PROGRAMME | EAA EFRAG ICAS Joint Webinar: The price of time: discounting in financial reporting - 09/07/21 13:00 to 15:30 (Brussels Time)

​​On Friday 9 July 2021, from 13:00 to 15:30, EAA, EFRAG and ICAS will hold a joint webinar​, in which academics and experts will debate the issue of discounting in financial reporting.

Guy Jubb, Chair ICAS Research Panel will set the scene

The following studies on discount rates in financial reporting will be presented:

• ​The Theory and Practice of Discounting in Financial Reporting Under IFRS by Iain Clacher, Alan Duboisée de Ricquebourg, Mark C. Freeman and Con Keating
• Discount rate in accounting: How practitioners depart the IFRS Maze Towards the end of determinism in accounting by Véronique Blum and Pierre Thérond
• Black Box Accounting​: Discounting and disclosure practices of decommissioning liabilities by Giovanna Michelon, Mari Paananen and Thomas Schneider

The presentation of the three studies (including Q&A sessions) will serve as input to the panel debate, moderated by Erlend Kvaal, EFRAG TEG member and EAA Financial Reporting Standards Committee member ​ ​on various aspects of discounting with:​

• André Geilenkothen, EFRAG Pension Plans Advisory Panel member, Aon Hewitt
• Sue Lloyd, Vice-Chair IASB
• Andrea Schenone, EFFAS Commission on Financial Reporting
• Allister Wilson, Assurance Partner, EY

Acadmics joining the panel discussion: Veronique Blum, Université Grenoble Alpes: Mark Freeman, York Management School and Mari Paananen, University of Gothenburg, School of Business, Economics and Law.

Annalisa Prencipe, EAA President will provide the closing remarks.

The audience will be encouraged to participate through polling questions and by submitting questions online to academics and panellists during the event.

Detailed programme and Registration form​​

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