EFRAG

EFRAG & GRI landmark Statement of Cooperation

27 July 2021. Working towards international sustainability reporting convergence, EFRAG Project Task Force on European sustainability reporting standards (PTF-ESRS) and GRI sign landmark Statement of Cooperation. Read the detailed press release here. Read the complete news

EFRAG extends the period to participate to its field testing (25 October) and to respond to its draft comment letter (4 January 2021) on the New disclosure approach for IAS 19 and IFRS 13

23 July 2021. At its July 2021 meeting, the IASB decided to exceptionally extend the comment period for its Exposure Draft Disclosure Requirements in IFRS Standards—A Pilot Approach (the ‘ED’) to 290 days until 12 January 2022. Consequently, EFRAG is:  Extending its period to conduct its field-testing with preparers until 25 October 2021. Interested corporates,…

REMINDER – EFRAG requests comments on its end-of-July-deadline consultation documents

21 July 2021. EFRAG kindly requests constituents’ comments to its consultation documents on IASB projects on rate-regulated activities and business combination under common control and EFRAG research project on crypto-assets. These documents have forthcoming end-of-July deadlines. Read the complete news

RECORDINGS | EAA, EFRAG ICAS joint webinar: The price of time – discounting in financial reporting – 9/07/21

16 July 2021. EFRAG is inviting preparers of financial statements of rate-regulated entities to participate in an effects analysis of the proposed Standard in the IASB Exposure Draft Regulatory Assets and Regulatory Liabilities published in January 2021. Preparers are asked to complete an online survey by 30 July 2021. Read the complete news

Reminder – Effects Analysis: EFRAG seeks input of users that analyse rate-regulated entities – please provide input by 30 July 2021

16 July 2021. EFRAG is inviting users that analyse the financial statements of rate-regulated entities to participate in an effects analysis of the proposed Standard in the IASB Exposure Draft Regulatory Assets and Regulatory Liabilities published in January 2021. Users are asked to complete an online survey by 30 July 2021. Read the complete news

EFRAG Endorsement Status Report – Update

16 July 2021. The ARC vote on IFRS 17 Insurance Contracts including the Amendments is now reflected in the EFRAG Endorsement Status report. Read the complete news

SAVE THE DATE | EFRAG, Accountancy Europe, BusinessEurope, EFFAS and IASB joint webinar- the IASB’s Third Agenda Consultation and EFRAG’s Proactive Research Agenda – 9 September

16 July 2021. On 9 September 2021 (16:00 – 18:00 CET), EFRAG, Accountancy Europe, Business Europe, EFFAS and IASB will host a joint outreach event on the IASB’s Third Agenda Consultation and EFRAG’s Proactive Research Agenda. Register here. Read the complete news

EFRAG seeks comments on its draft endorsement advice on Amendments to IAS 12

14 July 2021. EFRAG is consulting on both its assessment of Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) (‘the Amendments’) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by…

Send your comments on EFRAG’s Discussion Paper: Accounting for crypto-assets (Liabilities)

14 July 2021. EFRAG’s Discussion Paper on Accounting for Crypto-Assets (Liabilities) (DP) – whose feedback will inform the ongoing IASB agenda consultation is open for consultation until 31 July 2021. Stakeholders can provide feedback by either completing the survey (available here) or by sending a comment letter to the discussion paper. Read the complete news

EFRAG welcomes Didrik Thrane-Nielsen as Project Director

13 July 2021. EFRAG is glad to announce the appointment of Didrik Thrane-Nielsen as Project Director. Didrik started with EFRAG on 1 July 2021. Read the complete news