CESGA 4.1: The First Certification Accredited by EFRAG as ESRS Compliant We are excited to announce that the CESGA 4.1 certification has achieved a significant milestone by becoming the first credential accredited by the European Financial Reporting Advisory Group (EFRAG) for compliance with the European Sustainability Reporting Standards (ESRS). This accreditation solidifies CESGA’s position as…
Call for investors and other stakeholders to help shape the IASB’s project on accounting requirements for intangibles. The International Accounting Standards Board (IASB) is asking investors, companies and other stakeholders to take part in its short survey on the accounting requirements for reporting on intangibles in company financial statements. 31 October, 2024. This survey is…
Apply Now: Extended Deadline for EFRAG Financial Reporting TEG – Applications Open Until 30 November 2024 On 28 October 2024, the European Financial Reporting Advisory Group (EFRAG) extended the application deadline for its Financial Reporting Technical Expert Group (EFRAG FR TEG) to 30 November 2024. Candidates should have: Strong technical expertise, Experience with IFRS, The…
Shaping the Future of Reporting: EFFAS President Jesús López Zaballos Advocates for Integrated Reporting at IFRS-OIBR Conference" Jesús López Zaballos on the business and investor case for integrated reporting, “Integrated Reporting must not lose sight of the methodological restrictions to be useful, ensuring that financial and sustainability-related disclosures are not presented as ‘mixed’ or only…
EFRAG Releases Feedback Statement on IASB’s Proposed Amendments to IFRS 3 and IAS 36 On 17 October, EFRAG published its Feedback Statement concerning the IASB’s Exposure Draft on Business Combinations—Disclosures, Goodwill, and Impairment. This document highlights the key responses from various stakeholders to the IASB’s proposals, as well as how EFRAG has incorporated this feedback…
EFRAG Issues Clarifications on Call for Tenders for ESRS Knowledge Hub On 16 October, EFRAG published an addendum to address questions related to its open Call for Tenders for the development of the ESRS Knowledge Hub. This call, initiated on 20 September 2024, invites proposals to create a robust application for the ESRS Knowledge Hub,…
Risk Control Metrics and Best Practices in Sustainable Investments at the 2024 Oxford Congress, by Jean-Philippe Desmartin. ABSTRACT Oxford, 18-20 September 2024. In recent years, sustainable investments have grown significantly, especially in Europe, fueled by regulatory frameworks such as Articles 8 and 9, thematic funds, and other ESG-labelled investment vehicles. Globally, this sector is managed…
EFRAG Endorsement Advice on Amendments to IFRS 9 and IFRS 7 On October 9, EFRAG completed its due process regarding the Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) and has submitted its Endorsement Advice to the European Commission. For more information: [here] These Amendments address…
EFRAG Conference 2024 Date: December 10, 2024Location: The Hotel Brussels, 38 Bd de Waterloo, BrusselsTime: 9:00 – 17:15 CET, followed by drinks. To register: here. Note that this is a physical event with online participation options. In-person registration is subject to confirmation. Save the date: [here] EFRAG is hosting its third annual conference, titled…
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…