EFRAG and UK ASB issue discussion paper on accounting standards
Jan 31, 2011
The European Financial Reporting Advisory Group (EFRAG) and the UK Accounting Standards Board (ASB) have issued a Discussion Paper Considering the Effects of Accounting Standards.
The purpose of the Discussion Paper is noted as "to put forward, for public comment, proposals to integrate (or further embed) into the standard setting due process a systematic process for considering the effects of accounting standards as those standards are developed and implemented". The discussion paper is open for comment until 31 August 2011.
Click for EFRAG press release (link to EFRAG website) and the discussion paper (PDF 1,421k).
