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Moving the conceptual framework forward

On 15 October, Richard Barker, Professor of Accounting, together with co-author Stephen Penman of Columbia Business School, presented a paper in Waterloo, Canada, at a conference hosted jointly by Contemporary Accounting Research  and the International Accounting Standards Board (IASB).  The formal discussants of the paper were Prof Tom Linsmeier, former academic board member of the US standard-setter, FASB, and Steve Cooper, board member at the IASB.

In the paper, Barker and Penman argue that the IASB’s Conceptual Framework understates the central role of uncertainty in determining the design of financial statement information. Richard describes the conference as 'a unique event, which brings together a top-tier research journal with global policy makers.' Richard will also be giving seminar presentations of the paper later this year, including at the universities of Copenhagen, Essex, Innsbruck, Portsmouth and Manchester, and also at the UK’s Financial Reporting Council and at the IASB itself.



Richard Barker View profile

Richard Barker is Professor of Accounting at Saïd Business School. Richard’s current research is focused on natural capital accounting, business responsibility and sustainability, and institutional structures for the regulation of ‘non-financial’ corporate reporting.
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