{"id":1180,"date":"2020-07-13T13:50:49","date_gmt":"2020-07-13T11:50:49","guid":{"rendered":"https:\/\/eaa-online.org\/arc\/blog\/blog\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/"},"modified":"2022-10-19T08:32:35","modified_gmt":"2022-10-19T06:32:35","slug":"eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting","status":"publish","type":"post","link":"https:\/\/eaa-online.org\/arc\/blog\/2020\/07\/13\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/","title":{"rendered":"EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting"},"content":{"rendered":"<p><span style=\"font-family: arial,helvetica,sans-serif;\">Last Friday, 10 July 2020, the EAA collaborated with the IASB to bring you another mosaic piece in the EAA&#8217;s virtual events initiative: the <strong>IASB\/EAA virtual workshop<\/strong> on the IASB&#8217;s Primary Financial Statements project and its related Exposure Draft ED\/2019\/7 <em>General Presentation and Disclosure<\/em> (watch the video <a href=\"https:\/\/eaa-online.org\/arc\/portfolio\/iasbeaa-virtual-workshop\">here<\/a>).<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">IASB Board members Ann Tarca and Tom Scott as well as Staff members Ana Simpson and Aida Vatrenjak shared their expertise and gathered important insights and comments from the roughly 150 participants from all over the world, many of whom contributed actively to the lively discussion. EAA Financial Reporting Standards Committee Chair Peter Joos, a professor of accounting at INSEAD and former Executive Director of Equity Research at Morgan Stanley, contributed the perspectives of financial statements users and academic research. Baha Diyarov, EAA Executive Secretary, managed the technical aspects event, and I had the pleasure to moderate it.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">What excites me the most about this event is the opportunities it foreshadows for both academics and policymakers when it comes to <strong>evidence-informed standard setting<\/strong> (see former IASB research director Alan <a href=\"http:\/\/www.tandfonline.com\/doi\/abs\/10.1080\/17449480.2014.900269\">Teixeira 2014<\/a> in our association journal Accounting in Europe). Not only does this interactive format provide a direct, low-cost channel for academics to bring their pertinent research to the IASB&#8217;s attention and elicit standard setters&#8217; views on research topics and methods. It also allows the IASB direct access\u00a0to\u00a0the EAA&#8217;s deep and diverse pool of research expertise. A true win-win situation!<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">I want to thank all of you who contributed to making this event happen and rendering it valuable &#8211; and I am sure this will not have been the last IASB-EAA collaboration of this sort!<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">All the best,\u00a0<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">Thorsten<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday, 10 July 2020, the EAA collaborated with the IASB to bring you another mosaic piece in the EAA&#8217;s virtual events initiative: the IASB\/EAA virtual workshop on the IASB&#8217;s Primary Financial Statements project and its related Exposure Draft ED\/2019\/7 General Presentation and Disclosure (watch the video here). IASB Board members Ann Tarca and Tom [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":1181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[127],"tags":[2,5,6,3,7],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting - ARC<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting - ARC\" \/>\n<meta property=\"og:description\" content=\"Last Friday, 10 July 2020, the EAA collaborated with the IASB to bring you another mosaic piece in the EAA&#8217;s virtual events initiative: the IASB\/EAA virtual workshop on the IASB&#8217;s Primary Financial Statements project and its related Exposure Draft ED\/2019\/7 General Presentation and Disclosure (watch the video here). IASB Board members Ann Tarca and Tom [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eaa-online.org\/arc\/blog\/2020\/07\/13\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/\" \/>\n<meta property=\"og:site_name\" content=\"ARC\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-13T11:50:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-19T06:32:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eaa-online.org\/app\/uploads\/sites\/3\/2020\/07\/arc_logo_final_6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"453\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Thorsten Sellhorn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Thorsten Sellhorn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eaa-online.org\/arc\/blog\/2020\/07\/13\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/2020\/07\/13\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/\",\"name\":\"EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting - ARC\",\"isPartOf\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\"},\"datePublished\":\"2020-07-13T11:50:49+00:00\",\"dateModified\":\"2022-10-19T06:32:35+00:00\",\"author\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/27e68a34fe7757e65366c331f1442970\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eaa-online.org\/arc\/blog\/2020\/07\/13\/eaa-and-iasb-join-virtual-forces-new-opportunities-evidence-informed-standard-setting\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\",\"url\":\"https:\/\/eaa-online.org\/arc\/\",\"name\":\"ARC\",\"description\":\"Advanced Resources Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eaa-online.org\/arc\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/27e68a34fe7757e65366c331f1442970\",\"name\":\"Thorsten Sellhorn\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/members\/46\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting - ARC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"EAA and IASB join virtual forces: New opportunities for evidence-informed standard setting - ARC","og_description":"Last Friday, 10 July 2020, the EAA collaborated with the IASB to bring you another mosaic piece in the EAA&#8217;s virtual events initiative: the IASB\/EAA virtual workshop on the IASB&#8217;s Primary Financial Statements project and its related Exposure Draft ED\/2019\/7 General Presentation and Disclosure (watch the video here). 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