Developments of interest this week are set out below.
Chartered Accountants Ireland
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- 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.