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• 25/01/2021 - EFRAG Board webcast meeting 26 January 2021

  EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 26 January 2021. To watch the live webcast please click here.

• 22/01/2021 - Your input wanted on the EFRAG survey relating to the Post-Implementation Review of IFRS 10, 11 and 12

  EFRAG encourages constituents to participate in its survey about the Post-Implementation Review of IFRS 10, 11 and 12. Responses are requested by 16 April 2021.
  

• 19/01/2021 - Stakeholders’ views sought on non-financial risks and opportunities reporting practices

  ​The European Lab @EFRAG Project Task Force on Reporting of Non-Financial Risks and Opportunities and linkage to the business model (PTF-RNFRO) seeks stakeholders’ views on factors influencing current reporting practices. Stakeholders’ feedback will help the PTF-RNFRO to contextualise the assessment of what can be considered as good reporting practices on risks and opportunities and the business model. The survey ​is open until end of January 2021.
  

• 19/01/2021 - PROGRAMME | European Lab - PTF-NFRS joint outreach event: Italian focus | 22 January 2021- 14:30 (CET)

  The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG, in cooperation with ASSIREVI and the OIC, has been issued. The webinar will take place on Friday 22 January from 14:30 to 17:30 (CET). Register now. 
  

• 15/01/2021 - EFRAG TEG webcast meeting 19 January 2021

  EFRAG announces that it will hold its EFRAG TEG webcast meeting on Tuesday 19 January 2021. To watch the webcast please register here.  

• 15/01/2021 - PROGRAMME | European Lab - PTF-NFRS joint outreach event: French focus | 21 January 2021- 9:00 (CET)

  ​The p​rogramme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF-NFRS) ​​of the European Lab @EFRAG, in cooperation with the ANC, has been issued. The webinar will take place on Thursday 21 January from 9:00 to 12:00 (CET). Register now​​. 
  

• 14/01/2021 - PROGRAMME | European Lab - PTF-NFRS join outreach event: German focus | 18 January 2021 15:00 (CET)

  ​The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF-NFRS​)​ of the European Lab @EFRAG, in cooperation with the DRSC, Econsence and Global Compact, has been issued. The webinar will take place on Monday 18 January from 15:00 to 18:00 (CET). Register now. ​
  

• 14/01/2021 - Call for EFRAG TEG Members

  ​EFRAG is calling for candidates with an accountancy profession background with an EEA nationality other than France, Germany, Italy and Spain for its Technical Expert Group (EFRAG TEG) for the 2021 rotation.
  

• 14/01/2021 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform – Phase 2 is now reflected in the Endorsement Status Report.

• 12/01/2021 - Reminder: IFRS 17 Draft Endorsement Advice - please provide input by 29 January 2021

  ​​​EFRAG asks constituents to provide their views on the EFRAG draft endorsement advice on IFRS 17 Insurance contracts by Friday, 29 January 2021. Please submit your comment letter here by clicking the 'Comment publication' link.
  

• 12/01/2021 - PROGRAMME | European Lab - PTF-NFRS joint outreach event: Financial institutions focus | 18 January 2021 9:00 (CET)

  ​​The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG, in cooperation with Accountancy Europe, AFME, EACB, EBF, EFAMA, EFFAS, ESBG and Insurance Europe, has been issued. The webinar will take place on Monday 18 January from 9:00 to 12:00 (CET). Register now.

  
  
  

• 11/01/2021 - PROGRAMME | European Lab - PTF-NFRS joint outreach event: Nordic focus | 14 January 2021 - 9:00 to 12:00 (CET)

  ​The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG, in cooperation with DI (Confederation of Danish Industries), Danske Revisorer - FSR, Finance Denmark and Finance Finland has been issued. The webinar will take place on Thursday 14 January from 9:00 to 12:00 (CET). The event will be held in English. Register now.​
  

• 11/01/2021 - OUTREACH DOCUMENT NOW AVAILABLE| European Lab online outreach events - Preparatory work on EU non-financial reporting standards - 13 to 22 January 2021

  ​The Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards of the European Lab @EFRAG is sharing an outreach document containing its key preliminary views ​emerging from the Task Force's ongoing work. The outreach document will provide the basis for gathering stakeholders’ views at seven online outreach events scheduled between 13 and 22 January 2021. ​​Register now.​
  
  

• 11/01/2021 - EFRAG Board webcast meeting 14 January 2021

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 14 January 2021. To watch the live webcast please click here.

