• Register
Return to: Home > News > Industry Appointments > IASB calls for applicants to join management commentary consultative group

IASB calls for applicants to join management commentary consultative group

The International Accounting Standards Board (IASB) has called for application to the management commentary consultative group which will make proposals to the IASB on updating their IFRS Practice Statement.

The Practice Statement is a framework for presenting management commentary which accompanies financial statements, providing further information for investors and the IASB has long announced that it would look to update with the aim to include recent developments in non-financial data.

The board expects the group to have between 10 and 15 voluntary members and observers. The board is seeking candidates with a deep understanding of investor, lender and creditor needs from management commentary and current practices, as well as expertise in developing and implementing management commentary regimes. Securities regulators are also invited to participate as observers.

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

Top Content

    Choosing the right location can have cast-iron benefits

    As Game of Thrones, one of the biggest television shows of all time, comes to an end, Joe Pickard looks at how tax incentives offered to television and film production companies help the wider economy.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.