+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
International Accounting
 

Commentary of leadership: history, description and analysis of the provisions on practice

Vol. 15, Iss. 12, MARCH 2012

Available online: 21 March 2012

Subject Heading: ON THE WAY TO THE INTERNATIONAL STANDARDS

JEL Classification: 

Petrova E.A. Graduate student of department“Accounting” department, Finance University under the Government of the Russian Federation
arist88@bk.ru

In December 2010 the International Accounting Standards Board (IASB) issued the non-binding Practice Statement Management Commentary. Management commentary is a narrative non-obligatory report on the financial performance of the entity and its prospects which can provide a context for the financial statements. The history of this new Practice Statement and its content, reviews its key aspects such as applicability for the entities and usefulness for the users are presented.

Keywords: management commentary, mandatory financial statements, users of financial statements, forward-looking information, Practice Statement

View all articles of issue

 

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 27, Iss. 3
March 2024

Archive