FRC outreach events for conceptual framework
14 Oct, 2013
The Financial Reporting Council (FRC) will be hosting two outreach events to discuss the International Accounting Standard Board's (IASB's) Discussion Paper "A Review of the Conceptual Framework for Financial Reporting". The results of the outreach events will help to inform the FRC's response to the IASB's discussion paper which is due by 14 January 2014.
There are two outreach events in November 2013; one in partnership with the Institute of Chartered Accountants in England and Wales (ICAEW) and one in partnership with The Confederation of British Industry (CBI).
Among the issues to be discussed are:
- what should be reported in the profit or loss account and other comprehensive income (OCI);
- the use of current market values and historical cost; and
- the role of prudence and stewardship.
Subsequent to the events, the FRC released the slide packs from the outreach events. These can be accessed below.
Click for:
- More information, including registration details for the joint ICAEW event on the FRC website
- Slide Pack: FRC and ICAEW Outreach event (link to FRC website).
- More information, including registration details for the joint CBI event on the FRC website.
- Slide Pack: FRC and CBI Outreach event (link to FRC website).
- IAS Plus article on the Conceptual Framework Discussion Paper
- IAS Plus project page on the IASB’s conceptual framework project
