This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Webcast – IASB Research Forum 2016: Moving the Conceptual Framework Forward: Accounting for Uncertainty

  • IFRS - AcSB Image

Dec 06, 2016

On December 6, 2016, the Accounting Standards Board (AcSB) released the webcast "Moving the Conceptual Framework Forward: Accounting for Uncertainty" from the third annual IASB Research Forum that was held in conjunction with the 2016 Contemporary Accounting Research Conference this October 2016.

To meet the objectives of financial reporting in the IASB’s Conceptual Framework, the "balance sheet approach" embraced by the Framework is necessary but not sufficient. Critical, but largely overlooked, is the role of uncertainty, which this session argues defines the role of accrual accounting as a distinctive source of information for investors when investment outcomes are uncertain.

Review the press release and webcast on the AcSB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.