IASB Announces a Public Forum on Disclosure Overload

On November 12th, the IASB announced holding a public forum on disclosure overload. 

The forum will be held, January 28, 2013 at a venue in London.

According to the IASB’s announcement, the goal of the forum is “to get a better understanding of the issues related to disclosure overload, and where and how improvements can be made”.  Forum topics will include;

  • The current state of financial report disclosures;
  • Identifying and understanding the main concerns preparers, auditors, regulators and users have about disclosures in financial reports, and their possible causes;
  • Identifying potential ways that entities can improve the clarity of financial reports within the context of the current IFRS requirements; and
  • Providing input into the disclosure and presentation sections of the IASB’s Conceptual Framework project.

Forum participants will include: investors, preparers, regulators, auditors, and standard-setters.

The related press notification did not indicate whether the forum will be available via webcast. 

Parties interested in attending the forum can obtain more information at the iasb website (iasb.org).


About docjonz

I am an Associate Professor of accounting at Hofstra University in Hempstead, NY. Additionally, I have more than 30 years of professional accounting experience in various capacities including auditing, accounting standard setting and corporate accounting policy.
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