The dangers of ignoring unrealised income

In a speech delivered in Tokyo on 3 September, IASB Chairman Hans Hoogervorst discussed the IASB’s project to update itsConceptual Framework and the dangers of ignoring unrealised gains and losses. He argued that excluding all unrealised gains and losses from Profit or Loss would not result in a faithful representation of a company’s financial performance and would be detrimental from a stewardship perspective.

Read the full speech.


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