EFRAG

EFRAG Survey on Levy Provisions

EFRAG is seeking views from financial statement users regarding when provisions for levies should be recognised. The survey aims to inform EFRAG’s assessment of the IASB’s Exposure Draft Provisions—Targeted Improvements (Proposed amendments to IAS 37).   Survey deadline: 28 February 2025   For more information [here]

EFRAG Survey on Proposed IAS 37 Amendments

EFRAG has launched a survey to collect feedback from preparers and auditors of financial statements on specific aspects of the IASB’s Exposure Draft Provisions, Targeted Improvements (Proposed amendments to IAS 37). Survey deadline: 27 February 2025 For more information [here]

ESMA Consultation on Amendments to Settlement Discipline

On 13 February 2025, the European Securities and Markets Authority (ESMA) launched a consultation to improve settlement efficiency across various areas. The consultation proposes amendments to the technical standards on settlement discipline, including: Reduced timeframes for allocations and confirmations The use of electronic, machine-readable allocations and confirmations based on international standards The implementation of hold…

EFRAG Call for Feedback on IFRS 19: Reduced Disclosure Standard for Eligible Subsidiaries

EFRAG is inviting financial statement preparers and users to submit feedback on the voluntary application of IFRS 19 – Subsidiaries without Public Accountability: Disclosures. This standard allows eligible subsidiaries to apply reduced disclosures under IFRS Accounting Standards. The deadline for submission is 28 February 2025. Your feedback will contribute to EFRAG’s cost-benefit analysis of applying…

Summary of the seminar, co-hosted by EFRAG, ABAF-BVFA, and CBN-CNC

On 6 February, over +250 stakeholders gathered at the hybrid event “Financial Reporting: What’s Ahead for 2025? Focus on investor and analysts-oriented projects”.   The seminar, co-hosted by EFRAG, ABAF-BVFA, and CBN-CNC addressed key developments shaping the future of financial reporting.   For more information [here]

EFRAG Opens Call for Candidates for 2025 EFRAG SR TEG Rotation

EFRAG is seeking candidates for the 2025 rotation of the EFRAG SR Technical Expert Group (TEG) to help shape the future of sustainability reporting and contribute to the development of the ESRS. EFRAG is looking for individuals with expertise in ESG reporting across a wide range of sectors. The call particularly welcomes candidates from diverse…

EFRAG Conference 2024: Summary Report Now Available

The EFRAG Conference 2024, held on 10 December in Brussels, brought together leading professionals in corporate reporting. Under the theme ‘Advancing Transparency and Competitiveness in Challenging Times,’ discussions focused on key challenges shaping the future of corporate reporting, with 350 attendees participating in person and 850 joining virtually.   To access the Summary Report: [here] To access…

EFRAG Launches December 2024 Update and New Podcast Series on Corporate Reporting Trends

EFRAG has published its December 2024 Update, highlighting the latest developments in financial and sustainability reporting. In a move to further engage stakeholders, EFRAG has also launched the EFRAG Update Podcast, a monthly series providing deeper insights into corporate reporting trends. The first episode features Sébastien Harushimana, Chair of EFRAG FR TEG, and Chiara Del…