2024 Chartered Accountants IFRS Survey: CAs Highlight Climate, Digital, and Lease Reporting Trends

The 2024 Chartered Accountants IFRS Survey offers valuable perspectives on the evolving challenges and opportunities in financial reporting standards. Although climate reporting’s significance has diminished since 2021, it remains moderately important for many CAs, with 75% supporting independent assurance to boost confidence in climate disclosures. Digital financial reporting has strong backing, with over half of CAs advocating for its mandatory adoption for listed companies. The survey also highlights the ongoing impact of IFRS 16 Leases, which, while slightly reduced from 2022, continues to affect companies significantly. The Chartered Accountants ANZ will use these insights to influence local and international standards, aiming to enhance financial reporting practices. Resources: https://esgnews.com/2024-chartered-accountants-ifrs-survey-cas-highlight-climate-digital-and-lease-reporting-trends/