RegulationCorporate GovernanceIASB in charities row

IASB in charities row

Charities' proposal that companies should tell stakeholders what they are doing in developing countries is ignored by IASB

The IASB has become embroiled in a row with charities after flatly ignoring
their call for companies to tell stakeholders what they are doing in developing
countries.

The Publish What You Pay coalition is campaigning for greater disclosure of
information from companies, particularly mining and extraction businesses,
operating in developing countries such as the Congo.

But the coalition’s proposals have been bypassed by the IASB, which is set to
discuss its ‘management’ approach at a meeting next week.

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