The IASB has published the collective amendment standard ‘Annual Improvements to IFRS Accounting Standards - Volume 11’ with amendments to IFRS 1, IFRS 7, IFRS 9, IFRS 10 and IAS 7, as well as amendments to IAS 28 and various draft amendments. In addition, the first five modules of the IDW RS FAB 100 ‘Module Statement on Sustainability Reporting in accordance with the European Sustainability Reporting Standards (ESRS)’ are available in their final version and ESMA and Federal Financial Supervisory Authority (BaFin) have announced their audit priorities. Finally, in this issue of novus IFRS, we have compiled the IFRIC updates from June 2024 to the present day.
novus | IASB and IFRS IC Publications
IASB
- IASB publishes the collective amendment standard ”Annual Improvements to IFRS Accounting Standards – Volume 11“
- Federal Cabinet publishes government draft of the CSRD Implementation Act
- Exposure Draft: Accounting using the equity method – IAS 28 Investments in associates and joint ventures
- Exposure Draft: Conversion into a hyperinflationary reporting currency – Amendments to IAS 21
- Exposure Draft: Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures
- Exposure Draft: Climate-related and other uncertainties in the financial reports
- IDW publishes module statement on sustainability reporting
IFRS Interpretations Committee
novus | Enforcement Authorities
European Securities and Markets Authority
Federal Financial Supervisory Authority
International Practices Task Force
novus | Internal