On the ‘Disclosure Initiative – Principles of Disclosure’: The EAA Financial Reporting Standards Committee’s View

Cristina Abad, Elisabetta Barone, Benita Gullkvist, Niclas Hellman, Ana Marques, Jan Marton, Stephani Mason, Ricardo Menezes Silva, Ana Morais, Soledad Moya Gutierrez, Alberto Quagli, Anna Vysotskaya

Research output: Contribution to journalArticleScientificpeer-review

Abstract

This paper summarises the contents of a comment letter produced by a working group of 12 academics in response to the International Accounting Standards Board (IASB) Discussion Paper on principles of disclosure. The comment letter was submitted by the Financial Reporting Standards Committee (FRSC) of the European Accounting Association (EAA). The work includes reviews of relevant academic literature of areas related to the various questions posed by the IASB in the Discussion Paper, including the ‘disclosure problem’ and the objective of the project, the suggested principles of effective communication, the roles of the primary financial statements and notes, the location of information and the use of performance measures. The paper also discusses the disclosure of accounting policies, the objectives of centralised disclosure, and the New Zealand Accounting Standards Board staff’s approach to disclosure.

Original languageEnglish
Peer-reviewed scientific journalAccounting in Europe
Pages (from-to)1-32
Number of pages32
ISSN1744-9480
DOIs
Publication statusPublished - 29.09.2019
MoE publication typeA1 Journal article - refereed

Keywords

  • 511 Economics
  • IFRS
  • accounting principles
  • disclosure

Fingerprint Dive into the research topics of 'On the ‘Disclosure Initiative – Principles of Disclosure’: The EAA Financial Reporting Standards Committee’s View'. Together they form a unique fingerprint.

  • Cite this

    Abad, C., Barone, E., Gullkvist, B., Hellman, N., Marques, A., Marton, J., Mason, S., Menezes Silva, R., Morais, A., Moya Gutierrez, S., Quagli, A., & Vysotskaya, A. (2019). On the ‘Disclosure Initiative – Principles of Disclosure’: The EAA Financial Reporting Standards Committee’s View. Accounting in Europe, 1-32. https://doi.org/10.1080/17449480.2019.1664753