The International Sustainability Standards Board has released a draft digital taxonomy to improve accessibility and comparability of sustainability information

The Financial Reporting Council has issued a call for evidence to inform the key issues to consider for endorsement of the IFRS Sustainability Disclosure Standards in the UK

The International Accounting Standards Board (IASB) has issued a consultation on plans to review the effectiveness of the IFRS accounting standard for revenue from contracts with customers, IFRS 15

The government is consulting on options to simplify non-financial reporting rules and the appropriateness of current company thresholds

The IFRS Foundation has published educational material into SMEs accounting standards related to the effects of climate-related matters on financial statements 

The International Sustainability Standards Board (ISSB) is consulting on its priorities for the next two years, including sustainability-related research projects

The Financial Reporting Council (FRC) is consulting on amendments to FRS 102 and FRS 101 to introduce a temporary exception for accounting for deferred taxes

The US Financial Accounting Standards Board (FASB) plans to improve the accounting rules and transparency about crypto assets

The International Accounting Standards Board (IASB) plans narrow scope amendments to clarify the classification and measurement requirements for IFRS 7 and IFRS 9 Financial Instruments following feedback from stakeholders

In this month’s legal updates, Sophie Brookes and Debbie Shaw, Gateley, reviews rulings validity of signature in an email in Hudson v Hathaway and test of reasonableness in Benkert cases 

The International Accounting Standards Board (IASB) has proposed amendments to IAS 12 Income Taxes to reflect the introduction of the 15% global base tax rate

The UK Endorsement Board (UKEB) is consulting on minor amendments to IFRS 16 Leases due to come into effect from 2024 accounting year ends