EFRAG is hosting webinars on the draft ESRS for Non-EU Groups, which are required by the CSRD for non-EU companies generating over EUR 150 million annually in the EU. These companies will need to report on sustainability impacts at the group level starting in financial year 2028, with reports due in 2029. The webinars will…
The IASB has launched two surveys—one for investors and one for companies and other stakeholders—focused on accounting requirements for intangibles. EFRAG urges stakeholders to complete the relevant survey by 30 November 2024. The surveys aim to gather feedback on the issues the IASB needs to address, the project scope, and the most effective approach for…
EFRAG is inviting applications from academics in corporate reporting, including financial and sustainability reporting, to join its Academic Panel. The application deadline is 16 December 2024. The EFRAG Academic Panel, which has been active for over seven years, promotes collaboration between EFRAG and the academic community. The panel supports EFRAG’s technical advisory bodies (EFRAG FR…
EFRAG has unveiled the first keynote speakers for its upcoming 2024 Conference, “Advancing Transparency & Competitiveness in Challenging Times”, taking place on 10 December in Brussels and online. Confirmed speakers include: Andreas Barckow, IASB Chair Patrick de Cambourg, EFRAG SRB Chair Emmanuel Faber, ISSB Chair Wolf Klinz, EFRAG FRB Chair Ilhan Kyuchyuk, JURI Committee Chair,…
5 November, 2024. CESGA 4.1: Everything you need to know 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 a…
31 October, 2024. 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. This survey is part of the project the IASB launched earlier this year to comprehensively review the accounting requirements for…
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. Why Apply to EFRAG FR TEG? EFRAG seeks technical experts in accounting and financial reporting to join this essential group, which provides the EFRAG Financial…
Milan, 18 October 2024. 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 ‘‘connected.’” Introduction: The business and investor case for integrated reporting. Dear Chairman Mr…
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 into its Final Comment Letter. Key Points of Feedback: IFRS 3 (Business Combinations): While…
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, with a submission deadline of October 31, 2024. EFRAG encourages interested…