CAs asked to help with commentary research
4 Aug 08
ICAS members are being asked to help research aimed at understanding the 'expectations gap' between users and preparers of management commentary in reports and accounts and related audit assurance
The International Accounting Standards Board (IASB) intends to develop non-mandatory guidance on management commentary, with an exposure draft expected in the fourth quarter of 2008.
The Scottish Accountancy Trust for Education and Research (SATER) and ICAS are supporting a research project on management commentary and associated audit assurance by Ian Fraser and Bill Collins of the University of Stirling and William Henry of Glasgow Caledonian University.
As part of this project the researchers will be distributing a questionnaire to ICAS members in the investment community. If you receive a questionnaire, ICAS and the researchers would be grateful for your time in completing it and assisting with the project.