• 11/01/2021 - EFRAG TEG webcast meeting 13 January 2021

  EFRAG announces that it will hold an EFRAG TEG webcast meeting on Wednesday 13 January 2021 To watch the webcast please register here. 

• 08/01/2021 - PROGRAMME | European Lab - PTF-NFRS Joint outreach event: European organisations and other European countries focus | 15 January 2021 14:30 (CET)

  ​The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of potential EU non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG, in cooperation with Accountancy Europe, CSR Europe, DASB, EAA, ecoDa, EFAA, EFFAS, European Issuers, Eurosif and SMEunited has been issued. The webinar will take place on Friday 15 January from 14:30 to 17:30 (CET). Register now.
  

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• 08/01/2021 - PROGRAMME | European Lab - PTF-NFRS Joint outreach event: Spanish focus | 13 January 2021 10:30 (CET)

  ​​The programme for the joint outreach event organised by the Project Task Force on preparatory work for the elaboration of potential EU non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG, in cooperation with Economistas and the ICAC has been issued. The webinar will take place on Wednesday 13 January from 10:00 to 12:30 (CET). The event will be held in Spanish. Register now.​
  

• 05/01/2021 - Change in the EFRAG TEG Composition

  The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome effective from 1 April 2021 two new members: Dennis Jullens and Massimo Tosoni. Two EFRAG TEG members have been reappointed: Erlend Kvaal and Olivier Scherer. One vacancy has been left for candidates with a general accountancy profession background. A call for candidates will soon be issued.
  
  

• 05/01/2021 - Extension of the deadline to contribute to Jean-Paul Gauzès’ Ad personam mandate on non-financial reporting standard setting – 13 January 2021

  ​On 30 November 2020, EFRAG Board President Jean-Paul Gauzès issued  a Consultation Document inviting all interested stakeholders to provide input to his preliminary proposals regarding changes to the governance structure and financing of EFRAG if it were entrusted with the development of possible EU non-financial reporting standards.

  The Consultation Doc​ument (which contains a number of questions for stakeholders) focuses on obtaining additional input on a number of matters that were not, or not fully addressed in the first public consultation conducted in October 2020. 
  

  To allow more time for interested stakeholders to provide their views, responses to this Consultation Document​ are now requested by 13 January 2021.​
  

• 24/12/2020 - EFRAG Update December 2020

  ​The December 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be download​​​​ed below.​​​​
  

• 22/12/2020 - EFRAG Draft Comment Letter on Lease Liability in a Sale and Leaseback

  ​​EFRAG has published its Draft Comment Letter​ in response to the IASB's Exposure Draft ED/2020/4 Lease Liability in a Sale and Leaseback. Comments on the DCL are requested by 22 February 2021.

• 21/12/2020 - Change to the composition of the EFRAG Board

  ​EFRAG says goodbye to Peter Sampers and welcomes Gerard van Santen as EFRAG Board member on one of the National Standard Setters seats from 1 January 2021.
  

• 18/12/2020 - To a new year of good endavours

  ​The EFRAG Team wishes you peaceful holidays and all the best for 2021.
  

• 17/12/2020 - SAVE THE DATE | European Lab @EFRAG joint outreach events – Preparatory work on EU non-financial reporting standards – 13 to 22 January 2021

  ​The Project Task Force on non-financial reporting standards (PTF-NFRS) of the European Lab @EFRAG invites you to a series of joint online outreach events scheduled between 13 and 22 January 2021. These online events will be the occasion to gather stakeholders’ views from different countries on the tentative proposals of the PTF-NFRS. Each event has a different focus. Register now.​ 
  

• 16/12/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of the Amendments to IFRS 4 Insurance Contracts – deferral of IFRS 9 is now reflected in the Endorsement Status Report.

• 14/12/2020 - EFRAG Board webcast meeting on 17 December 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 17 December 2020. To watch the live webcast please click here.

• 14/12/2020 - EFRAG TEG webcast meeting 16 December 2020

  ​EFRAG announces that it will hold an EFRAG TEG webcast meeting on Wednesday 16 December 2020. To watch the webcast please register here. 

• 11/12/2020 - Summary report - Joint Webinar: Business Combinations: Disclosures, Goodwill and Impairment – Perspectives from Portugal

  ​Following the successful joint webinar on Business Combinations – Disclosures, Goodwill and Impairment, held on 24 November with CNC, OROC and OCC, in cooperation with the IASB, EFRAG has issued a summary report. In this webinar, Portuguese and European stakeholders expressed their views on the IASB proposals and EFRAG’s draft comment letter. 
  

