This video provides an update on the UK Accounting Standards Board's proposals following a public roundtable in London.
Iain Selfridge, Accounting Consulting Services partner and Chris Jackson, Structuring Services partner, look at how the proposals have evolved since the ASB issued its discussion paper, what we can expect to see in the exposure draft (due to be issued in October 2010) and what these changes mean for UK companies and other entities currently applying UK GAAP.