Developments of interest this week are outlined.
ROI
- IAASA has called on companies to provide high quality, company specific disclosures of the impact of COVID-19
UK
- The Financial Reporting Council (FRC) has published a consultation on the Third Country Auditors (Fees) Instrument. The consultation is open until the 30 November 2020.
European
- Accountancy Europe have issued a podcast on highlights from a speech made by the European Commission’s Alain Deckers about the European Single Electronic Format (ESEF).
- EFRAG, along with the IASB, recently hosted an outreach event to discuss business combinations and the subsequent accounting for goodwill. A summary report is now available.
International
- The IFRS Foundation Trustees invite interested stakeholders to join them for a live webinar on 17th November on their Consultation Paper on Sustainability Reporting.
- The IASB has published PTU/2020/4 'IFRS Taxonomy 2020 — 'General Improvements and Common Practice — Presentation of information in primary financial statements''.