Nick Topazio ACMA, CGMA,
CIMA's Head of Corporate Reporting, rounds up the headline developments in the
financial reporting world this month.
- The IASB has announced changes to IAS 19 Defined benefit plans while it also seeks views on rate regulation further to developing guidance.
- A draft framework has been issued on integrated reporting to provide concise communication on value creation.
- The EC has issued amendments to large companies for additional information on social and environmental matters.
- The FRC has responded to the Competition Commission’s investigation into the statutory audit market and is considering accounting for share-based payments.