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The Expert Committee on Corporate Reporting (FAB) has approved the draft of an IDW statement on accounting for emission allowances and GHG quota trading under commercial law (IDW ERS FAB 15). The final statement is intended to replace IDW RS HFA 15, which dates back to 2006.

In addition to additions and clarifications in the previous material scope of the pronouncement (emission allowances within the meaning of the German Greenhouse Gas Emissions Trading Act [TEHG]), additions to the pronouncement are planned for the accounting of national emission allowances within the meaning of the German Fuel Emissions Trading Act (BEHG) and greenhouse gas reduction quotas and obligations in accordance with the German Federal Immission Control Act (BImSchG).

The FAB recommends applying the draft of the new version of the announcement.

Comments on the draft can be submitted until 31 May 2025.

You can download the draft here.

KPMG Express Accounting News

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