EFRAG

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

New EFRAG TEG Country Liaison member for Germany

13 July 2021. The EFRAG Board approved the appointment of Ilka Canitz, ASCG technical staff, as EFRAG TEG Country Liaison member for Germany, effective 7 July 2021. Read the complete news

Summary report & Recordings – Good reporting practices on sustainability-related risks, opportunities, and linkage to business model– 25 May 2021

13 July 2021. The summary report of European Lab @EFRAG webinar: Good reporting practices on sustainability-related risks, opportunities, and linkage to business model, held on 25 May 2021, as well as the recordings of the event are now available. Read the complete news

EFRAG’s Endorsement Advice on Definition of Accounting Estimates (Amendments to IAS 8)

08 July 2021. EFRAG has completed its due process regarding Definition of Accounting Estimates (Amendments to IAS 8) and has submitted its Endorsement Advice Letter to the European Commission. The Endorsement Advice Letter to the European Commission can be found here. Read the complete news

EFRAG’s Endorsement Advice on Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2)

08 July 2021. EFRAG has completed its due process regarding Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2) and has submitted its Endorsement Advice Letter to the European Commission. The Endorsement Advice Letter to the European Commission can be found here. Read the complete news