• 08/12/2020 - EXTENSION - EFRAG seeks views on its Draft Endorsement Advice on Classification of Liabilities as Current or Non-Current and Deferral of Effective Date (Amendments to IAS 1) - 11 January 2021

  ​​EFRAG is ​​consulting on both its assess​ment of Classification of Liabilities as Current or Non-current and Deferral of Effective Date (Amendments to IAS 1) (‘the Amendments’) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments (Amendments to IAS1 - Deferral of Effective Date) are requested by 11 January 2021.

• 08/12/2020 - EXTENSION - Views of users of financial statements of rate-regulated entities - Please provide input by 8 January 2021

  ​​EFRAG is inviting users that undertake the​ fundamental analysis of rate-regulated entities to participate in an early-stage analysis of the likely impacts of possible changes to IFRS requirements. This will enable a better understanding of users' information needs. Users are asked to complete a survey by filling in a questionnaire​​ by close of business 8 January 2021.

• 04/12/2020 - Invitation to nominate candidates to the EFRAG Board

  ​European Stakeholder Organisations and National Standard Setters are invited to nominate candidates to serve as members of the EFRAG Board from 1 May 2021. Expressions of interest are invited by 31 January 2021. New organisations joining EFRAG are also entitled to nominate candidates. 
  

• 02/12/2020 - REMINDER - EFRAG seeks views on its Draft Endorsement Advice on Classification of Liabilities as Current or Non-Current and Deferral of Effective Date (Amendments to IAS 1) by 7 December 2020

  ​EFRAG is ​​consulting on both its assess​ment of Classification of Liabilities as Current or Non-current and Deferral of Effective Date (Amendments to IAS 1) (‘the Amendments’) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments (Amendments to IAS 1 - Deferral of Effective Date) are requested by 7 December 2020.
  

• 02/12/2020 - REMINDER - Views of preparers of financial statements of rate-regulated entities - Please provide input by 8 January 2021

  ​EFRAG is inviting preparers of financial statements of rate-regulated entities to participate in an early-s​tage analysis through a survey questionnaire which will take approximately 30-45 minutes to complete​ of likely impacts of the possible changes to IFRS requirements. Preparers are asked to complete a survey by filling in a questionnaire by close of business 8 January 2021​.

• 01/12/2020 - EFRAG Update November 2020

  ​​The November 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​​
  
  

• 30/11/2020 - REMINDER - Views of users of financial statements of rate-regulated entities - Please provide input by 7 December 2020

  EFRAG is inviting users that undertake the​ fundamental analysis of rate-regulated entities to participate in an early-stage analysis of the likely impacts of possible changes to IFRS requirements. This will enable a better understanding of users' information needs. Users are asked to complete a survey by filling in a questionnaire​ by close of business 7 December 2020.

• 30/11/2020 - Jean-Paul Gauzès is seeking input on his preliminary proposals resulting from his EC ad personam mandate on non-financial reporting standard setting.

  ​EFRAG Board President Jean-Paul Gauzès is issuing a Consultation Document inviting all interested stakeholders to contribute input to his preliminary proposals regarding changes to the governance structure and financing of EFRAG if the latter were entrusted with the development of EU non-financial reporting standards.

  The Consultation Docume​nt (which contains a number of questions for stakeholders) focuses on obtaining additional input on a number of matters that were not, or not fully addressed in the first public consultation conducted in October 2020. 

  Responses to this second consultation are requested by 6 January 2021.
  

  
  

  
  

• 30/11/2020 - Summary report - Joint webinar: Business Combinations: Disclosures, Goodwill and Impairment – What are the views of users?

  ​EFRAG has issued a summary report of the joint webinar on the IASB's DP: Business Combinations – Disclosures, Goodwill and Impairment, held on 12 November with EFFAS, ABAF/BVFA and the IASB. European users of financial statements expressed their views on the IASB proposals and EFRAG’s draft comment letter. 
  

• 30/11/2020 - EFRAG's Feedback Statement on Primary Financial Statements

  The feedback statement summarises the main comments received by EFRAG on its draft comment letter to the IASB ED/2019/7 General Presentation and Disclosures and explains how those comments were considered by EFRAG during its technical discussions leading to the publication of EFRAG’s final comment letter. The feedback statement is available here.

• 30/11/2020 - EFRAG TEG webcast meeting 2-3 December 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 2 and Thursday 3 December 2020. To watch the webcast please register here.

