Heads Up newsletter on IASB-FASB concepts paper
29 Jul 2006
Deloitte & Touche LLP (United States) has published a special issue of the (PDF 90k) summarising an IASB Discussion Paper and a related FASB Preliminary Views document, Conceptual Framework for Financial Reporting: Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information.
These documents, identical in all significant respects, are the first in a series of expected publications that are part of a joint project to replace the two boards' separate conceptual frameworks. The IASB Discussion Paper and the FASB Preliminary Views document can be downloaded from the boards' websites: www.iasb.org and www.fasb.org.