Technical roundup 1 May

Apr 30, 2020

Chartered Accountants Ireland


  • The Financial Reporting Council (FRC) has published a staff draft of its response to the IASB’s Exposure Draft ED/2020/1 Interest Rate Benchmark Reform - Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16). 


  • Accountancy Europe (AE) have issued their latest edition of Sustainable Finance Update.
  • AE have recently published a summary document on their work so far on the future of audit and assurance.
  • AE have issued their April SME Update which features EU and International developments.


  • The International Auditing and Assurance Standards Board (IAASB) has published the exposure draft of proposed International Standard on Auditing (ISA) 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors).
  • The IASB has released a podcast featuring IASB member Darrel Scott and technical staff member Roberta Ravelli as they discuss the de­vel­op­ments at the April 2020 Board meeting related to the amend­ments to IFRS 17 'Insurance Contracts'.
  • The April 2020 IASB Update is now available.
  • The International Accounting Standards Board (IASB) has just published Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions.