United Nation’s annual Micro-, Small- and Medium-Sized Enterprises Day (MSME Day)

Small- and medium-sized enterprises (SMEs) play a critical role in global economies—so they are central to the global transformation to sustainable business practices. Irrespective of jurisdiction, small- and medium-sized practices (SMPs) continue to be the preferred advisors to SMEs. They are ideally placed to help SMEs maximize the benefits of incorporating sustainability into their strategy […]

Contracts for Renewable Electricity – Proposed amendments to IFRS 9 and IFRS 7

“The International Accounting Standards Board (IASB) today has published an Exposure Draft proposing narrow-scope amendments to ensure that financial statements more faithfully reflect the effects that renewable electricity contracts have on a company. The proposals amend IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures. The IASB’s swift action responds to the rapidly growing global market for these contracts.