Technical roundup 5 July

Jul 04, 2019

Developments of interest this week are set out below.   

Chartered Accountants Ireland

Ireland 

UK

European

International

  • Participants of the Corporate Reporting Dialogue, an initiative convened by the International Integrated Reporting Council bringing, have issued a paper on transparency and accountability.
  • In an effort to facilitate greater consistency, the CAQ International Practices Task Force (the “Task Force”) developed a framework for compiling inflation data to assist registrants in monitoring inflation statistics in connection with their determination of the inflationary status of countries in which they have operations.
  • In a webcast, Chair of the IFRS Interpretations Committee and Vice-Chair of the International Accounting Standards Board Sue Lloyd, together with IFRS Foundation staff member Sam Prestidge, discuss the proposed amendments to the Due Process Handbook.
  • The International Public Sector Accounting Standards Board (IPSASB), which develops the of International Public Sector Accounting Standards (IPSAS) for financial reporting by gov­ern­ments and other public sector entities, has released an updated IP­SAS-IFRS alignment dashboard showing how far in­di­vid­ual IPSAS are aligned with cor­re­spond­ing IFRSs.