IFRS Foundation releases guide for voluntary application of the ISSB standards
IFRS Foundation releases guide for voluntary application of the ISSB standards
The IFRS Foundation has released a ‘Voluntarily applying ISSB Standards—A guide for preparers’ to support entities that voluntarily apply the ISSB standards. This guide, released in response to investor demands, aims to help entities communicate their progress as they begin to apply IFRS S1 and IFRS S2. It includes transition reliefs and proportionality mechanisms to aid implementation. The guide is particularly useful for companies in jurisdictions without regulatory requirements, offering guidance on describing their application of these standards. It was published during New York Climate Week to support companies in meeting investor demand for globally comparable information.
Access to the press release and the guide is available at the link.
Access to the press release and the guide is available at the link.