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IASB issues “Investor Perspectives” on prudence

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Jun 11, 2015

On June 11, 2015, the International Accounting Standards Board (IASB) released a new edition in its “Investor Perspectives” series. In this edition, IASB member Steve Cooper discusses the concept of prudence.

On May 28, 2015, the IASB issued an exposure draft on the conceptual framework, which reintroduced an explicit reference to prudence and states that the exercise of prudence supports neutrality.

For more in­for­ma­tion, see the June 2015 edition of the Investor Per­spec­tives newslet­ter on the IASB’s website.

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