Comment deadline on management commentary paper
18 Apr 2006
We remind you that the deadline is 28 April 2006 for commenting on the Management Commentary Discussion Paper that was published by the IASB on 27 October 2005. The paper considers the role the IASB could play in improving the quality of the management commentary that accompanies financial statements.
It was prepared for the IASB by staff of its partner standard-setters from Canada, Germany, New Zealand, and the United Kingdom. The paper reviews existing national requirements or principles on management commentary and offers recommendations on how the IASB might promote the wider adoption of best practice in the interests of investors and others who use financial reports. While the IASB has discussed the paper, it has not yet developed tentative views on the authors' recommendations.