Investors: the IASB needs your input on accounting
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International Financial Reporting Standards (IFRSs) are aimed at ensuring that financial statements provide information that existing and potential investors and other capital providers need to make capital allocation decisions. Although as an investor your priority might not be the standard-setting process, it is important that the IASB gets your input, because the results of our projects will ultimately influence the information that you get from financial statements. So that we can better meet your needs, we want to make it as easy as possible for you to provide input on our work. Detailed accounting background or knowledge is not a requirement to speak to us about or provide feedback on our projects and proposals.
- Become a member of an official working group for a specific project (commitments vary, with meetings taking place a few times a year);
- Discuss your thoughts on a particular project with us informally;
- Comment formally on a project that is currently open for comment by submitting a comment letter; and
- Become a member of the Capital Markets Advisory Committee (CMAC), a dedicated user group that meets regularly with the IASB (meetings take place three times a year in our London office);
- Find out more about the Advisory Council Sub-Committee
For more information about how to get involved, contact Barbara Davidson, Principal in charge of the Investor Liaison programme, at email@example.com.