The IASB recently posted on its website a summary report on an investor outreach event on profit or loss and the role of other comprehensive income, held on July 1, 2015 in cooperation with the European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS), and the Association Belge des Analystes…
The IASB has published for public consultation proposals to improve the Conceptual Framework for Financial Reporting, with comments to be received by October 26, 2015. Here’s how the news release summarized this step: The Conceptual Framework underpins International Financial Reporting Standards (IFRS) and helps the IASB to develop Standards that bring transparency, accountability and efficiency…
Observations on a recent address by IASB Chair Hans Hoogervorst I’m sure Hans Hoogervorst is a capable Chair of the IASB in most respects, but his speeches – at least as published on the website – are consistently awful. A recent example delivered in Tokyo, titled “Defining Profit or Loss and OCI… can it be…
John Hughes IFRS Blog 