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Wednesday 22 October 2014

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Financial Statement Presentation

 Phase B - Replacement of IAS 1 and IAS 7 (Paused)


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Project milestones

 

This project is paused until the IASB concludes its ongoing deliberations about its future work plan (visit the Agenda consultation project page for more information).

The IASB and the US FASB are undertaking a project to develop a joint standard for financial statement presentation.

If adopted, the new proposals would replace the existing standards on financial statement presentation in IFRSs, IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows.

Read more

 

 

Project news

10 September 2010 IASB and FASB publish a  webcast entitled 'Financial Statement Presentation: presenting cash flow information'

10 August 2010 IASB and FASB publish  voice-over presentation and podcast introducing the staff draft

Click here to see all previous project news on this project.

 

Last IASB meeting update

1 March 2011

The staff presented the results and findings of its outreach activities related to the July 2010 staff draft of an exposure draft on financial statement presentation.

Click here to view the full update and to access all previous IASB updates on this project.

Click here to listen to all previous IASB updates on this project


Next discussion by the IASB

If and how the project will be continued, will be decided after the completion of the IASB's agenda consultation.

 

Page last updated: 6 March 2011

Related information

Click here for the joint IASB-FASB project page

Click here to participate in the IASB/FASB Financial Statement Presentation User Questionnaire on the staff draft

Click here for a copy of the summary of the boards' proposals

Click here for more information on outreach activities

Click here for details of joint IASB and FASB voice-over presentation and podcast introducing the staff draft

 

Project contacts

Phase A and Replacement of IAS 1 and IAS 7

Holger Obst
IASB Technical Manager
email:  hobst@ifrs.org  

 

Nicholas Cappiello
FASB Project Manager
email: ntcappiello@fasb.org