The Institute of Chartered Accountants of Scotland (ICAS) has urged the Accounting Standards Board (ASB) to undertake a substantial re-edit of its proposed Operating and Financial Review (OFR) Reporting Standard. ICAS was responding to the ASB’s reporting exposure draft of OFR.
ICAS argues that the draft would be much clearer if the ASB started with the government’s regulation as a framework and then expanded on each section where more guidance was necessary.
See full Manifest-i Article.
Posts
