EFRAG Update February 2022
The February 2022 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. Read the complete news here
COMMENT ON EFRAG’S DISCUSSION PAPER: BETTER INFORMATION ON INTANGIBLES – WHICH IS THE BEST WAY TO GO?
EFRAG published its Discussion Paper Better Information on Intangibles – Which is the best way to go? in August 2021. The Discussion Paper explores various approaches to improve information on intangibles in financial reports. Comments to the Discussion Paper are requested by 30 June 2022. Read the complete news here
EFRAG’S FEEDBACK STATEMENT ON MANAGEMENT COMMENTARY
The Feedback Statement summarises constituents’ feedback on EFRAG’s Draft Comment Letter relating to the IASB Exposure Draft 2021/06 Management Commentary and explains how EFRAG considered this feedback in developing its Final Comment Letter. Read the complete news here
EFRAG’S ENDORSEMENT ADVICE ON INITIAL APPLICATION OF IFRS 17 AND IFRS 9 – COMPARATIVE INFORMATION (AMENDMENT TO IFRS 17)
EFRAG has completed its due process regarding Initial Application of IFRS 17 and IFRS 9 – Comparative Information (Amendment to IFRS 17) and has submitted its Endorsement Advice Letter to the European Commission. Read the complete news here
EFRAG ASKS FOR YOUR VIEWS ON CLASSIFICATION OF LIABILITIES WITH COVENANTS AND SUPPLIER FINANCE ARRANGEMENTS
EFRAG invites constituents to complete either or both of its online questionnaires on Non-current Liabilities with Covenants and Supplier Finance Arrangements by 4 March 2022. Both projects aim to improve reporting of liquidity risks. Read the complete news here
EFRAG UPDATE JANUARY 2022
The January 2022 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published. Read the complete news here
EFRAG’S FINAL COMMENT LETTER IN RESPONSE TO THE IASB REQUEST FOR INFORMATION ON THE POST-IMPLEMENTATION REVIEW OF IFRS 9 – CLASSIFICATION AND MEASUREMENT
EFRAG has published its Final Comment Letter (‘FCL’) in response to the IASB request for information as a part of the Post-implementation Review (‘PIR’) of the classification and measurement requirements of IFRS 9 Financial Instruments. Read the complete news here
EFRAG COMMENT LETTER ON ED/2021/3 DISCLOSURE REQUIREMENTS IN IFRS STANDARDS – A PILOT APPROACH
EFRAG has published its comment letter on ED/2021/3 Disclosure Requirements in IFRS Standards – A Pilot Approach (Proposed Amendments to IFRS 13 and IAS 19) (‘The ED’). Read the complete news here
EFRAG WELCOMES THIRTEEN NEW MEMBER ORGANISATIONS IN SUSTAINABILITY REPORTING
EFRAG is glad to announce milestones in its governance reform relating to the integration of the sustainability pillar in its structure. EFRAG welcomes the membership of thirteen organisations with an interest in sustainability reporting. Read the complete news here
EFRAG DRAFT COMMENT LETTER ON SUPPLIER FINANCE ARRANGEMENTS
EFRAG has published its draft comment letter in response to the IASB’s Exposure Draft ED/2021/10 Supplier Finance Arrangements and seeks constituents’ views on the proposals. Comments on the draft comment letter are requested by 9 March 2022. Read the complete news here