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IASB to set up consultative group for updating the Management Commentary Practice Statement

  • IASB (International Accounting Standards Board) (blue) Image

10 Mar 2018

In November 2017, the IASB formally added a project to revise its Management Commentary Practice Statement to its agenda. The IASB is now seeking participants for a consultative group that will advise the Board on this project.

The Board is seeking candidates who have:

  1. a deep understanding of the information that existing and potential investors, lenders and other creditors need from management commentary and of areas of current practice where those needs are, or are not, being met; or
  2. expertise in developing or implementing management commentary regimes designed to meet those needs.

The Board expects to hold at least four consultative group meetings during the course of the project.

Please see the press release on the IASB website for more information. The deadline for applications is 20 April 2018.

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