World Accounting Report

Standard-setting: primary financial statements

At its November board meeting, the IASB reviewed the results of research done by the staff into the need for a reform of the requirements for presentation of financial statements. Staff said that their outreach suggested there was support for developing the requirement for the main performance statement, and to align the operating section of the statement of cash flows with that of profit or loss. There was little call for any change to the balance sheet.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2023 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.