EFRAG is consulting on its Draft Comment Letter in response to the IFRS Practice Statement Exposure Draft ED/2021/6 Management Commentary

28 July 2021. EFRAG has published its Draft Comment Letter in response to the IFRS Practice Statement Exposure Draft ED/2021/6 Management Commentary (the ‘ED’) and seeks constituents’ views on the proposals. Comments on the Draft Comment Letter are requested by 15 November 2021, by close of business. The draft comment letter can be found here.…

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,…