• 27/11/2020 - Summary report - Joint webinar: Changes to The Accounting For Business Combinations: Disclosures, Goodwill And Impairment: Reflections From Norway

  ​EFRAG has issued a summary report of the joint webinar on the IASB's DP: Business Combinations: Disclosures, Goodwill and Impairment, held on 9 November with the Norwegian standard setter NASB, the Norwegian analysts organisation NFF and the IASB. Norwegian and European stakeholders expressed their views on the IASB proposals including the potential implementation and application concerns.
  

• 27/11/2020 - Summary report – Joint outreach event on Business Combinations : Disclosures, Goodwill And Impairment hosted by FSR, DI, the IASB and EFRAG

  ​EFRAG has issued a summary report ​of the joint webinar on the IASB's DP: Business Combinations – Disclosures, Goodwill and Impairment, held on 23 October with the FSR - Danish Auditors,  DI - Confederation of Danish Industry and the IASB. Danish and European stakeholders expressed their views on the IASB proposals including the potential implementation and application concerns.
  

• 26/11/2020 - EFRAG TEG-CFSS webcast meeting 2 December 2020

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS webcast meeting on Wednesday 2 December 2020. To watch the webcast please register here.

• 23/11/2020 - EFRAG joins the OIC and the IASB for a webinar on Business Combinations: Disclosures, Goodwill And Impairment – 25 November

  ​See the programme for the joint webinar organised by the Organismo Italiano di Contabilità (OIC) and EFRAG, in cooperation with the IFRS Foundation on Business Combinations: Disclosures, Goodwill and Impairment. The webinar will take place on Wednesday 25 November from 10:00 to 13:00 (CET). Presentations and discussions will be held in Italian. More information and registration here​.
  

• 20/11/2020 - Reminder: Business Combinations - Disclosures, Goodwill and Impairment - Please provide input by 30 November 2020

  ​​EFRAG asks constituents to provide their views on the EFRAG draft comment letter in response to the IASB's Discussion Paper DP/2020/1 Business Combinations — Disclosures, Goodwill and Impairment by Monday, 30 November 2020. Please submit your comment letter here.

• 20/11/2020 - PROGRAMME | Joint webinar: changes to the accounting for Business Combinations: Disclosures, Goodwill and Impairment: Perspectives from Portugal - 24 November 2020

  ​​The program​me for the joint webinar organised by EFRAG and the Ordem dos Revisores Oficiais de Contas (OROC), the Ordem dos Contabilistas Certificados (OCC), the Comissao de Normalizaçao Contabilistica (CNC), in cooperation with the IFRS Foundation on Business Combinations: Disclosures, Goodwill and Impairment is now available. The webinar will take place on Tuesday 24 November from 9:00 to 11:00 (WET)/ 10:00 to 12:00 (CET). Register now​.
  

• 19/11/2020 - EFRAG joins the ASCG for the second of the two outreach events on the IASB’s DP Business Combinations – Disclosures, Goodwill and Impairment – 20 november

  ​On 20 November, the Accounting Standards Committee of Germany (ASCG) and EFRAG will discuss the different aspects of the IASBs Discussion Paper Business Combinations – Disclosures, Goodwill and Impairment. Register now. Presentations and discussions will be in German.

• 17/11/2020 - EFRAG's Feedback Statement on its Comment Letter to the IASB's Exposure Draft ED/2020/1 Interest Rate Benchmark Reform - Phase 2

  After having issued its final endorsement advice on 26 October EFRAG has finalised the steps in its due process and published its feedback statement​ on the​ draft comment letter to the IASB's ED/2020/1 Interest Rate Benchmark Reform – Phase 2: Proposed Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16
  

• 13/11/2020 - Progress report published for project on preparatory work for the elaboration of possible EU non-financial reporting standards

  ​Preliminary high-level assessment points emerging from the assessment phase of the project have been submitted to the European Commission.​
  

• 10/11/2020 - EFRAG seeks input from preparers of financial statements of rate-regulated entities by 18 December 2020

  ​The IASB has an active project on the accounting for regulatory assets and regulatory liabilities. The objective is to improve the information that is available to users covering rate-regulated entities. These entities may have incremental rights and obligations arising from their regulatory agreements. The IASB will be issuing an exposure draft in early 2021.

  EFRAG is inviting preparers of financial statements of rate-regulated entities to participate in an early-s​tage analysis through a survey questionnaire which will take approximately 30-45 minutes to complete​ of likely impacts of the possible changes to IFRS requirements. Expressions ​of interest in participating in this outreach are requested by close of business 18 December 2020​.
  

