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Compiled by the International Federation of Accountants (IFAC) public policy and regulation staff, it covers news and events, consultations and comments, and an upcoming calendar of key meetings and webinars. The report focuses on areas including accounting and audit standards, enforcement and litigation, independence and ethics, public sector financial management, and ESG/sustainability, while noting that it is not a complete compilation.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/global-regulatory-report-july-2024/159712/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/global-regulatory-report-july-2024/159712.png","ImageObject",300,407,{"name":92,"@type":93},"Connor ","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-06","2026-08-29",true,{"@type":102,"interactionType":103,"userInteractionCount":46},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"Who compiled the Global Regulatory Report for July 2024?","Question",{"text":112,"@type":113},"The report was compiled by the public policy and regulation staff at the International Federation of Accountants (IFAC).","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What types of updates does the report include?",{"text":117,"@type":113},"It summarizes selected globally significant public policy and regulatory developments, including news and events, consultations and comments, and an upcoming calendar of meetings and webinars.",{"name":119,"@type":110,"acceptedAnswer":120},"Does the report aim to cover every regulatory development worldwide?",{"text":121,"@type":113},"No. The report explicitly states it is not intended to be a complete compilation of all developments.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},159712,1788021589,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":46,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":44,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":129,"read_time":143,"preview_page_count":4},687207022233,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Global Regulatory Report  \nJuly 2024  \nThis report was compiled by public policy and regulation staff at the International Federation of Accountants (IFAC), summarizing select globally significant public policy and regulatory developments impacting the accounting and auditing profession. The report is not intended tobe a complete compilation of all developments.  \n| \u003Cbr>Summary of News & Events\u003Cbr>|  |\n| --- | --- |\n|  |  |\n\nINDEX  \nAccountancy Europe  \nAustralia Brazil Canada EFRAGESMA  \nEuropean Commission  \nFAFFASB France FSB Germany GRI Hong Kong IAASBIASBIESBAIFAC IFIAR  \nIFRS Foundation Indonesia  \nIOSCO  \nIPSASB Ireland ISSB  \nItaly Japan Korea Malaysia Netherlands  \nNew Zealand OECD  \nPIOB Singapore South Africa The Monitoring Group  \nTNFD  \nUnited Kingdom  \nUnited States VRF  \nColor Key  \nAccounting / Auditing Profession  \nAccounting Standards AML & Corruption Audit Quality  \nAudit Standards COVID-19  \nEnforcement / Litigation Independence / Ethics Public Sector Financial Mgmt. ESG/Sustainability Tax Policy  \nUPCOMING CALENDAR   \nAugust 8: SEC closed meeting. SEC meeting  \nAugust 12: Standard-Setting Process Oversight Committee Meeting. FAF  \nAugust 13: FAF Board of Trustees Meeting. FAF  \nAugust 13: TNFD Webinar 101: An Intro to the Task Force on Nature-Related Financial Disclosures. TNFD webinar  \nAugust 13-15: AICPA & CIMA Governmental Accounting & Auditing Conference. AICPA & CIMA conference August 19: TNFD 101: Assessing Nature-Related Issues – Intro to the TNFD LEAP Approach. TNFD webinar  \nAugust 28: Supplementary IASB meeting: Contracts for Renewable Electricity. IASB  \nBack to Top  \nCONSULTATIONS & COMMENTS  \nAccountancy Europe  \nJuly 24 – Accountancy Europe has responded to the CEAOB consultation on non-binding guidelines on limited assurance on sustainability reporting. Accountancy Europe comment  \nCanada  \nJuly 15 – The ACSB IASB’s Exposure Draft, Business Combinations – Disclosures, Goodwill, and Impairment. ACSB comment  \nJuly 11 – CPAB has responded to the AASB Consultation Paper – 2026-2029 Strategic Plan. CPAB comment  \nEFRAG  \nJuly 23 – EFRAG’s summary reports on the educational sessions on IFRS 18 are available for consultation.  \nEFRAG consultation  \nJuly 19 – EFRAG submitted a Final Comment Letter on the IASB’s ED/2024/1 Business Combinations—Disclosures, Goodwill, and Impairment. EFRAG comment  \nGermany  \nJuly 26 – The IDW has commented to the Committee of European Auditing Oversight Bodies (CEAOB) on the draft \"non-binding guidelines on limited assurance on sustainability reporting\" of June 2024. IDW comment  \nHong Kong  \nJuly 12 – HKICPA has responded to IASB’s Exposure Draft: Business Combinations—Disclosures, Goodwill, and Impairment (Proposed amendments to IFRS 3 and IAS 36) . HKICPA comment  \nIASB  \nJuly 31 – IASB has published a consultation document proposing eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements. IASB consultation  \nJuly 30 – The IASB has published an Exposure Draft proposing amendments to its newest Standard, IFRS 19 Subsidiaries without Public Accountability: Disclosures. IASB consultation  \nIESBA  \nJuly 22 – IESBA has submitted a comment letter on CEAOB’s draft guidelines concerning limited assurance on sustainability reporting. IESBA comment  \nIndia  \nJuly 26 – The Auditing and Assurance Standards Board (AASB) of ICAI has issued the Exposure Draft of SA for LCE for public comments. ICAI consultation  \nJapan  \nJuly 18 – The FSA proposed the draft amendments to the regulatory notices concerning the \"designated International Financial Reporting Standards (IFRSs)\" stipulated in the \"Regulation for Terminology, Forms and Preparation of Consolidated Financial Statements.” FSA consultation  \nNetherlands  \nJuly 29 – The NBA has opened a consultation concerning the translation of ISQM1 into the Standard for Quality Management 1 (SKM1), and the amendments to ","cbCaitRfwUfB8M5e","https://ap.wps.com/l/cbCaitRfwUfB8M5e","pdf",595466,"English","# Summary of News & Events\n## Consultations & Comments\n## Upcoming Calendar","[{\"question\":\"Who compiled the Global Regulatory Report for July 2024?\",\"answer\":\"The report was compiled by the public policy and regulation staff at the International Federation of Accountants (IFAC).\"},{\"question\":\"What types of updates does the report include?\",\"answer\":\"It summarizes selected globally significant public policy and regulatory developments, including news and events, consultations and comments, and an upcoming calendar of meetings and webinars.\"},{\"question\":\"Does the report aim to cover every regulatory development worldwide?\",\"answer\":\"No. The report explicitly states it is not intended to be a complete compilation of all developments.\"}]","Global Regulatory Report - July 2024 | PDF",23]