Released 01 October 2021
The Financial Reporting Council (FRC) will be hosting a joint outreach event with the International Accounting Standards Board (IASB) to discuss the IASB's proposals for a comprehensive, objectives-based framework for management commentary to better meet global capital market needs and to facilitate high-quality, globally consistent narrative reporting.
The event will take place on 14 October 2021, from 4pm to 5pm.
The IASB will be represented by Board member Nick Anderson and Technical Staff members Yulia Feygina and Matt Chapman. Mark Babington and Deepa Raval from the FRC will provide an overview of the UK context for wider corporate reporting including the Strategic Report.
The exposure draft of the proposed new framework is open for comment until 23 November 2021.
More information can be found at https://www.frc.org.uk/news/october-2021/joint-frc-iasb-webinar-management-commentary.