EFFAS’ CFR Member, Serge Pattyn: New Vice Chair of the EFRAG FRB Serge Pattyn a member of the EFFAS Commission on Financial Reporting (CFR) was appointed with immediate effect as the new Vice Chair of the EFRAG Financial Reporting Board (FRB) by the EFRAG General Assembly on 12 December 2022. Mr. Pattyn started his career…
Join The EFRAG Financial Reporting TEG For The 2023 Rotation EFRAG is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG seeks in particular candidates with a user or preparer background. EFRAG strives for geographical and gender balance in the composition of EFRAG FR TEG. Read the…
Join EFRAG’S Sustainability Reporting Team In its broadened role as the technical advisor to the European Commission in the development of draft European Sustainability Reporting Standards (ESRS), EFRAG seeks to recruit both permanent and seconded (paid or in-kind) sustainability reporting professionals. Read the complete news here . Resources here
EFRAG Endorsement Status Report – Update The endorsement by the European Commission of Amendments to IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here . Resources here
EFRAG welcomes its new Sustainability Reporting Technical Expert Group The EFRAG Sustainability Reporting Board has appointed the members of the EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG). This completes the main steps of integrating the EFRAG Sustainability Reporting Pillar in the EFRAG structure. Read the complete press release here . . Resources here
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 . Resources 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…
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…
– APPOINTED – MEMBERS OF THE EXPERT WORKING GROUPS TO PROVIDE INPUT ON THE DRAFTING OF EUROPEAN SUSTAINABILITY REPORTING STANDARDS 05.11.2021 Announcement of the composition of the eleven Expert Working Groups (EWGs) with expertise and experience on sustainability matters, to provide input for the development of draft European sustainability reporting standards. See full press release.…
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…