Completeness of the qualitative characteristics using Foucauldian critical discourse analysis and content analysis paradigms: towards a revised conceptual framework

Purpose The qualitative characteristics of decision-useful financial information (as set out in the revised March 2018 Conceptual Framework for reporting International Accounting Standards Board [IASB]) are fundamental standard setting relied on by companies when making accounting policy changes and choices. However, there has not been an overarching universally agreed conceptual context characteristics. This paper aims to study completeness towards suggesting a revision Framework. Design/methodology/approach present evaluated these using Foucauldian critical discourse analysis content paradigms elucidate inclusion conundrum. allowed focus power relationships, governmentality subjectification society, as expressed through language practices IASB who ultimately decide Content was used analyse data collected via interviews with preparers users banks’ accounts, policies after framework published comment letters from banks wrote IASB. Findings Novel findings this revealed potential significant omissions constraints “materiality”, “transparency” “regulatory/supervisory framework”. Also, surrounding having shown be valid includable, adjective “decision-useful” reinstated chapter title project team technical writers needing show attention all comments. Originality/value From findings, freshly formulated can now submitted consideration IASB, international post-implementation review.