For the last few years, I’ve had an account on Twitter, the social media service which restricts posts (or “tweets”) to 140 characters at a time (I scooped up the prime “IFRSCanada” label). I don’t put anything on there except links to the articles on this blog, but periodically I look through everything on Twitter…

And now for something completely different, just to be festive… This is a proposal, apparently of Indian origin, that’s been knocking around the web for several years now – you can find it here for instance, and in many other places, sometimes with slight variations. As far as I can see, it’s not currently on the IASB’s…