While thanking the IASB for its efforts to improve disclosure requirements in IFRS 3 & IAS 36, EFRAG also provides recommendations and concerns following feedback from its constituents. EFRAG’s Final Comment Letter [here]. For more information – [here]
EFRAG has published a its Study: ‘State of play as of Q2 2024 | Implementation of European Sustainability Reporting Standards (ESRS): Initial Practices from Selected Companies’. This study aims to shed light on the initial practices of implementing the European Sustainability Reporting Standards (ESRS). As the ESRS implementation is still in its early stages, the findings should…
Mexican Pension Regulator Consar Prioritizes ESG with CESGA Certification. In a landmark decision highlighting the rising emphasis on Environmental, Social, and Governance (ESG) factors, the National Commission for the Retirement Savings System (CONSAR), Mexico’s overseeing body for pension funds, has recognized the Certified Environmental Social and Governance Analyst (CESGA) certification. Among a concise list…
On 18 July 2024, the IASB issued Annual Improvements Volume 11. It contains amendments to the following IFRS Standards: IFRS 1 First-time Adoption of International Financial Reporting Standards. IFRS 7 Financial Instruments: Disclosures. IFRS 9 Financial Instruments. IFRS 10 Consolidated Financial Statements. IAS 7 Statement of Cash Flows. EFRAG updated the EFRAG Endorsement Status Report. EFRAG Endorsement Status Report 19 July 2024.pdf.
This community will act as a sounding board, providing valuable insights and feedback on the usefulness of the disclosures included in the financial statements of eligible subsidiaries. Users such as credit analysts, banks, and minority shareholders are particularly encouraged to join. The input from this community will first be used to assess IFRS 19 Subsidiaries…
Webcast on XBRL Taxonomy and VSME. To watch the webcast please register here. The agenda and public documents of the meeting can be found here.
Webcast on: Business Combinations – Disclosures, Goodwill and Impairment, Clash Flow Reporting, Provisions – Targeted Improvements, Updating the Subsidiaries without public accountability: Disclosures Standard. To watch the webcast please register here. The agenda and public documents of the meeting can be found here.
Webcast on LSME and VSME with presenters Paolo Mazzeo, Chiara Del Prete, and Elisa Bevilacqua. To watch the webcast please register here. The agenda and public documents of the meeting can be found here.
Programme 1. Helping wherever the need is greatest Our Goal: Achieving the greatest impact by helping children wherever they live and whatever they need through flexible funding. In the light of various wars, conflicts, and catastrophes, this becomes the most important source of funding. Challenge: Whether after a natural disaster, in a war zone or…
EFRAG has released a video with the EFRAG Connectivity Advisory Panel (EFRAG CAP) leaders sharing the main takeaways from the recently published EFRAG connectivity project initial “Connectivity considerations and boundaries of different Annual Report sections”.