30 September 2021. EFRAG has published its Draft Comment Letter in response to the IASB’s Exposure Draft 2021/7 Subsidiaries without Public Accountability: Disclosures. In the ED, the IASB proposes that eligible subsidiaries can provide reduced disclosure requirements together with the recognition, measurement, and presentation requirements in IFRS Standards.
EFRAG seeks constituents’ views on the proposals. Comments on the Draft Comment Letter are requested by 26 January 2022.