FRC and ICAEW outreach event for IFRS 3 Business Combinations
03 Mar, 2014
The Financial Reporting Council (FRC) and the Institute of Chartered Accountants in England and Wales (ICAEW) will be hosting a joint IFRS 3 ‘Business Combinations’ Request for Information (RFI) outreach event for preparers and users on 25 March 2014.
The objective of the event is to obtain evidence about whether IFRS 3 (and related standards) was implemented on a consistent basis and to understand any unintended consequences arising from its introduction and implementation in practice. The event will enable participants to assist with evidence in the submission of the FRC and ICAEW responses to the International Accounting Standard Board’s (IASB’s) RFI on the Post-implementation of IFRS 3 ‘Business Combinations’.
As part of their call for evidence the FRC also invites interested parties to complete a questionnaire, jointly created with the European Financial Reporting Advisory Group (EFRAG) and the standard-setters of France, Germany and Italy.
Click for:
- More information, including how to attend the outreach event can be found on the FRC website.
- UK Accounting Plus story on the EFRAG and European National Standard Setter call for evidence.
- UK Accounting Plus story on the IASB's RFI on the Post implementation review of IFRS 3.
- UK Accounting Plus project page on Post-implementation review of IFRS 3
