This edition of our quarterly newsletter provides essential updates and practical insight across accounting and sustainability reporting matters. It covers significant topics including review of IFRS 16, impact of pillar two taxes and import tariff in financial reports, updated observations on insurers implementing real-time IFRS 17 and highlights from the 21st edition of Insights into IFRS. On the sustainability front, there is IFRS sustainability disclosures transition story, banks’ and insurers’ sustainability-related disclosures benchmarking analysis, latest ISSB standards disclosure checklist, and clarification on IFRS S2 climate-related disclosures.
We trust this newsletter will equip you with valuable knowledge to navigate current challenges and opportunities in the accounting and reporting landscape. To find out more about how KPMG can help your organization with your accounting needs, please feel free to get in touch with any of the contacts listed in this publication.