IASB summarises its completed project on extractive activities
The International Accounting Standards Board (IASB) has published a summary of its project on extractive activities,
which considered whether to amend or replace IFRS 6 Exploration for and
Evaluation of Mineral Resources. The IASB issued IFRS 6 as an interim step
in the accounting for extractive activities.The document explains the reasons for
the IASB taking on the project, the work done and the key decisions made, including
the reasons for deciding to retain IFRS 6.
New webcast: A regulator’s perspective of the forthcoming IFRS Accounting Standard
In this episode, William Biese, Member of the Mexican Financial Reporting Standard
Setting Board, joined IASB Technical Staff member, Özlem Arslan, to discuss the
possible effects of this new IFRS Accounting Standard.
ISSB published targeted amendments to enhance the international applicability of the
These amendments are intended to help preparers apply the SASB
Standards regardless of the jurisdiction in which they operate
or the type of generally accepted accounting principles (GAAP) they use without
substantially altering the SASB Standards’ structure or intent. The SASB Standards
facilitate the implementation and application of IFRS S1 for preparers.
IFRS Sustainability Symposium 2024: Registration now open
The IFRS Sustainability Symposium 2024 will take place on Thursday
22 February 2024, at the Javits Center, New York City. This will be an in-person
event with the option available for virtual attendance.
The Symposium is already the premier destination for not only investors, corporates
and their advisors, but also dozens of regulators and policymakers from around the
world. The 2024 edition is designed to be a meeting ground for learning from others’
experience, gaining practical takeaways and gathering insight into the future
landscape of sustainability-related financial disclosures.
The ITCG is an expert consultative group that advises both the IASB and ISSB on their
digital taxonomies and related activities (for example promoting consistent adoption
and implementation of the IFRS digital taxonomies).
IFRS Foundation announces appointments to the Capital Markets Advisory Committee from
The Capital Markets Advisory Committee (CMAC) has appointed three new members: Diego Salvador Barrero, Meghan
Clark and Michael Thom to start on 1 January 2024 for three-year terms.
New member to Global Preparers Forum brings banking expertise