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With a great majority of countries now committed to IFRS Standards and companies facing increasingly complex transactions, what does the future hold for the Standards?
The 2015 Agenda Consultation from the International Accounting Standards Board (the Board) sets out its vision for keeping IFRS Standards fit for purpose, while the Board’s commitment to revising the Conceptual Framework for Financial Reporting – its foundation for developing accounting standards – could have major consequences for IFRS Standards in the future.
Our materials will keep you informed about the Board's proposals and the changes and challenges ahead.