• 06/11/2020 - EFRAG requests comments on its draft endorsement advice on Classification of Liabilities as Current or Non-current and Deferral of Effective Date (Amendments to IAS 1)

  ​EFRAG is ​​consulting on both its assessment of Classification of Liabilities as Current or Non-current and Deferral of Effective Date (Amendments to IAS 1) (‘the Amendments’) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 7 December 2020.
  

• 06/11/2020 - SAVE THE DATE | Business Combinations, Disclosures, Goodwill and Impairment: Perspectives from Portugal | 24 November (9:00 to 11:00 WET - 10:00 to 12:00 CET)

  ​EFRAG, with the Commissao de Normalizaçao Contabilistica (CNC-Portugal), the Ordem dos Revisores Oficiais de Contas (OROC) and the Ordem dos Contabilistas Certificados (OCC)and the IFRS Foundation invites you to a joint outreach event on Tuesday 24 November 2020 (9:00 to 11:00 WET - 10:00 to 12:00 CET) to consider the Portuguese and European Stakeholders’ views on the IASB’s Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment. Register now.
  
  

• 05/11/2020 - EFRAG TEG webcast meeting 10 November 2020

  EFRAG announces that it will hold an EFRAG TEG webcast meeting on Tuesday 10 November 2020. To watch the webcast please register here. 

• 05/11/2020 - REMINDER | Joint Online Outreach Event: Changes to the accounting for Business Combinations: Disclosures, Goodwill and Impairment: Reflections from Norway - 9 November 2020

  ​On Monday 9 November EFRAG, the NASB, the NFF and the IASB will host a joint webinar on Business Combinations: Disclosures, Goodwill and Impairment. The programme and confirmed speakers are available, register now.
  

• 03/11/2020 - EFRAG summary report on the EFRAG-IASB joint webinar: Improving information regarding business combinations and subsequent accounting for goodwill – which way to go? - 16 october 2020

  ​EFRAG has issued a summary report of the joint webinar on the IASB's DP: Business Combinations – Disclosures, Goodwill and Impairment on 16 October 2020. European stakeholders expressed their views on the IASB proposals including the potential implementation and application concerns.
  

• 02/11/2020 - PROGRAMME | Online joint outreach event: Business Combinations: Disclosures, Goodwill and Impairment – What are the views of investors | 12 November 2020

  ​Read now the programme for the joint online outreach event Business Combinations: Disclosures, Goodwill and Impairment – What are the views of investors​?, organised by EFRAG EFFAS ABAF/BVFA in cooperation with the IASB. Register here. 
  

• 02/11/2020 - EFRAG Final Comment Letter on Primary Financial Statements

  ​EFRAG has published its final comment letter in response to the IASB's Exposure Draft 2019/7 General Presentation and Disclosures which welcomes the IASB's efforts to improve how information is communicated in the financial statements. In the letter, which benefits from the results of the extensive consultation and outreach conducted with European stakeholders, EFRAG suggests that the IASB further considers a number of its proposals, particularly from a cost and benefit perspective.

• 30/10/2020 - EFRAG Update October 2020

  ​The October 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​​
  

• 30/10/2020 - REMINDER | Call for EFRAG TEG members– applications welcome by 2 November COB

  ​Interested candidates have until Monday 2 November, close of business, to send their applications for EFRAG TEG membership.
  

• 30/10/2020 - EFRAG joins the ASCG for two outreach events on the IASB’s DP Business Combinations – Disclosures, Goodwill and Impairment – 2 & 20 November

  ​On 2 and 20 November, the Accounting Standards Committee of Germany ​(ASCG) and EFRAG will discuss the different aspects of the IASBs Discussion Paper Business Combinations – Disclosures, Goodwill and Impairment. Register now. Presentations and discussions will be in German.​
  

• 29/10/2020 - PROGRAMME | Joint online outreach event: Changes to the accounting for Business Combinations: Disclosures, Goodwill and Impairment: reflections from Norway - 9 November 2020

  ​The programme for the EFRAG, the NASB, the NFF and the IASB joint outreach event on Business Combinations: Disclosures, Goodwill and Impairment is now available. The webinar will take place on Monday 9 November from 9:00 to 11:30 (CET). Register now.
  

• 28/10/2020 - EFRAG seeks views of users of the financial statements of rate-regulated entities by 7 December 2020

  ​​The IASB has an active project on the accounting for regulatory assets and regulatory liabilities.  The objective is to improve the information that is available to users covering rate-reg​ulated entities. These entities may have incremental rights and obligations arising from their regulatory agreements. The IASB will be issuing an exposure draft in early 2021.

