Close
Close

Comment: Conceptual framework for financial reporting

Grant Thornton International Ltd is pleased to comment on the International Accounting Standards Board's (the Board) Exposure Draft ED/2015/3 "Conceptual Framework for Financial Reporting" (the ED). We have considered the ED, as well as the accompanying draft Basis for Conclusions. We believe that the ED builds successfully on the preceding Discussion Paper and also represents a considerable improvement on the existing Conceptual Framework. We congratulate all concerned on producing a very well-written and coherent document in a relatively short period of time.

Download the PDF.