Corporate Reporting Insights – February 2024
Our February 2024 edition of Corporate Reporting Insights keeps you up to date with the latest Australian and global developments in corporate financial and sustainability reporting.
Sustainability
- Draft legislation to mandate sustainability reporting in Australia
- How CFOs can drive value through ESG and sustainability
- Five key strategic sustainability drivers in 2024
- CFO Outlook Survey – Thriving companies see sustainability as an opportunity
- Green skills gap: Upskilling for climate risk and reporting
- Large entities not ready for ESG reporting
- 31 December 2023 Year-end Sustainability Reporting Update
- Taskforce on Climate-related Financial Disclosures disbanded at COP28
- Enhanced global application for SASB standards
- New educational materials available on IFRS S2 Climate-related Disclosures
- IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions
- New GRI standard on biodiversity
- Register now to attend our next sustainability webinar on 28 February or the rest of the series
- Watch our most recent ESG webinar – Latest Australian developments around sustainability, and looking ahead at 2024
Australian developments
International developments
- Accounting for a merger between a parent entity and its subsidiary – New IFRIC agenda decision
- Accounting in times of uncertainty
- IFRS 18 will change your profit or loss statement from 2027 - Watch the IASB’s webcast or read our previous article to find out how
- No change to the accounting for extractive activities
- IFRS Accounting Standards at a Glance – 31 December 2023
- 31 December 2023 Year-end IFRS Accounting Standards Update
Useful resources
- Register now to attend our next IFRS & Corporate Reporting webinar on 20 March or the rest of the series
- Watch our most recent IFRS & Corporate Reporting webinars – What’s hot and what’s not in 2024? and Classification of liabilities as current vs non-current
- New BDO IFRS and corporate reporting resources by topic
- Comments sought on exposure drafts