EFRAG Endorsement Status Report – Update

The ARC vote on the Amendments to IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction is now reflected in the EFRAG Endorsement Status Report. Read the complete news here.

EFRAG Endorsement Status Report – Update

The European Union has published a Commission Regulation endorsing Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Disclosure of Accounting policies as well as Amendments to IAS 8 Accounting policies, Changes in Accounting Estimates and Errors: Definition of Accounting Estimates. The Amendments are effective for annual periods beginning on or after 1 January 2023. Read the…

EFRAG’S DRAFT COMMENT LETTER IN RESPONSE TO THE IASB REQUEST FOR INFORMATION ON THE POST-IMPLEMENTATION REVIEW OF IFRS  9 – CLASSIFICATION AND MEASUREMENT

08.11.2021 EFRAG has published its Draft Comment Letter (DCL) in response to the IASB request for information as a part of the Post-implementation Review (‘PIR’) of the classification and measurement requirements of IFRS 9 Financial Instruments and seeks constituents’ views on how the IFRS 9 is working in practice. Comments on the Draft Comment Letter are requested by 14 January…

EFRAG’S FEEDBACK STATEMENT ON IASB ED LACK OF EXCHANGEABILITY

02.11.2021 EFRAG published its Final Comment Letter on the IASB Exposure Draft ED/2021/4 Lack of Exchangeability (ED) on 14 September 2021. This Feedback Statement summarises the main comments received by EFRAG on its Draft Comment Letter and explains how EFRAG considered the comments during its technical discussions in reaching a final position on the proposals. Read…

A NEW RESEARCH PROJECT by the UNIVERSITY OF FERRARA-ICAS-EFRAG-EFFAS

Frankfurt, 1 March 2021 THE PRODUCTION AND CONSUMPTION OF INFORMATIO ON INTANGIBLES: AN EMPIRICAL INVESTIGATION OF CFOs AND INVESTORS It is a common understanding that intangibles are fundamental resources for explaining companies’ value creation and that they are critical to foster entities’ resilience over the medium to long term. Indeed, for some companies, most of…

EXPLANATORY WEBINAR: POST-IMPLEMENTATION REVIEW OF CONSOLIDATED FINANCIAL STATEMENTS, JOINT ARRANGEMENTS AND DISCLOSURES – A USER’S PERSPECTIVE

Frankfurt, 25 February 2021 On Monday 1 March 2021 from 10:00 to 11:30 CET there will be a public explanatory Webinar from EFRAG EFFAS ABAF/BVFA IASB titled: Post- Implementation Review of Consolidated Financial Statements, Joint Arrangements and Disclosures – A User’s Perspective. The speakers will include: Hans Buysse, EFRAG Board Vice-President, Chairman of ABAF/BVFA and…

IFRS Foundation Trustees announce next steps in response to broad demand for global sustainability standards

Frankfurt, 3 February 2021 The Trustees of the IFRS Foundation met on 1 February 2021 to review responses to the first three questions of their consultation paper on sustainability reporting – demand for global sustainability standards, whether the IFRS Foundation should play a role, and, if so, the requirements for success in doing so. They…