EFRAG

EFRAG’s Feedback Statement on the IASB Exposure Draft ED/2021/9 Non-current Liabilities with Covenants

EFRAG has published its Feedback Statement related to its Comment Letter on the IASB Exposure Draft ED/2021/9 Non-current Liabilities with Covenants. Read the complete news here.

EFRAG’s Recommendations and Feedback Statement on Accounting for Crypto-Assets (Liabilities)

The Recommendations and Feedback Statement summarises the main comments received by EFRAG on its Discussion Paper – Accounting for Crypto-Assets (Liabilities) (the ‘EFRAG DP’) and includes EFRAG’s recommendations for developing IFRS requirements for crypto-assets (liabilities). Read the complete news here.

EFRAG thanks the PTF-ESRS for its tremendous work on the EDs Draft ESRS

The PTF-ESRS held its last plenary meeting on 25 and 26 April and handed over its Exposure Drafts to the EFRAG TEG and EFRAG SRB. The public consultation for the Exposure Drafts will be launched soon with a deadline of 8 August. Read the complete news here.

EFRAG Update March 2022

The March 202​2 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 issues its Due Process Procedures for Sustainability Reporting Standard Setting

EFRAG is pleased to inform stakeholders about a major development in its governance reform with the publication of the Due Process Procedures for Sustainability Reporting Standard-Setting (the DPP). The provisions contained in the DPP apply to the preparation of draft EU sustainability reporting standards by EFRAG. Read the complete news here.

EFRAG’s final comment letters on the IASB’S exposure drafts on Non-Current Liabilities with Covenants and Supplier Finance Arrangements

  EFRAG has published its comment letters in response to the IASB’s Exposure Drafts ED/2021/9 Non-Current Liabilities with Covenants and ED/2021/10 Supplier Finance Arrangements (the EDs). In the EDs, the IASB proposes to clarify the classification of liabilities with covenants as non-current versus current and to enhance the transparency of reporting for supplier finance arrangements…

EFRAG publishes today the last PTF-ESRS Cluster Working Paper

As part of the due process during the project mode EFRAG publishes the last PTF-ESRS Cluster Working Paper: ESRS G2 Products and services, management and quality of relationships with business partners. Read the complete news here

EFRAG seeks input from users and preparers on the effects of IFRS 15 on revenue recognition

Users and preparers are requested to provide input to an academic study on the effects of IFRS 15 Revenue from Contracts with Customers. The study will be important for EFRAG’s work related to the IASB’s Post-implementation Review of IFRS 15. Input can be provided by completing this survey. Read the complete news here.