EFRAG issues draft comment letter on the IASB ED Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures

On September 20, 2024, EFRAG published its Draft Comment Letter (DCL) on the IASB’s Exposure Draft IASB/ED/2024/5, which proposes amendments to IFRS 19 concerning Subsidiaries without Public Accountability: Disclosures.  EFRAG supports the IASB’s initiative to update IFRS 19, including efforts to streamline the new and amended disclosures introduced in IFRS Accounting Standards from February 2021…

EFRAG calls for feedback on its draft comment letter on the IASB’s ED Climate-related and Other Uncertainties in the Financial Statements

On September 20, 2024, EFRAG issued a Draft Comment Letter (DCL) on the IASB’s Exposure Draft (ED) IASB/ED/2024/6, focusing on proposed illustrative examples for climate-related and other uncertainties in financial statements. EFRAG considers the examples helpful in applying IFRS Accounting Standards but suggests that further examples and standard setting may be needed to meet stakeholder…

EFRAG is hosting two workshops on 27 September 2024

EFRAG will hold two Workshops on September 27, 2024, from 9:30 to 11:30 CET, where the focus will be on the Revised LSME standard. This session is designed for companies subject to ESRS LSME and their representatives, including associations, auditors, and accountants. The EFRAG workshop will assess whether the revisions effectively incorporate feedback from public…

EFRAG SR TEG Meeting 12 September 2024

EFRAG held its EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG) meeting on Thursday; 12 September 2024. To watch the recording of the meeting session, here. The agenda of the meeting and supporting documents of the meeting, here.

EFRAG FR TEG-CFSS Webcast Meeting 12 September 2024

EFRAG held its EFRAG Financial Reporting Technical Expert Group on the Consultative Forum of Standard Setters (EFRAG FR TEG-CFSS) meeting on Thursday; 12 September 2024. To watch the recording of the meeting session, here. The agenda of the meeting and supporting documents of the meeting, here.

EFRAG Call for Candidates to join EFRAG SR Financial Institutions Advisory Panels

EFRAG is seeking candidates from civil society and the impact investment sector with strong technical expertise in European Sustainability Reporting Standards (ESRS) and sustainability reporting within the banking, capital markets, and insurance sectors. The selected candidates will join EFRAG’s Sustainability Reporting (SR) Financial Institutions (FI) Advisory Panels, which were launched on 28 February 2024. These…