CPA Canada recently issued The Rise of the Social Pillar: An Introduction to the ‘S’ in ESG As the website sums it up: Stakeholders increasingly expect organizations to consider the impact of social matters on their business models, operations and across their value chains. Additionally, regulators and governments across the globe are looking at integrating…

Here’s a summary of a request recently received by the IFRIC: The request described government measures that apply to entities that produce or import passenger vehicles for sale in a specified market. Under the measures, entities receive positive credits if in a calendar year they have produced or imported vehicles whose average fuel emissions are…

We’ve looked several times at some of the comments received on the IASB’s exposure draft Disclosure Requirements in IFRS Standards—A Pilot Approach: Proposed Amendments to IFRS 13 and IAS 19, for which comments were requested by a revised date of January 12, 2022 In a nutshell, the draft guidance would require entities to comply “with…

A recent Globe and Mail piece suggests: When it comes to ESG issues, Canada’s financial industry needs a skills upgrade Here are some extracts: There’s no shortage of discussion about the nuts and bolts of environmental, social and governance issues. Governments, regulators and investors are demanding more disclosure, more analysis and more management of business…

The IASB recently issued Extractive Activities – a Project Update, written by IASB member Tadeu Cendon As we’ve noted before, IFRS 6 allows issuers some concessions in how an entity develops its accounting policies for recognizing and measuring exploration and evaluation assets – it labels this as a “temporary exemption” from aspects of IAS 8.…

Let’s look at some more of the comments received on the IASB’s exposure draft Disclosure Requirements in IFRS Standards—A Pilot Approach: Proposed Amendments to IFRS 13 and IAS 19, for which comments were requested by a revised date of January 12, 2022 In a nutshell, the draft guidance would require entities to comply “with overall…

We recently looked at some of the comments received on the IASB’s exposure draft Disclosure Requirements in IFRS Standards—A Pilot Approach: Proposed Amendments to IFRS 13 and IAS 19, for which comments were requested by a revised date of January 12, 2022 In a nutshell, the draft guidance would require entities to comply “with overall…

A recent article on the ESG Core website announces: Barely an infant, ESG is under attack. That can inspire unity, create fractions or end up a mirage. Written by Attila Schillinger, it muses as follows: Stakeholder capitalism really is a hybrid experiment. Can we keep capitalism with its growth and consumption paradigms going while serving…

As we discussed here, the IASB issued the exposure draft Disclosure Requirements in IFRS Standards—A Pilot Approach: Proposed Amendments to IFRS 13 and IAS 19, with comments requested by a revised date of January 12, 2022 The driving premise is that “the notes in financial statements sometimes include too little relevant information, too much irrelevant…