Related Discussions

• Conceptual framework

• 28 Sep 2012

• The staff presented their proposals to the Board as to how to approach the project on the conceptual framework. The staff recommended that the conceptual framework project should focus on elements of financial statements, measurement, reporting entity, presentation and disclosure. They also noted that the aim would be to work towards a single discussion paper covering all of the areas (rather than the previous joint IASB and FASB phase project on the conceptual framework), rather than separate discussion papers for each area.

• Conceptual Framework Phase A — Qualitative Characteristics (Sweep Issues)

• 17 May 2010

• The Board discussed sweep issues from the ballot draft.

• Conceptual Framework Phase A — Objectives and Qualitative Characteristics

• 15 Sep 2009

• The staff led the Board through a series of issues raised by Board members during their review of a pre-ballot draft of final chapters on the Objectives and Qualitative Characteristics of Financial Reporting.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 19 Mar 2009

• The objective of this session was to discuss concerns raised by respondents regarding the objective of financial reporting. The staff introduced the topics by noting that the ED proposed that the objective of financial reporting should encompass all decisions made by capital providers of a reporting entity in their capacity as capital providers.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 20 Jan 2009

• The Board commenced its redeliberations of Chapter 2 of the Exposure Draft of Phase A of the Conceptual Framework project: Qualitative Characteristics and Constraints of Financial Reporting.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 16 Dec 2008

• The IASB staff presented a preliminary analysis of the major issues raised by respondents to the Exposure Draft of Chapters 1 and 2 of the IASB Framework, which addressed the Objective of Financial Reporting and the Qualitative Characteristics and Constraints of Decision-useful Financial Reporting Information.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics and Phase D — Reporting Entity

• 21 Apr 2008

• The staff discussed Phase A and Phase D of the Conceptual Framework.

• Conceptual Framework Phase A — Exposure Draft on Objective and Qualitative Characteristics

• 19 Feb 2008

• The Board discussed a drafting issue related to the forthcoming Exposure Draft (ED) of Phase A of the Framework.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 13 Dec 2007

• At this meeting the Board discussed three options in relation to the replacement of the term 'reliability' with 'faithful representation' and, in particular, its implications for the recognition criteria in paragraph 86 of the existing Framework, which deal with the reliability of measurements.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 16 Oct 2007

• The Board discussed the following issues on how will new chapters fit with the existing Framework, amendments to other parts of the Framework, consequential amendments to existing IFRSs, effective date, and the objective of financial reporting.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 19 Sep 2007

• The staff presented a revised objective of financial reporting for the forthcoming exposure draft in order to address constituents' concerns about the role of stewardship in financial reporting.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 20 Jun 2007

• Following the analysis of comments received related to the Discussion Paper (DP) Preliminary Views on an Improved Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information, the staff presented issues requiring decisions by the Board.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics and Phase G — Application to Not-For-Profit Entities

• 18 Apr 2007

• During the meeting, the Board discussed the analysis of comments received related to the Discussion Paper (DP) Preliminary Views on an Improved Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information, and redeliberations on issues related to the conceptual framework project in general.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics and Phase B — Elements and Recognition

• 20 Feb 2007

• The Boards discussed phase A and phase B of the conceptual framework.

• Conceptual Framework

• 13 Dec 2005

• The Board were asked to consider three papers, as follows (1) Qualitative characteristics: costs and benefits (2) Elements 1: asset definition; and (3) Reporting entity: preliminary staff research.

• Conceptual Framework

• 19 Oct 2005

• The Board continued its discussion of a staff proposal on the process for assessing the qualitative characteristics of financial statements. The Board also discussed whether the objectives of financial reporting and the qualitative characteristics of financial statements were (or should be) the same for all types of entities. Further, the Board held a brief discussion on the objectives of financial reporting and a brief discussion of the proposed project plan.

• Conceptual Framework

• 20 Jul 2005

• The Board was joined in London by a member of the FASB staff and a member of the Canadian AcSB staff to discuss objectives of financial reporting, qualitative characteristics, and the definitions of 'understandability' and 'materiality'.

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 22 Jun 2005

• The Board discussed the second of three expected papers considering issues related to qualitative characteristics. In May, the Boards considered the qualitative characteristics of relevance and reliability (faithful representation).

• Conceptual Framework Phase A — Objective and Qualitative Characteristics

• 17 May 2005

• The Board discussed 'cross-cutting issues' relating to relevance and reliability and their component characteristics that were identified during the series of meetings held in November and December 2004 with small groups of Board members and staff.