Conceptual Framework for Financial Reporting

On 29 May 2015, the IASB published an exposure draft of its Conceptual Framework for financial reporting.

Keywords: Mazars, Thailand, IFRS, IASB

21 July 2015

The aim of this document is to improve financial reporting by augmenting, clarifying, and updating the existing Conceptual Framework so that it can be used by:

  • the IASB, when developing IFRSs; and
  • its stakeholders, to facilitate their understanding and implementation of IFRSs.

The comment period is open until 26 October 2015.

For more information, please see the full exposure draft.