Since August 2022, the IFRS Foundation has assumed responsibility for the Integrated Reporting Framework. The International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) are now planning to incorporate this framework into their standardization projects. Companies that prepare their accounts in accordance with IFRS are encouraged to use the framework as the basis for their corporate reporting. 🌍📊 👉Read our new blog article to find out about the challenges and objectives associated with implementing the Integrated Reporting Framework and possible solutions. 🔗https://arva.to/S97Yz #IFRS #IntegratedReporting #CSRD #ESG #IRFramework
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#EY #ISSB #GCRS JUST UPDATED- we have just released the updated Applying IFRS on ISSB sustainability disclosure standards. This updated edition uses real-life examples to illustrate practices that could be a starting point for disclosing information required by ISSB standards. Click below to read or download.
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The IFRS Foundation has today published Using the IFRS digital taxonomies—A guide for regulators implementing the IFRS digital taxonomies in a digital filing system. Digital financial reporting enables investors to efficiently search, extract and compare companies’ financial reports. The IFRS digital taxonomies – the IFRS Accounting Taxonomy and the IFRS Sustainability Disclosure Taxonomy – facilitate companies’ reporting of financial information in a computer-readable, structured data format. The guide is developed to assist regulators in their implementation of the IFRS digital taxonomies. Find out more: https://lnkd.in/eE6cxskG International Accounting Standards Board (IASB), International Sustainability Standards Board (ISSB) #IFRSdigitaltaxonomy #digitaltaxonomy #taxonomy #IASB #ISSB #IFRS
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IOSCO welcomes the IFRS Foundation's guide for regulators implementing the IFRS digital taxonomies in a digital filing system. This important guide builds on the valuable work the IFRS is doing on digital financial reporting. #digitalfinancialreporting
The IFRS Foundation has today published Using the IFRS digital taxonomies—A guide for regulators implementing the IFRS digital taxonomies in a digital filing system. Digital financial reporting enables investors to efficiently search, extract and compare companies’ financial reports. The IFRS digital taxonomies – the IFRS Accounting Taxonomy and the IFRS Sustainability Disclosure Taxonomy – facilitate companies’ reporting of financial information in a computer-readable, structured data format. The guide is developed to assist regulators in their implementation of the IFRS digital taxonomies. Find out more: https://lnkd.in/eE6cxskG International Accounting Standards Board (IASB), International Sustainability Standards Board (ISSB) #IFRSdigitaltaxonomy #digitaltaxonomy #taxonomy #IASB #ISSB #IFRS
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Published today by the IFRS Foundation: A guide for regulators implementing the IFRS #digital #taxonomies in a digital filing system for both the International Accounting Standards Board (IASB) & International Sustainability Standards Board (ISSB). Full details 👇
The IFRS Foundation has today published Using the IFRS digital taxonomies—A guide for regulators implementing the IFRS digital taxonomies in a digital filing system. Digital financial reporting enables investors to efficiently search, extract and compare companies’ financial reports. The IFRS digital taxonomies – the IFRS Accounting Taxonomy and the IFRS Sustainability Disclosure Taxonomy – facilitate companies’ reporting of financial information in a computer-readable, structured data format. The guide is developed to assist regulators in their implementation of the IFRS digital taxonomies. Find out more: https://lnkd.in/eE6cxskG International Accounting Standards Board (IASB), International Sustainability Standards Board (ISSB) #IFRSdigitaltaxonomy #digitaltaxonomy #taxonomy #IASB #ISSB #IFRS
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🎙️ The UN Sustainability Stock Exchanges (SSE), International Finance Corporation (IFC) and IFRS Foundation hosted the IFRS sustainability training webinar in partnership with the JSE and SAICA on applying the ISSB sustainability disclosure standards (IFRS S1 and IFRS S2) on the 1st of August 2024 . SAICA is pleased to release the report on the key takeaways on the IFRS Sustainability Disclosure Standards training . #SustainabilityReporting #SAICA Bafana Radebe CA(SA) Ian Mtegha CA(SA)
