Discussion paper and comment letters 2008
On 29 May 2008 the IASB and US FASB jointly published a discussion paper that sets out the boards� preliminary views on the reporting entity concept and related issues.
The discussion paper is the third consultative paper to result from the boards� joint project on the conceptual framework.
The first two were a discussion paper and an exposure draft on objective of financial reporting, and the qualitative characteristics and constraints of decision-useful financial information.
The discussion paper was open for comment until 29 September 2008, the comment period has now closed. To view the comment letters click here.
Access the due process documents