This edition of our quarterly newsletter provides essential updates and practical insight across accounting and sustainability reporting matters. It covers significant topics including IASB illustrative examples, fair value measurement: updated handbook, IFRS® compared to US GAAP: updated handbook, financial reporting in uncertain times: updated digital hub, IFRIC agenda decisions | IFRS 18 - Presentation of non-income taxes, hyperinflationary presentation currency | IAS 21 final amendments, be clear on climate in impairment | your how-to guide, SECP's notification with regards to  IFRS-18 & IFRS-19, and a podcast on the Areas of focus for 2025-year ends'. On the sustainability front, it covers Illustrative disclosures | tell your strategic story, amendments to IFRS S2 climate-related disclosures, GHG Protocol: updating Scope 2 emissions guidance, and GHG emissions reporting handbook.

We trust this newsletter will equip you with valuable knowledge to navigate current challenges and opportunities in the accounting and reporting landscape.