  EFRAG is inviting users that undertake the​ fundamental analysis of rate-regulated entities to participate in an early-stage analysis of the likely impacts of possible changes to IFRS requirements. This will enable a better understanding of users' information needs. Expressions of interest in participating in this outreach are requested by close of business 7 December 2020.

• 27/10/2020 - Panel of users announced | Online joint outreach event: Business combinations: disclosures, goodwill and impairment – What are the investors’views?| 12 November 2020

  ​​EFRAG EFFAS ABAF/BVFA are proud to announce distinguished panel of users – Steve Cooper, Sue Harding, Marisa Mazo, Wouter Verlinden – to contribute to the 12 November joint online outreach event: Business combinations: disclosures, goodwill and impairment – What are the investors’ views?, held in cooperation with the IASB. Register here​​. 
  

• 27/10/2020 - EFRAG Board webcast meeting 30 October 2020

  ​​EFRAG announces that it will hold its EFRAG Board webcast meeting on Friday 30 October 2020. To watch the live webcast please click here.

• 23/10/2020 - EFRAG Endorsement Advice on four amendments to IFRS

  ​​EFRAG has completed its due process regarding amendments of  IFRS 1, IFRS 3, IFRS 9, IAS 16, IAS 37 and IAS 41 and has submitted its Endorsement Advice letters to the European Commission.

• 21/10/2020 - SAVE THE DATE - Changes to the accounting for business combinations: disclosures, goodwill and impairment: reflections from Norway - 9 November 2020

  EFRAG, with Norsk RegnskapsStiftelse (Norwegian Accounting Standards Board - NASB), the Norwegian Society of Financial Analysts (NFF) and the IFRS Foundation invites you to a joint outreach event on Monday 9 November 2020 to consider the Norwegian and European Stakeholders’ views on the IASB’s Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment.
  

• 19/10/2020 - EFRAG TEG webcast meeting 21-22 October 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 21 and Thursday 22 October 2020. To watch the webcast please register here.

• 19/10/2020 - REMINDER | Joint outreach event on Business Combinations - Disclosures, Goodwill and Impairment hosted by FSR - Danish Auditors, DI, the IASB and EFRAG - 23 October 2020 - 13:30

  ​On 23 October 2020, do not miss the joint event on the IASB Discussion Paper Business Combinations - Disclosures, Goodwill and Impairment, held with FSR - Danish Auditors, DI and EFRAG in cooperation with the IASB. The event will start at 13:30 and end around 16:00. Register here. ​
  

• 15/10/2020 - EFRAG EFFAS ABAF/BVFA IASB Joint online outreach event - Business combinations, disclosures, goodwill and impairment: what are the views of the investment community? – 12 November 2020

  ​​EFRAG, with EFFAS, ABAF/BVFA and the IFRS Foundation invite you to a joint outreach event on Thursday 12 November 2020 to consider the views of users on the IASB’s Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment. Register now​.
  

• 15/10/2020 - Changes to the composition of the EFRAG Board

  ​Karin Dohm and Andreas Barckow have stepped down from the EFRAG Board. EFRAG welcomes Ricardo Sanchez and Sven Morich as new EFRAG Board members and Hans Buysse as EFRAG Board Vice-President.
  

• 15/10/2020 - Reminder | EFRAG and IASB joint online outreach event: improving information regarding business combinations and subsequent accounting for goodwill - which way to go? programme - 16 october 2020 – 10:00 (cest)

  ​Tomorrow, do not miss the EFRAG & IASB joint outreach event 'Improving information regarding business combinations and subsequent accounting for goodwill – which way to go? Read the programme ​and register ​​now.
  

• 14/10/2020 - EFRAG TEG webcast meeting 15 October 2020

  EFRAG announces that it will hold an EFRAG TEG webcast meeting on Thursday 15 October 2020. To watch the webcast please register here

• 12/10/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendment to IFRS 16 Leases Covid 19-Related Rent Concessions is now reflected in the Endorsement Status Report.

• 09/10/2020 - Joint outreach event on Business Combinations - Disclosures, Goodwill and Impairment hosted by FSR - Danish Auditors, DI, the IASB and EFRAG - 23 October 2020 - 13:30

  Joint event on 23 October 2020 organised by the FSR – Danish Auditors, the Confederation of Danish Industry (DI), the IASB and EFRA​G on the Discussion Paper Business Combinations - Disclosures, Goodwill and Impairment. The objective of this public webinar outreach meeting is to discuss the IASB proposals for new​ disclo​sures on business combinations and subsequent accounting for goodwill with Danish and other stakeholders.​ The event will start at 13:30 and end around 16:00. For more information and registration, please see the invitation or click here​.​

• 08/10/2020 - EFRAG and IASB joint online outreach event: Improving information regarding business combinations and subsequent accounting for goodwill - which way to go? PROGRAMME - 16 October 2020 – 10:00 (CEST)

  ​EFRAG and the IASB invite constituents to participate in their joint outreach event 'Improving information regarding business combinations and subsequent accounting for goodwill – which way to go?' A detailed program is attached to this news item. Register here to attend the event. 
  

