Nieuws 16 mei 2024

IFRS update - Week 18-20

Een wekelijks overzicht van de laatste ontwikkelingen rond International Financial Reporting Standards (IFRS) en externe verslaggeving.

IASB simplifies financial reporting for eligible subsidiary companies with new IFRS Accounting Standard
The International Accounting Standard Board (IASB) has today issued a new IFRS Accounting Standard for subsidiaries. IFRS 19 Subsidiaries without Public Accountability: Disclosures permits eligible subsidiaries to use IFRS Accounting Standards with reduced disclosures.
(Bron: IFRS Foundation)

IASB proposes amendments for renewable electricity contracts
The International Accounting Standards Board (IASB) has today published an Exposure Draft proposing narrow-scope amendments to ensure that financial statements more faithfully reflect the effects that renewable electricity contracts have on a company.
(Bron: IFRS Foundation)

Compilation of Agenda Decisions—Volume 10 published
The IFRS Foundation has published its 10th Compilation of Agenda Decisions by the IFRS Interpretations Committee (Committee), covering the period from November 2023 to April 2024.
(Bron: IFRS Foundation)

RJ-Uitingen 2024-5, 2024-6 en 2024-7 met wijzigingen vanwege WTP (RJ 271, RJk B14 en RJ 921)
Op 1 juli 2023 is de Wet Toekomst Pensioenen (WTP) ingegaan. De RJ is nagegaan wat de wijzigingen van de WTP zijn en stelt in RJ-Uitingen 2024-5, RJ-Uiting 2024-6 en RJ-Uiting 2024-7 verschillende wijzigingen voor. Dit betreft hoofdstukken RJ 271 en RJK B14 en de Handreiking RJ 921.
(Bron: RJ)

Accounting considerations related to economic volatility
This publication considers the effect of high inflation and high interest rates on entities' financial reports.
(Bron: EY)

Net-zero commitments
When to recognise a liability and how to tell a connected story.
(Bron: KPMG)

Duurzaamheidsverslaggeving

IFRS Foundation and EFRAG publish interoperability guidance
The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board's IFRS Sustainability Disclosure Standards (ISSB Standards) and the European Sustainability Reporting Standards (ESRS) and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures.
(Bron: IFRS Foundation)

Tijd dringt voor implementatie CSRD bij grote bedrijven
De tijd begint te dringen voor grote ondernemingen die aan de CSRD moeten voldoen. Zij moeten namelijk begin 2025 kunnen meten en rapporteren. "Wij zien dat lang nog niet alle grote bedrijven daar zijn", constateren accountant Daan Reijnen en organisatieadviseur Sietske Schoenmakers van accountants- en advieskantoor Bol.

Het is de kunst om te durven
Het werk van een accountant is meer dan het afvinken van lijstjes, ook als het gaat om duurzaamheidsverslaggeving.

Updates

IFRS Foundation

• IASB Update April 2024
• Addendum to the March 2024 IFRIC Update
• ISSB Update April 2024

EFRAG

• EFRAG Update April 2024

EY

• IFRS Developments Issue 225 / May 2024 - Hyperinflationary economies (Updated May 2024)
• IFRS Developments Issue 226 / May 2024 - IASB issues IFRS 19 Subsidiaries without Public Accountability: Disclosures
• IFRS Sustainability Developments Issue 7 / May 2024 - Interoperability guidance published on ESRS and ISSB Standards

PwC

• GX In brief INT2024-07 - EFRAG and ISSB jointly publish interoperability guidance
• GX In brief INT2024-08 - IFRS 18 - Insights for financial services companies
• GX In brief INT2024-09 - IFRS 18 - Key treasury topics for corporate entities

KPMG

• Reducing disclosures for subsidiaries
• Contracts for renewable electricity
• Joint guidance on interoperability

Deloitte

• iGAAP in Focus — Financial reporting: IASB introduces reduced disclosure framework for subsidiaries
• iGAAP in Focus — Financial reporting: IASB proposes amendments for contracts to buy or sell renewable electricity that have specified characteristics
• IFRS on Point — April 2024