News 2021


Sl.No Title Date
1 IASB provides transition option to insurers applying IFRS 17 9 December 2021
2 IASB proposes disclosure requirements to enhance the transparency of supplier finance arrangements 26 November 2021
3 IASB proposes narrow-scope amendments to IAS 1 to improve information companies provide about long-term debt with covenants 19 November 2021
4 IFRS Foundation announces International Sustainability Standards Board, consolidation with CDSB and VRF, and publication of prototype disclosure requirements 3 November 2021
5 IASB seeks stakeholders' views on IFRS 9 review 30 September 2021
6 IASB proposes minor amendment to transition requirements for insurers applying IFRS 17 and IFRS 9 for the first time 28 July 2021
7 IASB proposes reduced disclosure requirements for subsidiaries 26 July 2021
8 IASB consults on a new framework for management commentary reflecting changes in corporate reporting landscape 27 May 2021
9 IASB clarifies the accounting for deferred tax on leases and decommissioning obligations 7 May 2021
10 IFRS Foundation Trustees publish institutional arrangements for proposed new sustainability standards board 30 April 2021
11 IASB proposes amendments setting out accounting for when no foreign exchange rate exists 20 April 2021
12 Upcoming issuance of Amendment to MFRS 16: Covid-19-Related Rent Concessions beyond 30 June 2021 31 March 2021
13 IASB extends support for lessees accounting for Covid-19-related rent concessions 31 March 2021
14 IASB seeks comments to help shape its five-year plan 30 March 2021
15 IASB proposes a new approach that opens the way to better communication in the notes in financial statements 25 March 2021
16 IASB amends IFRS Standards to improve accounting policy disclosures and clarify distinction between accounting policies and accounting estimates 12 February 2021
17 IASB proposes to extend support for lessees accounting for Covid-19-related rent concessions 11 February 2021
18 IASB proposes new IFRS Standard to give investors a more complete picture of the financial performance of rate-regulated companies 28 January 2021
19 IFRS Foundation publishes educational material to support companies in applying going concern requirements 13 January 2021