Call: EFRAG Survey on IFRS 19 Reduced Disclosures EFRAG has launched a survey to gather views on the voluntary application of IFRS 19 Subsidiaries without Public Accountability: Disclosures. This standard allows eligible subsidiaries to prepare financial statements with reduced disclosure requirements under IFRS. The insights will help EFRAG evaluate: The costs and benefits of…
EFRAG released the Voluntary Sustainability Reporting Standard for non-listed SMEs (VSME) At the European Commission’s request, EFRAG delivered its Voluntary Sustainability Reporting Standard for non-listed SMEs (VSME). This technical advice aims to provide a simplified, proportionate framework for SMEs not covered by the Corporate Sustainability Reporting Directive (CSRD), helping them access sustainable finance and monitor…
The Association of Financial Analysts – Bankers in Romania (AAFBR) has a new Board of Directors The Association of Financial Analysts and Bankers in Romania (AAFBR) has elected a new Board of Directors for a two-year term, until the end of 2026.By a vote of the association’s members, Flavius Jakubowicz has been appointed President of…
First EFFAS Exam Center Established in Macau Introducing ESG Certification The European Federation of Financial Analysts Societies (EFFAS) Environmental, Social, and Governance (ESG) Certification Exchange and Exam Partnership Award Ceremony was held this morning at 10:30 a.m. at the headquarters of the Productivity and Technology Transfer Center in Macau. Pioneering Research in Sustainable Finance Li…
Gasperini Awards 2025 Press Release The European Federation of Financial Analysts Societies (EFFAS) is pleased to announce the opening of submissions for the Gasperini ESG Awards 2025, a prestigious annual award that recognizes the most groundbreaking and impactful research on Environmental, Social, and Governance (ESG) issues within finance and investment. With a total prize pool…
Capital Markets Yearbook 2024 Press Release EFFAS, the European Federation of Financial Analysts Societies, fully supports the latest analysis of the Savings and Investment Union (formerly known as Capital Markets Union). In April 2024, Enrico Letta, in his report “Much more than a market” proposed the creation of a Savings and Investments Union. Capital Markets…
EFRAG Conference 2024: Programme Available – Registrations Open On 10 December 2024, EFRAG will hold its third annual conference, “Advancing Transparency & Competitiveness in Challenging Times”, in Brussels. The event will focus on key developments in sustainability and financial reporting, offering insights from high-level speakers and experts in the field. For more information [here] …
Joint EFRAG-IASB Educational Session on IFRS 19 Subsidiaries Without Public Accountability On 2 December 2024, EFRAG and AISB are organising an interactive session on IFRS 19 and its impact on subsidiaries without public accountability. For more information [here] The event will cover: Introduction to IFRS 19 and its requirements. EU perspective on its application. Panel discussions with preparers…
EFRAG and European Commission Present Legal Framework and Standard-Setting Approach for ESRS for Non-EU Groups – Webinar Recording Available The recording and presentation slides of the webinar on ESRS for Non-EU Groups are now available for access. Presentation Slides [here] For more information [here] On 19-20 November 2024, EFRAG and the European Commission presented the legal framework…
EFRAG Publishes Discussion Paper on the Statement of Cash Flows EFRAG has released its Discussion Paper (DP) on the Statement of Cash Flows and is seeking public comments by 15 May 2025. Objective of the Discussion Paper: The DP identifies key issues with the Statement of Cash Flows as prepared under IAS 7. It outlines various objectives of the statement and explores how it is used by primary users…