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Tuesday 31 May 2016

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Events


Speech by Hans Hoogervorst: 'The dangers of ignoring unrealised income'

 03 September 2014


Hans Hoogervorst, IASB ChairmanIn a speech delivered in Tokyo on 3 September, IASB Chairman Hans Hoogervorst discussed the IASB’s project to update its Conceptual Framework and the dangers of ignoring unrealised gains and losses. He argued that excluding all unrealised gains and losses from profit or loss would not result in a faithful representation of a company’s financial performance and would be detrimental from a stewardship perspective.

The speech can be downloaded here: 'The dangers of ignoring unrealised income'.

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