Deakin University Integrated Reporting Centre
This work is timely in view of enterprise value, including intangible assets, being central to the concept of ‘sustainability’ being embraced by the IFRS Foundation and IOSCO as they work to create the new International Sustainability Reporting Standards Board (ISSB). The initial focus is on a climate reporting standard, with further work on broader ESG matters.
It is essential that the ISSB also focuses from Day 1 on intangibles as a major component of enterprise value. This work focused on intangibles and enterprise value is closely aligned to the where the foundation of corporate reporting is moving which will assist investors with their work on how they perceive and place value on intangible assets.