The Quoted Companies Alliance Financial Reporting Committee examined the Accounting Standard Board's consultation on its draft proposals for a new accounting framework in the UK. We urged the Accounting Standards Board (ASB) to reconsider its proposals, especially with regard to how the tiers for the framework are defined and the timing of the changes.
QCA Response to ASB's the Future of Financial Reporting Exposure Draft
The Quoted Companies Alliance Financial Reporting Committee examined the Accounting Standard Board's (ASB) consultation on its draft proposals for a new accounting framework in the UK.