IAS Plus Newsletter on management commentary

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09 Jul 2009

On 23 June 2009, the IASB published an exposure draft (ED) of proposed non-mandatory guidance for preparing and presenting a 'management commentary' – sometimes called 'management's discussion and analysis' or 'operating and financial review'.

In a management commentary, which normally accompanies but is not part of the financial statements, management explains how the entity's financial position, financial performance and cash flows relate to management's objectives and its strategies for achieving those objectives. Deloitte's IFRS Global Office has published an IAS Plus Update Newsletter – IASB Issues Proposals Regarding Management Commentary (PDF 62k) explaining the proposals. Click to go to the Project Page on the IAS Plus Website. Past issues of all IAS Plus newsletters are Here.


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