EFRAG Endorsement Advice on Amendments to IFRS 9 and IFRS 7 On October 9, EFRAG completed its due process regarding the Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) and has submitted its Endorsement Advice to the European Commission. For more information: [here] These Amendments address…
EFRAG Conference 2024 Date: December 10, 2024Location: The Hotel Brussels, 38 Bd de Waterloo, BrusselsTime: 9:00 – 17:15 CET, followed by drinks. To register: here. Note that this is a physical event with online participation options. In-person registration is subject to confirmation. Save the date: [here] EFRAG is hosting its third annual conference, titled…
EFRAG issues draft comment letter on the IASB ED Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures On September 20, 2024, EFRAG published its Draft Comment Letter (DCL) on the IASB’s Exposure Draft IASB/ED/2024/5, which proposes amendments to IFRS 19 concerning Subsidiaries without Public Accountability: Disclosures. EFRAG supports the IASB’s initiative to update IFRS…
EFRAG calls for feedback on its draft comment letter on the IASB’s ED Climate-related and Other Uncertainties in the Financial Statements On September 20, 2024, EFRAG issued a Draft Comment Letter (DCL) on the IASB’s Exposure Draft (ED) IASB/ED/2024/6, focusing on proposed illustrative examples for climate-related and other uncertainties in financial statements. EFRAG considers the examples helpful…
EFRAG Published an Open Call for Tenders to Assist EFRAG in Developing a Robust ESRS Knowledge Hub On September 20, 2024, EFRAG launched an open call for tenders to help develop a comprehensive ESRS Knowledge Hub. This web-based platform will centralize key ESRS materials, including standards, guidance, Q&A resources, and taxonomies. The provider will handle…
EFRAG publishes Exposure Draft Due Process Procedures for Financial Reporting for consultation On September 19, 2024, EFRAG released the Exposure Draft (ED) of its Due Process Procedures for the Financial Reporting Activities for public consultation. The aim is to formalize the existing procedures EFRAG uses in its financial reporting work. For more information: [here] These…
EFFAS CESG Conference 2024: Pioneering Sustainable Finance in a Digital Age. The European Federation of Financial Analysts Societies (EFFAS) and The Austrian Association for Financial Analysis and Asset Management (ÖVFA) held its annual CESG (Commission on Environment, Social and Governance) conference at the Austrian National Bank in Vienna.,Leading experts in finance, sustainability, and technology gathered…
EFFAS Joins “Friends of EFRAG”, Enhancing Commitment to Sustainability Reporting. The European Federation of Financial Analysts Societies (EFFAS) is proud to announce its official partnership with the European Financial Reporting Advisory Group (EFRAG) by becoming an official “Friend of EFRAG.” This collaboration underscores EFFAS’s commitment to promoting excellence in sustainability reporting and advancing the European…
EFRAG is hosting two workshops on 27 September 2024 EFRAG will hold two Workshops on September 27, 2024, from 9:30 to 11:30 CET, where the focus will be on the Revised LSME standard. This session is designed for companies subject to ESRS LSME and their representatives, including associations, auditors, and accountants. The EFRAG workshop will…
EFRAG Sustainability Reporting Technical Expert Group Meeting 19 September 2024 EFRAG held its Sustainability Reporting Technical Expert Group Physical Meeting on Thursday, 19 September 2024. To watch the recording meeting session, here. The agenda of the meeting and supporting documents of the meeting, here. Resources here. here.