Advancing financial reporting pedagogy
By Prof Stephen Coetzee
Posted on 06 June 2012
Technical staff of the International Accounting Standards Board (IASB) held an event in London for teachers of International Financial Reporting Standards (IFRSs) from across the world on Monday, 14 May 2012. Since IFRS pedagogy is currently one of their primary research focus areas, Stephen Coetzee and Astrid Schmulian of the Department of Accounting represented the University of Pretoria amongst the group of 40 IFRSs academics.
The event provided a forum for those attending to
- participate in a workshop on framework-based IFRSs teaching;
- provide feedback to the IASB on providing support to those teaching IFRSs;
- discuss the development of new and amended IFRSs (especially on those IFRSs that have been issued but that are not yet effective) with the IASB technical staff;
- discuss recent interpretations of and amendments to IFRSs resulting from the annual improvements project with the IFRSs Interpretations Committee technical staff; and
- be updated by senior IASB technical staff on the main principles being considered in developing major new IFRSs that are on the IASB’s active agenda.
Stephen and Astrid intend to apply lessons learnt at the seminar in enhancing their pedagogy and research in this area. They particularly believe that valuable lessons were learnt in preparing framework-based teaching materials designed to develop their students’ professional judgment in financial reporting.

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