Wednesday, July 27, 2011

IASB 'Request For Views' Seeks Comment On Strategy, Work Program

Yesterday, the International Accounting Standards Board published a Request for Views: Agenda Consultation 2011, to seek broad public input on the strategic direction and overall balance of its future work program.

As noted in the IASB's press release:

The consultation document published today asks deliberately open questions to gather views on the IASB’s future work programme from all those involved in or affected by financial reporting. In particular, the IASB is seeking feedback on how it should balance the development of financial reporting with the maintenance of IFRSs and—with consideration of our time and resource constraints—those areas of financial reporting that should be given the highest priority for further improvement.

The comment deadline on the Request for Views: Agenda Consultation 2011 ends November 30.

An informational webcast on this topic will be conducted by the IASB on August 3.

Read more in the IASB’s press release.

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