20/09/2024 - International Forum of Accounting Standard Setters (IFASS) meeting on 24-25 September 2024
The International Forum of Accounting Standard Setters (IFASS) will meet on 24-25 September 2024 in London to discuss topics related to financial and sustainability reporting. The meeting will be chaired by Chiara Del Prete, IFASS and EFRAG SR TEG Chairwoman. The meeting is hosted by the IFRS Foundation. This meeting will include standard-setters from 40 different jurisdictions worldwide.
On 24-25 September, in London, United Kingdom, the IFRS Foundation will host the IFASS meeting. The meeting will be chaired by Chiara Del Prete, IFASS and EFRAG SR TEG Chairwoman. She states:
"I am thrilled in hosting this independent forum for a technical dialogue between 40 different jurisdictions around the globe, where we will discuss challenges of financial and sustainability standard setting and implementation support."
Sébastien Harushimana, Pedro Faria, Vincent Papa and Rasmus Sommer, from EFRAG, will also be speakers.
This two-day meeting will cover the following topics related to financial reporting and sustainability reporting topics:
Day 1: 24 September 2024
- Process for selection of next IFASS Chair
- Power Purchase Agreements
- Jurisdictional updates – Asian journey to SR adoption
- IFRS 17 Implementation Issues
- Aligning UK GAAP with IFRS 15 and IFRS 16; Going concern; and Reduced Disclosures
- IAS 37 Targeted amendments
- Sustainable Philanthropy Framework (social topic)
- SR SMEs reporting
Day 2: 25 September 2024
- Intangible Assets
- Cash-flow Reporting
- INPAG and IPSASB Update
- Connectivity between Financial and Sustainability Reporting
- Climate-related and Other Uncertainties in the Financial Statements
- ISSB interoperability
- Jurisdictional Perspectives on Climate-related Standards
The International Forum of Accounting Standard Setters is a group of national accounting standard-setters from around the world, plus other organisations that have a close involvement in corporate reporting.
A summary report will be published in due course.
To receive more information, or join IFASS, please contact secretariat@ifass.net.
