REVISITING THE JOINT FINANCIAL STATEMENT PRESENTATION PROJECT

摘要

Staff, and some board members, also think that they should look at the now-defunct joint financial statement presentation project. They point out that presentation in the financial statements is directly linked to note disclosure, given that the notes are supposed to expand and explain what is in the statements. They think therefore that they should look at the findings of the joint project team to see what might be learned from that. When this was debated at the board, there was no appetite to re-open the old convergence project or start a new presentation project.