📃 IFRS Sustainability Standards Disclosure Training Program Report Released We are pleased to release the report on the training program of the IFRS Disclosure Application. The training program was developed to build an overall understanding of the foundations of the new IFRS Sustainability Disclosure Standards. From the global capital markets perspective, these corporate sustainability-related disclosures are presented through IFRS S1, “General Requirements for Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures.” It gives guidance through a four-step process of preparing, aligning, implementing, and communicating sustainability-related information. The content was developed in collaboration with the UN SSE and IFC partnered with the IFRS Foundation to provide free training with UN SSE Partner Exchanges. To learn more and explore the detailed report click here 🔗 https://bit.ly/4ihmRn2 #⃣ #SAICATechnical #IFRS #SustainabilityStandards Tsabo Makoloane CA(SA) Nomsa Avuyile Nkomo
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📃 IFRS Sustainability Standards Disclosure Training Program Report Released We are pleased to release the report on the training program of the IFRS Disclosure Application. The training program was developed to build an overall understanding of the foundations of the new IFRS Sustainability Disclosure Standards. From the global capital markets perspective, these corporate sustainability-related disclosures are presented through IFRS S1, “General Requirements for Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures.” It gives guidance through a four-step process of preparing, aligning, implementing, and communicating sustainability-related information. The content was developed in collaboration with the UN SSE and IFC partnered with the IFRS Foundation to provide free training with UN SSE Partner Exchanges. To learn more and explore the detailed report click here 🔗 https://bit.ly/4ihmRn2 #⃣ #SAICATechnical #IFRS #SustainabilityStandards Tsabo Makoloane CA(SA) Nomsa Avuyile Nkomo
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The ISSB released its first IFRS Sustainability Disclosure Standards—IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures—in June 2023. The ISSB Standards establish a high-quality global baseline of investor-focused sustainability-related disclosures. #Certificate of Participation #ISSB: Applying the IFRS Sustainability Disclosure Standards
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IFRS Sustainability Disclosure Standards, key takeaways: #sustainabilityreporting #climatechangereporting #IFRS
📃 IFRS Sustainability Standards Disclosure Training Program Report Released We are pleased to release the report on the training program of the IFRS Disclosure Application. The training program was developed to build an overall understanding of the foundations of the new IFRS Sustainability Disclosure Standards. From the global capital markets perspective, these corporate sustainability-related disclosures are presented through IFRS S1, “General Requirements for Sustainability-related Financial Information” and IFRS S2 “Climate-related Disclosures.” It gives guidance through a four-step process of preparing, aligning, implementing, and communicating sustainability-related information. The content was developed in collaboration with the UN SSE and IFC partnered with the IFRS Foundation to provide free training with UN SSE Partner Exchanges. To learn more and explore the detailed report click here 🔗 https://bit.ly/4ihmRn2 #⃣ #SAICATechnical #IFRS #SustainabilityStandards Tsabo Makoloane CA(SA) Nomsa Avuyile Nkomo
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The IFRS Foundation has recently released its IFRS Integrated Reporting guidance. This guidance document, "Transition to Integrated Reporting: A Guide to Getting Started," offers a phased approach to implementing integrated reporting and understanding how IFRS Sustainability Disclosure Standards can enhance your reporting journey. The integrated framework is used by companies in over 75 countries, driving high-quality corporate reporting and connectivity between financial statements and sustainability disclosures. Read the Transition to Integrated Reporting guidance, here: https://lnkd.in/dsxkvUZS Learn more about the IFRS S1 and S2 here: https://lnkd.in/eh6azavV #ifrs #reportingstandards #sustainabilityreporting #nossadata
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The launch of the International Sustainability Standards Board (ISSB) inaugural standards in 2023 marked a significant milestone in corporate sustainability reporting. The ISSB’s IFRS S1 and IFRS S2 (IFRS S1/S2) formalize a much-awaited convergence of sustainability and financial disclosures and alignment of reporting frameworks. IFRS S1/S2 became effective for annual reporting periods as of January 1, 2024. While the standards can now be used for voluntary reporting, multiple jurisdictions have indicated intent to mandate IFRS S1/S2 requirements. Explore the disclosure landscape further in our briefing “ISSB’s IFRS S1/2: Laying the foundation for global mandatory disclosures“: https://lnkd.in/djKP9NK2 #ISSB #IFRS #SustainabilityDisclosure Catherine (Katie) Osborn, Katie Langemeier
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