Corporate Reporting Insights - April 2023

Our April 2023 edition of Corporate Reporting Insights keeps you up to date with the latest Australian and global developments in corporate financial and sustainability reporting.

SUSTAINABILITY

• The reinvigoration of Australia’s safeguard mechanism
• Sustainable finance - Transforming financial relationships
• Concessional treatment of Australian Carbon Credit Units for primary producers
• Introducing 'Sustainability Spotlight'
• Watch our most recent ESG webinar – Getting the Board on board – the business case for sustainability

NEW ELEARNING COURSES

• Two new eLearning courses – Joint arrangements (IFRS 11) and Associates (IAS 28)

AUSTRALIAN DEVELOPMENTS

• Impairment testing – Can market capitalisation be used to determine fair value less costs of disposal?
• Reminder – Non-IFRS profit measures are not permitted in the statutory financial statements
• Six more listed entities add additional material business risk disclosure because of ASIC surveillance program

INTERNATIONAL DEVELOPMENTS

• Can loans issued with ESG-linked features be classified and measured at amortised cost?

USEFUL RESOURCES

• Watch our most recent IFRS & Corporate Reporting webinar – What does IFRS S2 mean for Australian entities/organisations?
• New BDO IFRS and corporate reporting resources by topic
• Comments sought on exposure drafts