Consultation response

18 November 2015

FEE comments on the IASB Conceptual Framework for Financial Reporting

In general FEE supports the International Accounting Standards Board (IASB)’s efforts to revise the Conceptual Framework for Financial Reporting and update the set of concepts to use for the future development of the International Financial Reporting Standards (IFRS). A complete, updated and robust framework would assist the IASB in its standard setting process and guide preparers of financial statements in selecting accounting policies. Furthermore, an updated framework can help users of financial statements and other constituents (including the external auditors) to better understand and comprehend the principles of IFRS.

FEE has both responded to the IASB Exposure Draft and the European Financial Reporting Advisory Group (EFRAG)’s public consultation on this matter. For more in-depth FEE views, please see these comment letters below.

Related documents:
 FEE comments on IASB Exposure Draft “Conceptual Framework for Financial Reporting”
 FEE comments on EFRAG’s public consultation “Exposure Draft: Conceptual Framework for Financial Reporting”

 

Related links: 
 Comment letter on EFRAG Research Paper: The Role of the Business Model in Financial Statements, 13 May 2014
 Comment letter on EFRAG Getting a Better Framework – Complexity Bulletin, 15 April 2014
 Comment letter to EFRAG on the IASB Discussion Paper: A Review of the Conceptual Framework for Financial Reporting, 21 January 2014

Related content

Consultation responseEFRAG’s Project Task Force on Non-financial reporting standards outreach document

25 January 2021

NewsReflections for the profession with respect to the disclosure and reporting of non-financial information

19 January 2021

Consultation responseEFRAG’s consultation document on the ad personam mandate on potential need for changes to the...

7 January 2021

Consultation responseIASB’s discussion paper on business combination – disclosures, goodwill & impairment and EFRAG’s draft comment...

30 November 2020

Consultation responseEFRAG’s consultation on the ad personam mandate on non-financial reporting standard setting

18 November 2020

Consultation responseEFRAG requests comments on its draft endorsement advice on IBOR Phase 2

4 September 2020

Consultation responseIASB’s Exposure Draft – General Presentation and Disclosures (Primary Financial Statements) & EFRAG’s draft comment...

28 July 2020

Consultation responseEFRAG’s draft endorsement advice on extension of the temporary exemption from applying IFRS 9

6 July 2020

Consultation responseIASB’s exposure draft concerning interest rate benchmark reform (Phase 2) and EFRAG’s draft comment letter

20 May 2020

Consultation responseEFRAG’s preparatory document of the Draft Endorsement Advice Covid-19-Related Rent Concessions Amendment to IFRS 16

18 May 2020

Consultation responseIASB’s exposure draft on proposed amendment to IFRS 16 related to covid-19-related rent concessions and...

7 May 2020

Consultation responsePreliminary consideration on interaction between IFRS 9 Hedge Accounting and IFRS 17 Insurance Contracts

23 April 2020

Consultation responseEFRAG’s assessment on interest rate benchmark reform

10 October 2019

Consultation responseIASB’s exposure draft on proposed amendments to IFRS 17 and EFRAG’s draft comment letter thereon

4 October 2019

Consultation responseEuropean Corporate Reporting Lab @EFRAG consultation on future projects

25 September 2019

Consultation responseEFRAG’s questionnaire on equity instruments – research on measurement

22 July 2019

Consultation responseIFRS Foundation’s Exposure Draft on proposed amendments to the Due Process Handbook and EFRAG’s Draft...

16 July 2019

SpeechDisability Hub Europe for Sustainable Growth and Social Innovation

21 March 2019

Consultation responseIASB’s discussion paper on Financial Instruments with Characteristic of Equity & EFRAG’s draft comment letter

19 December 2018

Consultation responseEFRAG’s 2018 research agenda consultation

31 May 2018

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?