Buy custom Comment Letter Iasb Framework 2008
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| Topic: |
Business
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| Number of pages / Number of words: |
16 / 4263 |
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For example if most of the management team of a company has all the shares why so much effort calculating the fair value? As part of the management they should have the information for calculating the fair value of the company and the insight if the money of the capital providers is well spent. I think the board should consider allowing only cash flow representation in the financial reports...
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I think the board should consider allowing only cash flow representation in the financial reports.
In the FASB statement of financing accounting already a distinction is made between business and non business organizations. I think parallel to this in the framework a distinction should be made in the IASB framework but now between economic entities of which the management and owners are the same and entities in which owner and management are not the same...
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Comment Letter Iasb Framework 2008
Discuss the assertion that the fair presentation requirements of IAS1 will undermine the UK’s view of true and fair.
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