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IFR Bulletin 1 | 2021

12 January 2021

IFR Bulletins focus on the latest developments in international financial reporting.

IFR Bulletin 1 | 2021

In this issue:
31 December 2020 Year-End Ifrs Update

A number of amendments to IFRS are effective on 1 January 2020. Additionally, significant new IFRSs and amendments to existing IFRSs are effective from 2021 - 2023, including IFRS 17.

The IFRS Foundation is also considering whether it establishes a Sustainability Standards Board (‘SSB’) in order to establish a set of globally accepted non-financial reporting standards.