Report on March 2025 IFASS meeting now available
Report on March 2025 IFASS meeting now available
A meeting of the International Forum of Accounting Standard Setters was held in March 2025.
The meeting covered a range of topics on financial reporting, sustainability reporting and other cross-cutting topics. Some of the key topics were:
Financial Reporting:
The meeting covered a range of topics on financial reporting, sustainability reporting and other cross-cutting topics. Some of the key topics were:
Financial Reporting:
- Cash-flow reporting
- Provisions – Targeted Improvements
- IFRS for SMEs
- Equity Method – is a fundamental review needed?
- Intangible Assets.
- Macro trends in ESG and sustainability reporting
- Biodiversity, ecosystems, and ecosystem services
- Sector classification/ SASB Standards update
- GHG protocol presentation
- OECD SME Initiative and VSME.