EFRAG UPDATE AUGUST 2021
1 September 2021. The August 2021 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. Read the complete news.
EFRAG ENDORSEMENT STATUS REPORT – UPDATE
31 August 2021. The endorsement by the European Commission of the Amendments to IFRS 16 Leases- Covid19-Related Rent Concessions beyond 30 June 2021 is now reflected in the Endorsement Status Report. Read the complete news.
REMINDER – EFRAG REQUESTS COMMENTS ON ITS END-OF-JULY-DEADLINE CONSULTATION DOCUMENTS
30 August 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.
REMINDER | EFRAG PUBLIC CONSULTATION – DUE PROCESS PROCEDURES ON EU SUSTAINABILITY REPORTING STANDARD-SETTING – DEADLINE: 15 SEPTEMBER 2021
30 August 2021. EFRAG is consulting on proposed Due Process Procedures stipulating the requirements to be followed in its role as technical advisor to the European Commission in the preparation of draft European Sustainability Reporting Standards (ESRS) or draft amendments of ESRS. Comments, on all aspects of the proposals, are expected no later than 15…
EFRAG DISCUSSION PAPER: BETTER INFORMATION ON INTANGIBLES – WHICH IS THE BEST WAY TO GO?
27 August 2021. EFRAG has published a Discussion Paper on different possible approaches for better information on intangibles. EFRAG is asking constituents whether preparers can provide better information on intangibles, and if so, how. Comments are welcome by 30 June 2022. Read the complete news.
REMINDER | INVITATION TO PARTICIPATE IN EFRAG’S FIELD-TEST ON ED/2021/3 DISCLOSURE REQUIREMENTS IN IFRS STANDARDS (PROPOSED AMENDMENTS TO IFRS 13 AND IAS 19)
27 August 2021. EFRAG, in close coordination with EFRAG Member Organisations and other European National Standard Setters and the IASB, is conducting field-testing of the proposals in the IASB’s exposure Draft Disclosure Requirements in IFRS Standards (Proposed amendments to IFRS 13 and IAS 19). Field testing has started and will be carried out until 25…
REMINDER | JOINT WEBINAR: IASB’S AGENDA CONSULTATION AND EFRAG’S PROACTIVE RESEARCH AGENDA – 9 SEPTEMBER 2021 16:00 TO 18:00 (CET)
26 August 2021. On 9 September 2021 (16:00 – 18:00 CET), EFRAG, Accountancy Europe, BusinessEurope, EFFAS and IASB will host a joint outreach event on the IASB’s Third Agenda Consultation and EFRAG’s Proactive Research Agenda. Register now. Read the complete news.
EXPERTS CALLED FOR WORKING GROUPS TO PROVIDE INPUT ON THE DRAFTING OF SUSTAINABILITY REPORTING STANDARDS
25 August 2021. High level candidates sought for setting up expert working groups with expertise and experience on sustainability matters, to provide input for the development of draft European sustainability reporting standards Read the complete news.
Summary report – Joint Webinar: Business Combinations Under Common Control – Perspectives from Portugal
24 August 2021. Following the successful public joint webinar on Business Combinations Under Common Control, held on 8 July 2021 with CNC, OROC and the IASB, EFRAG has issued a summary report. In this webinar, Portuguese and European stakeholders expressed their views on the IASB’s Discussion Paper and EFRAG’s draft comment letter. The event recording is…
EFRAG’s Draft comment letter on the IASB Exposure Draft Initial Application of IFRS 17 and IFRS 9 – Comparative Information (Proposed amendment to IFRS 17)
05 August 2021. EFRAG has published its Draft Comment Letter in response to the IASB’s Exposure Draft Initial Application of IFRS 17 and IFRS 9 – Comparative Information (Proposed amendment to IFRS 17) and seeks constituents’ views on the proposals. Comments are requested by 15 September 2021. The Draft Comment Letter is available here. Read…