Our Financial Reporting Expert Group helped us to respond to IFRS proposals to create an Accounting Standards Forum, which proposes to create a new advisory group to the International Accounting Standards Board (IASB), consisting of national accounting standard-setters and regional bodies with an interest in financial reporting. We commented that we believe that it is vital that the IFRS Foundation and the International Accounting Standards Board engages directly and regularly with both small and mid-size quoted companies that use IFRS and their investors on the development and implementation of standards.
QCA Response to IFRS Foundation Proposals to create an Accounting Standards Forum
Our Financial Reporting Expert Group helped us to respond to IFRS proposals to create an Accounting Standards Forum, which proposes to create a new advisory group to the International Accounting Standards Board (IASB), consisting of national accounting standard-setters and regional bodies with an interest in financial reporting.