• 07/10/2020 - Questionnaire for preparers - How could accounting for goodwill be improved - responses welcome till 13 November 2020.

  ​​EFRAG has extended its deadline to 13 November 2020 for its questionnaire for preparers with active M&A agendas or material goodwill amounts in the financial statements. The purpose is to collect input on the proposals in the Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment and on EFRAG’s suggestions included in its draft comment letter.

• 07/10/2020 - Call for EFRAG TEG Members– Applications welcome till 2 November

  ​EFRAG extended the deadline for the call for candidates for EFRAG TEG members to 2 November to 2020.
  

• 06/10/2020 - EFRAG Board webcast meeting on 8 October 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 8 October 2020. To watch the live webcast please click here.

• 06/10/2020 - EFRAG Summary Report on joint DASB-EFRAG-IASB outreach event on PFS on 16 September 2020

  ​EFRAG has issued a report​​ that summarises the discussions ​during the joint outreach event on the IASB proposals in the Exposure Draft General Presentation and Disclosures. The ​outreach event took place on 16 September 2020 - in close coordination with the DASB and the IASB. The Dutch and European stakeholders expressed their views on the IASB proposals including the potential implementation and application concerns.​​​​​
  

• 01/10/2020 - EFRAG Update September 2020

  ​The September 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​
  

• 01/10/2020 - Invitation to contribute to the ad personam mandate of EFRAG Board President Jean Paul Gauzès on non-financial reporting standard setting

  ​EFRAG Board President Jean-Paul Gauzès invites all interested stakeholders to contribute views related to his ad personam mandate from the European Commission to develop proposals for possible changes to the governance and funding of EFRAG. These proposals will be subject to further public consultation. 
  

  Responses are requested by 30 October 2020.
  

  
  

• 30/09/2020 - Improving information regarding business combinations and subsequent accounting for goodwill – which way to go? - 16 October 2020

  ​Register now ​for the joint online outreach event focused on the application of the IASB's proposals to improve disclosures regarding acquisitions and impairment testing on goodwill as well as the question whether goodwill amortisation should be reconsidered,​ organised by EFRAG​​, in cooperation with the IASB. The event will take place on 16 October 2020 from 10:00 to 13:00 (CEST).
  

• 30/09/2020 - EFRAG requests comments on its Draft Endorsement Advice on IFRS 17 Insurance Contracts as resulting from the June 2020 Amendments

  EFRAG is consulting on both its assessment of IFRS 17 against the technical criteria in the EU and on its assessment of whether IFRS 17 is conducive to the European public good. Comments are requeste​d by 29 January​ 2021.
  

• 29/09/2020 - Successful launch of the project on preparatory work for the elaboration of possible EU non-financial reporting standards

  With a kick-off meeting on 11 September and a second plenary meeting on 28 September, the Project Task Force (PTF-NFRS) has started its ambitious mission of undertaking preparatory work for the elaboration of possible EU non-financial reporting standards.

• 26/09/2020 - EFRAG summary report of the Preparers Roundtable on 1 September 2020

  ​​​EFRAG has issued a report that summarises the findings received from participants in its Preparers Roundtable on the IASB Exposure Draft General Presentation and Disclosures. In the workshop, which was undertaken jointly with Business Europe and the IASB on 1 September 2020, different preparers​ discussed potential implementation and application concerns, possible need for additional guidance on specific topics and the efforts required to implement and apply the IASB proposals.​
  

• 21/09/2020 - EFRAG summary report of the field-test workshop on 24 August 2020

  ​EFRAG has issued a report that summarises the findings ​from the companies involved in the field-test on the IASB proposals in the Exposure Draft General Presentation and Disclosures. The workshop took place on 24 August 2020 - in close coordination with European National Standard Setters and the IASB, where different companies (corporate and financial institutions) discussed potential implementation and application concerns, whether there is a need for additional guidance and the efforts required to implement and apply the IASB proposals.

