Released 25 March 2021
The International Accounting Standards Board (IASB) is consulting on a new approach to developing disclosure requirements in IFRS Standards and new disclosure requirements for the Standards on fair value measurement and employee benefits.
The proposals would enable companies to enhance their judgement and reduce ‘boilerplate’ information, giving investors more useful information.
The consultation runs until 21 October 2021.
Further details, including links to the consultation documents, can be found at https://www.ifrs.org/news-and-events/2021/03/iasb-proposes-a-new-approach/.