Technical roundup 26 June

Jun 25, 2020

Chartered Accountants Ireland

Ireland

Europe

International

  • The International Accounting Standards Board (IASB) has issued amendments to IFRS 17 Insurance Contracts aimed at helping companies implement the Standard and making it easier for them to explain their financial performance.
  • The International Federation of Accountants (IFAC) continues to speak out on behalf of the global accounting profession on the topic of non-financial reporting, most recently in response to the European Commission’s review of the Non-Financial Reporting Directive (NFRD).
  • The staff of the International Public Sector Accounting Standards Board (IPSASB) has developed a Q&A document high­light­ing the relevant standards and guidance for the public sector in applying the Board’s current guidance to provide clear, com­pa­ra­ble, and relevant in­for­ma­tion on climate change.
  • The IFRS Foun­da­tion has announced a virtual con­fer­ence which will combine the annual IFRS Foun­da­tion con­fer­ence with the annual World Stan­dard-set­ters con­fer­ence. The virtual con­fer­ence will be held on 28–29 September 2020.