EFRAG Conference 2024: Summary Report Now Available

EFRAG

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…

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

EFRAG

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…

EFRAG Endorsement Advice on Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7

EFRAG

EFRAG Endorsement Advice on Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7 EFRAG has published its Endorsement Advice Letter to the European Commission regarding the IASB’s Amendments to IFRS 9 and IFRS 7 on Contracts Referencing Nature-dependent Electricity. The IASB issued these Amendments on December 18, 2024, following their initial exposure…

EFRAG ESRS Q&A Platform: Compilation of Explanations – December 2024

EFRAG

EFRAG ESRS Q&A Platform: Compilation of Explanations – December 2024 EFRAG announced the release of new Explanations addressing five environmental questions, bringing the total number of answered questions to 162. The December 2024 batch includes key Explanations on topics like climate change mitigation and adaptation targets, as well as biodiversity and ecosystems. These updates are…

EFRAG Releases 23 New Explanations to Support ESRS Implementation

EFRAG

EFRAG Releases 23 New Explanations to Support ESRS Implementation EFRAG has announced the release of 23 new explanations to be added to its Compilation of Technical Explanations, bringing the total to 93 entries. These updates are designed to assist stakeholders in the effective implementation of the European Sustainability Reporting Standards (ESRS) via the EFRAG ESRS…

EFRAG Seeks Comments on its Draft Endorsement Advice on Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7

EFRAG

EFRAG Seeks Comments on its Draft Endorsement Advice on Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7 EFRAG has published its Draft Endorsement Advice (DEA) on Contracts Referencing Nature-dependent Electricity, which includes proposed amendments to IFRS 9 and IFRS 7. Stakeholders are invited to submit their comments by 13 January 2025.…