Technical roundup 3 May

May 02, 2019

Developments of interest this week are set out below.   


  • IAASA has published an Information Note ‘Requirement to disclose disaggregated revenue’ reminding companies of the requirement in IFRS 15 to disclose the disaggregation of revenue into categories that depict how revenue and cash flows are affected by economic factors.
  • IAASA has published a Consultation Paper to seek the views of stakeholders and interested parties, other than practitioners, regarding the Authority’s intended policy on publication and grading in the quality assurance review process relating to statutory auditors and audit firms that carry out statutory audits of public-interest entities.
  • The new website for the Registry of Beneficial Ownership has now launched. Filing of beneficial ownership data with the RBO must be done through an on-line portal which will open on this new website on 22 June 2019. There are no paper forms or filing fees involved and the RBO office is not open to the public.
  • The CRO has issued its regular gazette.


  • The Charity Commission for Northern Ireland have issued online FAQs aimed at covering common queries in relation to the new submission timescale of 30 days for applying for charity registration.


  • The European Financial Reporting Advisory Group (EFRAG) has published a feedback statement following the pub­li­ca­tion of its final comment letter on the IASB's Exposure Draft ED/2018/2 'Costs Con­sid­ered in Assessing Whether a Contract is Onerous (Amend­ments to IAS 37)'.
  • The European Securities and Markets Authority (ESMA) has published five opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR). 
  • Accountancy Europe has issued a summary of their SME related work in 2018 which includes events and consultation responses.


  • The International Public Sector Accounting Standards Board (IPSASB) has released a Consultation Paper Measurement which addresses how measurement bases are determined in the public sector.