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Investor Perspectives article: Framework rethink will shape the landscape for investors

 23 July 2013


On 18 July 2013, the IASB published a Discussion Paper which proposes changes to its conceptual framework for financial reporting. The name alone may cause many of you to assume this to be a somewhat theoretical exercise of interest only to accounting geeks with seemingly little relevance to investors. However, this is far from being the case. While a framework for financial reporting is not in itself an accounting standard, the decisions taken now will have far-reaching consequences because the IASB will use the revised framework as it develops new and revised Standards (IFRS).

Read the full article: Framework rethink will shape the landscape for investors.