This Framework discussion paper elaborates on the following issues: Purpose of the Framework, which users to focus on, entities within the Framework and the scope of financial reporting. The comment period is 4 months and ends on 18 March 2007. Printed copies will be available in a limited number upon request. Click on 'more' to download the Discussion Paper.

PAAinE represents an initiative undertaken by EFRAG and European National Standard Setters, in order to pool resources to enable Europe to become further involved in the global standard setting process. More discussion papers will be published in the near future, as a result of the PAAinE initiative.