Before the summer break, we once again report on current topics from accounting and sustainability reporting.
Once again, there are quite a few topics: For IPO candidates, the topic of ESG has become indispensable to support the success of the IPO. A convincing ESG strategy must therefore be established as early as the IPO preparation stage. The International Sustainability Standards Board (ISSB) has published the first two standards IFRS S1 and S2. The standards contain requirements for disclosures of material information about a company's significant sustainability-related risks and opportunities that are necessary for investors to evaluate the company. In addition, the EU Commission has approved the Delegated Regulation on Environmental Targets 3-6, amendments to existing Delegated Regulations and the Draft Commission Notice on minimum protection.
Another topic in this issue is the further developments in the German legislative process, at the German Accounting Standards Committee e. V. (DRSC) and the Institute of Public Auditors in Germany e. V. (IDW).
Finally, we inform you about the update of the International Financial Reporting Interpretations Committee (IFRIC update) on the results of the meeting on 6 and 7 June.
The next issue of Accounting News will be published in September 2023. Until then, I wish you a relaxing summer with many lasting positive impressions that will allow you to return to the workplace with renewed strength.
Here you can find an overview of all topics of the past Accounting News (Download PDF, 0.5 MB).
Dr. Hanne Böckem
Partner, Audit, DPP
KPMG AG Wirtschaftsprüfungsgesellschaft
