Prezentacja oraz ujawnianie informacji finansowych – zmiany w MSSF
Presentation and disclosure of financial information – changes in IFRS

Summary/Abstract: The article discusses the planned changes to the principles of the presentation and disclosure of financial information. Attention is paid to the problem of excessive disclosure that causes unnecessary costs on the part of those who prepare statements. Moreover, disclosing irrelevant information makes it difficult for users to evaluate the entity’s financial position. In July 2013, IASB published its preliminary proposals of the resumed project of the new ”Conceptual Framework for Financial Reporting”. As proposed, the Conceptual Framework would directly regulate issues related to the presentation and disclosure of financial information. At the same time, under the project named ”Disclosure Initiative”, IASB has proposed amendments to IAS 1 on the application of the principle of materiality when disclosing financial information. The article proves the thesis that the proposed changes to Conceptual Framework and IAS 1 should contribute to improving the efficiency of the reporting process.

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