Archive

IFRS S2 tweaked and IFRS S1 given a climate overhaul in AASB's draft reporting standards

With an option for voluntary reporting from next year

What was Emmanuel Faber trying to achieve in his criticism of double materiality?

Corporates should actively look for risks in their supply chains and to innovate with metrics to report more effectively on modern slavery policies and risks

Majority vote against motion to reject reporting standards adopted by the Commission

Commission's proposal to delay sector standards agreed by Parliament and Council

Developing implementation support and drafting the SME standards to be prioritised next year

Commission expected to delay adoption of sector standards and raise the threshold for SMEs

Process decided for answering questions on standards but members concerned over the size of the task at hand

Motion for Resolution tabled in the Parliament to reject the ESRS on the basis of high administrative burdens and costs.