Corporate Reporting Insights – May 2024
Sustainability
- Senate Economics Legislation Committee reports back on climate reporting legislation
- Federal Budget: Renewed investment in Australia’s superpower
- Australian Sustainability Reporting Standards expected by August 2024 - Are you ready?
- ASIC says: Start preparing for climate reporting now
- Understanding carbon accounting and why it’s important
- Sustainability maturing in corporate strategy
- 31 March 2024 Sustainability Reporting Update
- Corporate Sustainability Reporting Directive for Non-EU Companies
- EU Reporting: Corporate Sustainability Reporting Directive – Summary of Scope and Requirements
- Prioritise, Engage, Upskill and Break Cultural Barriers for a Sustainable Future
- Looking forward: The ISSB’s next focus for sustainability reporting
- Five tips to help you prepare for Taskforce for Nature-related Financial Disclosures (TNFD)
Australian financial reporting developments
- ASIC announces key focus areas for its 30 June 2024 financial reporting surveillance
- Important notice for large private companies with ‘grandfathered’ status
- Registrable superannuation entities to prepare remuneration reports for 30 June 2024
- ASIC extends legislative instruments for auditor independence and parent entity financial reporting relief
IFRS® Accounting Standards developments
- Hyperinflationary economies update (May 2024)
- Reduced disclosures for subsidiaries without public accountability, but not in Australia
- Entities may have to reclassify their borrowings at 31 December 2024 – Part 3
- IFRIC agenda decision – Recognising provisions for climate-related commitments
- IFRIC agenda decision – Vendor payments during handover periods
Useful resources
- Register now to attend our next IFRS & Corporate Reporting webinar on 19 June or the rest of the series
- Register now to attend our next sustainability webinar on 29 May or the rest of the series
- Watch our most recent IFRS & Corporate Reporting webinar – Update on financial and sustainability reporting - Preparing for 30 June 2024
- Watch our most recent ESG webinar – Understanding carbon accounting and why it's important
- Our Carbon Accounting Masterclass has limited dates and places left – Find out more
- New BDO IFRS and corporate reporting resources by topic
- Comments sought on exposure drafts