EFRAG invites investors and potential users of LSME sustainability statements to participate in an online workshop in the first half of September 2024.

EFRAG

EFRAG invites investors and potential users of LSME sustainability statements to participate in an online workshop in the first half of September 2024. The workshop will focus on whether the Revised LSME still meets investors’ needs and gather technical input to refine the standard.   To read more or participate in the workshop – [Here] Resources…

EFRAG Releases Final comment letter on IASB´s ED Contracts for Renewable Energy

EFRAG

EFRAG Releases Final comment letter on IASB´s ED Contracts for Renewable Energy EFRAG has released its final comment letter on the IASB’s Exposure Draft Contracts for Renewable Electricity. EFRAG supports the IASB’s efforts to address the increasing prevalence of Power Purchase Agreements in line with the European Green Deal, but makes suggestions regarding scope, own-use assessment,…

EFRAG Releases New ESRS Q&A Explanations Covering the January-July 2024 Period  

EFRAG

EFRAG Releases New ESRS Q&A Explanations Covering the January-July 2024 Period   EFRAG released 23 new Explanations to be added to its Compilation of Technical Explanations to assist stakeholders in the implementation of the ESRS via the EFRAG ESRS Q&A Platform. The Compilation of Explanations now includes a total of 93 explanations released between January and July 2024.     These responses…

EFRAG Releases its Annual Review 2023

EFRAG

EFRAG Releases its Annual Review 2023 This report provides insights on the main achievements of the organisation in the past year and the important developments that took place for both the financial and sustainability reporting fields in the first half of 2024. For more information – [Here] Resources Here

EFRAG has just released its final comment letter on the IASB’s ED Business Combinations—Disclosures, Goodwill, and Impairment

EFRAG

EFRAG has just released its final comment letter on the IASB’s ED Business Combinations—Disclosures, Goodwill, and Impairment 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] Resources here

EFRAG Releases Study on Early Implementation of ESRS: Insights from Selected EU Companies for Q2 2024

EFRAG

EFRAG Releases Study on Early Implementation of ESRS: Insights from Selected EU Companies for Q2 2024 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…

19 July 2024, EFRAG Endorsement Status Report – Update

EFRAG

19 July 2024, EFRAG Endorsement Status Report – Update 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…

16 July 2024, EFRAG Call to Join Newly Formed Community aimed at assessing and improving the disclosures under IFRS 19

EFRAG

16 July 2024, EFRAG Call to Join Newly Formed Community aimed at assessing and improving the disclosures under IFRS 19 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…

17 July 2024, 09:47 CEST Online & in person Event: EFRAG FRB Webcast Meeting

EFRAG

17 July 2024, 09:47 CEST Online & in person Event: EFRAG FRB Webcast Meeting Webcast on:  Business Combinations – Disclosures, Goodwill and Impairment,  Clash Flow Reporting, Provisions – Targeted Improvements, Updating the Subsidiaries without public accountability: Disclosures Standard. The agenda and public documents of the meeting can be found here.   To watch the webcast please…