Update is also available.
Topics discussed included Sale and Leaseback of an Asset in a Single-Asset
Read the latest IFRS for SMEs Update
This edition highlights recent activities and materials published to support the
Request for Information on the review of the IFRS for SMEs Standard, including options
for responding to the Request for Information and information on outreach
The IASB Investor Update aims to make it easy for investors to keep up with
changes in the world of IFRS Standards and how those changes may affect an
investor's day job. In this edition, the spotlight is focused on Covid-19-Related
Rent Concessions and Supply Chain Finance.