Showing 5 of 5 content results
Sustainability The Financial Reporting Impact of Climate Change: Challenges and Opportunities
Climate change is a pressing global issue that has far-reaching implications across various sectors. As the world grapples with the transition to a more sustainable future, businesses and investors need to consider the financial reporting implications of climate-related risks and opportunities. This article explores the impact of climate change on financial reporting and highlights the challenges and opportunities it presents.
Sustainability The European Sustainability Reporting Standards v. International Sustainability Standards Board: What are the differences?
The European Sustainability Reporting Standards (ESRS) and the International Sustainability Standards Board (ISSB) are two organisations that are developing sustainability reporting standards. These are the similarities and differences between the standards developed by the European Commission and the International Financial Reporting Standards (IFRS) Foundation.
IFRS Liability or equity? Classification of financial instruments as debt or equity under IFRS
The classification of financial instruments as either debt or equity has significant implications for the presentation and measurement on the balance sheet and income statement. This article outlines the various factors you should consider when making your assessment.
FRAS Financial reporting and accounting for Special Purpose Acquisition Companies (SPACs)
SGX’s framework for Special Purpose Acquisition Companies provides companies an alternative route to raise capital. But SPAC transactions can give rise to unique financial reporting and accounting issues under Singapore Financial Reporting Standards (International) (SFRS(I)s). In this piece, we break down what a SPAC is and key accounting considerations in SPAC transactions.
IFRS Capital raising - Accounting rules that may haunt you
This article analyses some of accounting considerations that companies need to keep in perspective to avoid potentially undesirable and unforeseen effects on financial statements.