TECHNICAL ROUND UP – IASB CONSULTS ON MANAGEMENT COMMENTARY GUIDANCE
June 1st, 2021
THE INTERNATIONAL Accounting Standards Board (IASB) is consulting on a new proposed comprehensive framework for companies preparing management commentaries to augment basic books, so this advice better informs investors. The IASB does not require accountants to release such additional analysis but warns that national regulators may require this going forward. So, the new guidance advises on how commentaries should be developed, setting out disclosure objectives about a clint company’s business model, strategy, resources and relationships, risks, external ...
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