Volunteer Opportunity Details


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Advocacy consultation working group - IASB's Discussion Paper: Disclosures, Goodwill and Impairment

Signup Deadline: 23-10-2020
Starts: 28-10-2020
Ends: 01-01-2021

Description:

The International Accounting Standards Board (IASB) has published a consultation on its potential changes to the required disclosures in M&A transactions and goodwill accounting. The IASB will accept comment letters up until 31st December and wishes to hear in particular from users of financial statements. CFA UK is looking to bring together a working group to consider the merits of the IASB’s proposals. The group will look to illustrate how users would use the proposed changes in their company analysis.

Details on this project can be found here

The purpose and activity of this working group is to:

  • Author a response to the IASB’s Discussion Paper by 31 December to reflect the views of CFA UK’s members. Submission well before the deadline, if feasible, would further raise CFA UK’s profile
  • Participate and support CFA UK to ensure that the membership and wider stakeholders are aware of and benefit from CFA UK’s public response to the IASB
  • Work closely with CFA Institute’s Corporate Reporting team to ensure strong and consistent messaging from CFA Institute, CFA UK and other CFA societies that decide respond

Who are CFA UK looking for?  

  • Members who are day-to-day users of corporate financial statements
  • A diverse Working Group from different industry sectors, asset classes and geographies
  • Strong writing and communication skills
  • Availability for 8-10 hrs in total during Q4 2020 (o/w ca. 4 hours in virtual or FTF meetings, and 4-6h preparation off-line)

What will you get out of it?

  • Purposeful participation in a group aiming to maximise the benefit of potential future changes to M&A disclosures and goodwill accounting to users of financial statements
  • Direct interaction with the IASB’s technical staff overseeing the project
  • Networking with and benefitting from the professional experience of other CFA UK members
  • Opportunity to present your findings to CFA UK’s Professionalism Steering Committee

Compliance Notes:

  • Group members should seek prior compliance clearance from their employers
  • Members will participate in a personal capacity and not as representatives of their employer

Volunteers Needed:

8 (8 open slots)

Experience Required:

4 - 6 Years Industry Experience

Contact:

Marissa Charles