14. November 2024
IOSCO publishes report on Transition Plans
The International Organization of Securities Commissions (IOSCO) published a report on transition plan disclosures on 13 November 2023. Read more
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13. November 2024
First draft of EFRAG Implementation Guidance on transition plans
For the EFRAG TEG meeting on 4 November 2024, EFRAG published a first draft of an Implementation Guidance on transition plans (EFRAG IG draft – Transition Plan for Climate Change Mitigation). This draft was previously developed together with an Advisory Group which consists of representatives from various European institutions. Read more
13. November 2024
IASB Exposure Draft ED/2024/8 – proposed amendments to IAS 37 (Provisions)
The IASB have published the Exposure Draft (ED/2024/8) “Provisions – targeted improvements (proposed amendments to IAS 37)”. Further, the IASB have published Guidance on implementing and Basis for Conclusions as accompanying documents. Read more
12. November 2024
IFRS Evaluation: Presenting results from the company survey and panel discussion with BdB and BDI on 9 December 2024
The ASCG, in cooperation with the Bundesverband deutscher Banken (BdB) and the Bundesverband der deutschen Industrie (BDI), invites all interested parties to attend a Presentation and Public Panel Discussion (in German) on Monday, December 9, 2024 from 5:00 p.m. to 7:00 p.m. Read more
7. November 2024
ASCG comments on the ED/2024/4 Translation to a Hyperinflationary Presentation Currency
On 6 November 2024, the ASCG submitted its comment letter on the IASB ED/2024/4 Translation to a Hyperinflationary Presentation Currency (Proposed amendments to IAS 21) (view previous news item) to the IASB. At the same time, the ASCG submitted its comment letter on EFRAG's Draft Comment Letter on this ED to EFRAG. Read more
1. November 2024
Hamburg Sustainability Reporting Forum 2024 – Registration still possible until November 6!
The first Hamburg Sustainability Reporting Forum will take place on November 14 and 15, 2024. Together with the Sustainable Finance Research Group at the University of Hamburg, the German standard setter, DRSC, is organizing a conference on the implementation and further development of the ESRS. Read more
1. November 2024
IPSASB publishes Exposure Draft on climate-related disclosures for the public sector
The IPSASB (International Public Sector Accounting Standards Board) emphasises the leading role of the public sector to mitigate climate change and the related demand for high-quality sustainability reporting. Therefore, it has issued an Exposure Draft on climate-related disclosures for the public sector for consultation (IPSASB SRS ED 1). Read more
31. October 2024
DRSC-AFRAC project group consults first interim result of their project
The German Accounting Standards Committee (DRSC) and the Austrian Financial Reporting Advisory Committee (AFRAC) are currently systematically collecting translated technical terms (English-German) in Set 1 of the European Sustainability Reporting Standards (ESRS) as part of their joint group work. This systematic collection of terms aims to provide a foundation for the future translation of the VSME ESRS (Voluntary ESRS for Small and Medium-sized Enterprises). Read more