EFRAG

EFRAG’s joint consultation on the IASB’s future agenda and on EFRAG’s proactive research agenda

20 May 2021. EFRAG is issuing a joint consultation document seeking input on: Its draft comment letter in response to the IASB’s request for information (RFI) on its agenda consultation; and EFRAG’s own proactive research agenda. By combining the two consultations, EFRAG expects that the priorities identified by European constituents will also inform the selection…

Call: Participants for field work: New disclosure approach for IAS 19 and IFRS 13

20 May 2021. EFRAG, in close coordination with the IASB, will conduct field-testing of the IASB’s proposals included in the ED Disclosure Requirements in IFRS Standards—A Pilot Approach ED/2021/3 issued in March 2021. The purpose of the field testing is to identify potential implementation and application concerns of the proposed disclosures in IFRS 13 Fair…

Commissioner McGuinness invites EFRAG to start technical work on draft sustainability reporting standards and proceed with governance reforms as soon as possible

17 May 2021. In a letter dated 12 May 2021, Commissioner McGuinness invites EFRAG to launch as soon as possible the necessary technical work to develop draft sustainability reporting standards. This work is to be undertaken in parallel to the negotiations of the proposed Corporate Sustainability Reporting Directive (CSRD). The Commissioner also asks EFRAG to…

Commissioner McGuinness invites EFRAG to start technical work on draft sustainability reporting standards and proceed with governance reforms as soon as possible

17 May 2021. In a letter dated 12 May 2021, Commissioner McGuinness invites EFRAG to launch as soon as possible the necessary technical work to develop draft sustainability reporting standards. This work is to be undertaken in parallel to the negotiations of the proposed Corporate Sustainability Reporting Directive (CSRD). The Commissioner also asks EFRAG to…

EFRAG’S feedback statement on the IASB’s Exposure Draft ED/2020/4 Lease Liability in a Sale and Leaseback

12 May 2021. The feedback statement summarises the main comments received by EFRAG on its draft comment letter to the IASB Exposure Draft ED/2020/4 Lease Liability in a Sale and Leaseback. and explains how this considered by EFRAG during its technical discussions. Read the complete news

Summary report – Explanatory Webinar relating to the Post-Implementation Review of IFRS 10,11, 12 – 1 March 2021

12 May 2021. EFRAG has issued the summary report of the Explanatory Webinar on the IASB’s Request for Information (RFI) on the Post-Implementation Review of Consolidated Financial Statements, Joint Arrangements and Disclosures – A User’s Perspective, held on 1 March 2021. Read the complete news

EFRAG’s draft comment letter and invitation to participate in field-test on ED/2021/3 Disclosure Requirements in IFRS Standards—A Pilot Approach

11 May 2021. EFRAG’s has published its draft comment letter on ED/2021/3 Disclosure Requirements in IFRS Standards—A Pilot Approach (Proposed amendments to IFRS 13 and IAS 19), seeks constituents’ view on and invites preparers to participate in field testing the proposals. EFRAG, in close coordination with EFRAG Member Organisations and other European National Standard Setters…

Join the EFRAG symposium on Intangibles and value creation at the EAA congress! – 28 May 9.00 am (Brussels time)

11 May 2021. Join the EFRAG symposium on Intangibles and value creation on Friday 28 May from 9.00 till 10.30 am (Brussels time) at the virtual EAA annual congress. Hear different views and discuss with our speakers: Nick Anderson, Patrick de Cambourg, Chiara Del Prete, Begoña Giner, Peter Sampers, Saskia Slomp and Jed Wrigley. Register…

EFRAG Endorsement Status Report – Update

07 May 2021. ​The Endorsement Status Report now reflects the publication of Deferred Tax related to Assets and Liabilities arising from a Single Transaction, amending IAS 12 Income Taxes by the IASB on 7 May 2021 and other timing changes.​ Read the complete news

EFRAG Update April 2021

30 April 2021. The April 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