For 15 years BDO’s Accounting News has been your trusted source for all matters relating to accounting and financial reporting. However, over the years our remit has developed along with the responsibilities of finance departments - and so we are delighted to relaunch Accounting News as ‘Corporate Reporting Insights’. Corporate Reporting Insights will remain your ‘go to’ place for news on financial reporting developments and will also keep you up-to-date on all aspects of corporate reporting, including sustainability and ESG reporting.
Our February edition of Corporate Reporting Insights keeps you up-to-date with the latest Australian and global developments in corporate financial and sustainability reporting.
We are delighted to launch our easy-to-use IFRS resource which combines all BDO publications and training materials for specific topics in one location; and as always, we keep you abreast of updates relating to General Purpose Financial Statements. Sustainability reporting is evolving at a rapid pace and this month’s publications and webinars will ensure you stay abreast of developments; and we have updates on IFRS 17 Insurance Contracts as well as explanations on proposals that affect NFPs.
In addition to our newly launched sustainability webinars starting with ‘Demystifying the ESG process’ on 16 March, please continue to join us for our hugely successful IFRS & Corporate Reporting webinars: on 23 March we bring you ‘Getting Ready for IFRS 17 Insurance Contracts’.
NEW BDO IFRS AND CORPORATE REPORTING RESOURCES
AUSTRALIAN DEVELOPMENTS
- High Court decisions regarding classification of employees and contractors could affect employee benefit provisions
- Impairment still the top area for ASIC surveillance of financial reports; followed by the OFR
GETTING READY FOR GENERAL PURPOSE FINANCIAL STATEMENTS
SUSTAINABILITY
- Sustainability reporting - 10 questions boards and audit committees should be able to answer
- 31 December 2021 year-end sustainability reporting update
- Top five priorities for audit committees in 2022
INSURANCE
NOT-FOR-PROFIT ENTITIES
- Proposals to clarify some aspects of income and revenue recognition by NFPs
- Proposals to extend the ‘cost’ option for recognising right-of-use assets for concessionary leases
INTERNATIONAL DEVELOPMENTS
- Latest IFRIC agenda decision – do virtual power purchase agreements contain a lease?
- Hyperinflationary economies for the period ended 31 December 2021
OTHER
- Watch our most recent webinars – What’s hot and what’s not in 2022 and Interaction between Financial Statements and Sustainability (ESG) Reports
- BDO monthly webinars – please register for remaining 2022 webinars now
- New BDO resources and publications
- Comments sought on exposure drafts