The IASB Investor Perspectives articles aim to make it easy for investors to keep up to speed on changes in the world of International Financial Reporting Standards and how those changes may affect an investor’s day job.
Each article is written by an IASB member and profiles the impact that future Standards or proposals may have on your analysis of performance and in comparing financial statements across companies. We encourage investors to read these articles and share their thoughts on the direction we are taking.
Stephen Cooper: Framework rethink will shape the landscape for investors
19 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...