The QCA Financial Reporting Committee responded to the IFRS Foundation's strategy review, which seeks views in four areas – the IFRS Foundation’s mission, governance, the standard-setting process, and financing of the IFRS Foundation. The committee commented on the need for standards to not purely be driven by financial stability; the need for the IASB to have representative structure and one that involves those with smaller company experience in the standard-making process; and that post-implementation reviews should be carried out on standards.
QCA Response to IFRS Foundation Strategy Review
The QCA Financial Reporting Committee responded to the IFRS Foundation's strategy review, which seeks views in four areas
