• March 2022 IFASS meeting report available

March 2022 IFASS meeting report available

12 May 2022

A meeting of the International Forum of Accounting Standard Setters (IFASS) was held on 7-8 March 2022.

A report summarising the discussions has been published.

Following topics were discussed at the meeting:

  • Update on ‘Restoring trust in audit and cooperate governance’
  • Separate Financial Statements
  • Non-current Liabilities with Covenants
  • Disclosure Initiative—Targeted Standard-level Review of Disclosures
  • Supplier Finance Arrangements
  • Review of the IFRS for SMEs Accounting Standard
  • IFR4NPO (an initiative to develop an international financial reporting guidance for non-profit organisations) project Update
  • Sustainability-related reporting
  • Post-implementation Review of IFRS 9: Classification and measurement

The report may be accessed here.