SUMMARY REPORT – EFRAG BUSINESSEUROPE IASB JOINT WEBINAR: FUTURE OF IFRS DISCLOSURE REQUIREMENTS: WHAT WE LEARNT FROM THE FIELD TEST WITH EUROPEAN PREPARERS

EFRAG has issued a summary report of the EFRAG Business Europe IASB joint webinar ‘Future of IFRS disclosure requirements: What we learnt from the field test with European preparers’ on 10 December 2021′. At the event, field test participants shared their fieldwork experience on the IASB ED Disclosure Requirements in IFRS Standards—A Pilot Approach Read…

EFRAG UPDATE DECEMBER 2021

The December 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below. Read the complete news here

EFRAG’S FEEDBACK STATEMENT ON THE FIELD TESTING OF THE IASB’S ED DISCLOSURE REQUIREMENTS IN IFRS STANDARDS – A PILOT APPROACH

EFRAG has issued a feedback statement that summarises the findings from the field testing conducted with preparers, on the proposals in the IASBs Exposure Draft (“ED”) Disclosure Requirements in IFRS Standards& – Pilot Approach (Proposed amendments to IFRS 13 and IAS 19). ​EFRAG, in close coordination with the IASB, has conducted field testing activities of the IASB proposals…

EFRAG UPDATE NOVEMBER 2021

​The November 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​ Read the complete news here

EFRAG ENDORSEMENT STATUS REPORT – UPDATE

​The European Union has published a Commission Regulation endorsing IFRS 17 Insurance Contracts including the 2020 amendments. The Standard is effective for annual periods beginning on or after 1 January 2023. IFRS 17 replaces IFRS 4  Insurance Contracts and is designed to ensure that an entity provides relevant information that faithfully represents insurance contracts. This information would provide…