Corporate Reporting Insights – March 2024

Our March 2024 edition of Corporate Reporting Insights keeps you up to date with the latest Australian and global developments in corporate financial and sustainability reporting.

IFRS® Accounting Standards developments

• Entities may have to reclassify their borrowings at 31 December 2024
• Identifying embedded leases
• Accounting for cryptocurrencies (IFRS® Accounting Standards vs US GAAP)

Australian financial reporting developments

• Proposed ASX Corporate Governance Principles and Recommendations changes – Expanded risk disclosures and more

Not-for-profit entities

• Update on proposed Tier 3 financial reporting framework for private sector not-for-profit entities (NFPs)

Sustainability

• Proposed Australian Sustainability Reporting Standards and IFRS® Sustainability Disclosure Standards – A comparison 
• USA finalises climate disclosure rules without Scope 3 emissions
• The greenwashing trap - Why misleading marketing hurts consumers and businesses
• Activating organisational sustainability
• Mandatory climate reporting - Australia’s position and global trends
• Sustainability Reporting Jurisdictional Update - Q1 2024
• Corporate sustainability - From compliance to value creation
• IASB webcast on industry-based sustainability disclosures

Useful resources

• Register now to attend our next IFRS & Corporate Reporting webinar on 17 April the rest of the series
• Register now to attend our next sustainability webinar on 27 March or the rest of the series
• Watch our most recent IFRS & Corporate Reporting webinars – Revenue recognition refresher
• Watch our most recent ESG webinar – Activating sustainability at your organisation
• New BDO IFRS and corporate reporting resources by topic
• Comments sought on exposure drafts