IASB Better Communication in Financial Reporting

The IASB’s has a number of projects underway to promote the effective communication of information in the financial statements. Key projects include:
 

  • Primary Financial Statements
  • Disclosure Initiative
  • Management Commentary
  • IFRS Taxonomy


The FRC is monitoring these projects and responding to the IASB’s consultations.

Responses to IASB consultations

January 2018 Response to Exposure Draft (ED) ED/2017/6 Definition of Material (Proposed amendments to IAS 1 and IAS 8) (PDF)
September 2017 Response to IASB Discussion Paper - Principles of Disclosure (PDF)
January 2016 Response to IASB Exposure Draft ‘IFRS Practice Statement (Application of Materiality to Financial Statements)’  (PDF) 
March 2015 Response to the IASB Exposure Draft ‘Disclosure Initiative (Proposed Amendments to IAS 7)’  (PDF) 
July 2014 Response to the IASB Exposure Draft ‘Disclosure Initiative (Proposed amendments to IAS 1)’   (PDF)
June 2014 IASB Request for Information on the Application of Materiality (PDF)
 

 

Contacts

Debbie Crawshawe, Project Director
Rosalind Szentpéteri, Project Director 

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