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

EFRAG

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

EFRAG

​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

EFRAG

​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…

EFRAG’s Feedback Statement on the IASB Discussion Paper DP/2020/2 Business Combinations under Common Control

EFRAG

EFRAG published its Comment Letter on the IASB Discusion Paper DP/2020/2 Business Combinations under Common Control on 8 October 2021. This Feedback Statement summarises the comments received by EFRAG on its Draft Comment Letter and explains how those comments were considered by EFRAG during its technical discussions leading to the publication of EFRAG’s Comment Letter. Read the complete news

EFRAG BOARD WEBCAST MEETING 18 NOVEMBER 2021

EFRAG

EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 18 November 2021. The meeting will be open for duly registered observers from 10:25 to 11:50 hrs; however, EFRAG reserves the right to have closed sessions at any point in time during the debates. Read the complete news here

EFRAG’S DRAFT COMMENT LETTER IN RESPONSE TO THE IASB REQUEST FOR INFORMATION ON THE POST-IMPLEMENTATION REVIEW OF IFRS  9 – CLASSIFICATION AND MEASUREMENT

EFRAG

08.11.2021 EFRAG has published its Draft Comment Letter (DCL) 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 and seeks constituents’ views on how the IFRS 9 is working in practice. Comments on the Draft Comment Letter are requested by 14 January…