Our Financial Reporting Expert Group has contributed to our response to the IASB: exposure draft, Disclosure initiative (Proposed amendments to IAS 1). We supported IASB's undertaking of a Disclosure Initiative and addressing what is a serious problem of over disclosure in financial statements. We noted that the proposed amendments to IAS 1 Presentation of Financial Statements arising from the Disclosure Initiative are a sensible clarification of IAS 1 and should assist preparers of financial statements in ensuring that disclosures remain focussed on information that is material and relevant for users.
QCA Response to IASB – Exposure draft, Disclosure initiative (Proposed amendments to IAS 1)
Our Financial Reporting Expert Group has contributed to our response to the IASB: exposure draft, Disclosure initiative (Proposed amendments to IAS 1)
