Frankfurt 2 March 2021
The EFFAS EMC welcomed the appointment of Andrea Schenone from the Swiss Financial Analysts Association to join EFFAS’ Commission on Financial Reporting (CFR) at their last videoconference held on 16 February 2021.
Andrea Schenone joins the 7 current members of the CFR which is now made up of representatives from 8 different EFFAS member societies. The EFFAS EMC and CFR members are sure that Mr Schenone will make a great contribution to the commission’s work.
The CFR provides analysts’ views on the definition of International Financial Reporting Standards (IFRS) to international accounting standards setters. Its members work closely with the International Accounting Standard Board (IASB) through the Global Analysts’ group and the European Financial Reporting Advisory Group (EFRAG) through the Users’ Panel. EFRAG provides advice to the European Commission on issues related to the implantation in Europe of IFRS.
The CFR’s work focuses on providing analysts’ opinion on consultation papers prepared by the IASB and participating in the harmonization process with international accounting standard setters.