• 21/09/2020 - EFRAG TEG webcast meeting 24 September 2020

  EFRAG announces that it will hold its EFRAG TEG webcast meeting on Thursday 24 September 2020. To watch the webcast please register here.​​​​​​​​​

• 17/09/2020 - EFRAG TEG-CFSS webcast meeting September 2020

  EFRAG announces that it will hold its EFRAG TEG-CFSS webcast meeting on Wednesday 23 September 2020. To watch the webcast please register here.

• 16/09/2020 - Reminder - Call for EFRAG TEG Members

  ​EFRAG’s call for candidates for its Technical Expert Group (EFRAG TEG) for the 2021 rotation is open until 12 October 2020.
  
  

• 14/09/2020 - EFRAG's Endorsement Advice on Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16)

  ​EFRAG has completed its due process regarding the IASB Amendments Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) and has submitted its Endorsement Advice Letter​ to the European Commission.
  

• 14/09/2020 - EFRAG TEG webcast meeting 16 September 2020

  ​​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 16 September 2020. To watch the webcast please register here.

• 11/09/2020 - Your opinion matters – Questionnaire for preparers – How could accounting for goodwill be improved?

  EFRAG launches a questionnaire/invitation for an interview for preparers with active M&A agendas or material goodwill amounts in the financial statements. The purpose is to collect input on the proposals in the Discussion Paper Business Combinations—Disclosures, Goodwill and Impairment and on EFRAG’s suggestions included in its draft comment letter. 

• 11/09/2020 - Register now for the EFRAG & DASB Joint Outreach Event on Primary Financial Statements | Wed. 16 September 2020

  ​What are the Dutch stakeholders’ views on the IASB's ED General Presentation and Disclosures reshaping primary financial statements?  Participate in the online joint outreach event co-hosted by EFRAG and the Dutch Accounting Standards Board (DASB), in cooperation with the IASB and find out. Here are the detailed programme and registration page. 
  

• 11/09/2020 - EFRAG Board webcast meeting 14 September 2020

  ​EFRAG announces that it will hold an additional EFRAG Board webcast meeting on Monday 14 September 2020 to discuss and approve the final endorsement advice on IBOR Phase 2. To watch the live webcast please click here.

• 11/09/2020 - EFRAG TEG webcast meeting 14 September 2020

  EFRAG announces that it will hold an additional EFRAG TEG webcast meeting on Monday 14 September 2020 to discuss and approve the final endorsement advice on IBOR Phase 2. To watch the webcast please register here.​​​​​​​​​

• 08/09/2020 - EFRAG summary report of the field-test workshop with financial institutions on 7 July 2020

  ​EFRAG has issued a report that summarises the findings received from participants in its field-test on the IASB proposals in the Exposure Draft General Presentation and Disclosures. The workshop took place on 7 July 2020 - in close coordination with European National Standard Setters and the IASB, where different companies (financial institutions) discussed potential implementation and application concerns, whether there is a need for additional guidance and the efforts required to implement and apply the IASB proposals.
  

• 08/09/2020 - EFRAG & DASB Joint Outreach Event on Primary Financial Statements |16 September 2020

  ​EFRAG and the Dutch Accounting Standards Board (DASB), in cooperation with the IASB will hold an outreach event on the IASB's ED General Presentation and Disclosures on Wednesday 16 September, from 12:00 to 15:00. Read the detailed pro​gramme​ and register. 
  

• 08/09/2020 - EFRAG Board webcast meeting on 10 September 2020

  ​​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 10 September 2020. To watch the live webcast please click here. 

• 04/09/2020 - Appointed – Members and Chair of the European Lab Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards

  ​The European Lab Steering Group has appointed the members and Chair of the Project Task Force to operate the project on preparatory work for the elaboration of possible EU non-financial reporting standards, mandated to EFRAG by the European Commission. ​
  

• 31/08/2020 - Reminder: Four EFRAG Draft Endorsement Advices on small amendments to IFRS. Please provide input by 7 September 2020

  ​EFRAG is consulting on its assessment against the technical criteria in the EU and whether the amendments to IFRS 1, IFRS 3, IFRS 9, IAS 16, IAS 37 and IAS 41 are conducive to the European public good.
  

  Comments are requested by 7 September 2020.
  

• 31/08/2020 - EFRAG Update August 2020

  ​The August 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​
  

• 28/08/2020 - EFRAG TEG webcast meeting 2&3 September 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 2 and Thursday 3 September 2020. To watch the webcast please register here.

• 28/08/2020 - EFRAG requests comments on its Draft Endorsement Advice on IBOR Phase 2 (amendments to IFRS 9, IAS 39, IFRS 7 and IFRS 16)

  ​EFRAG is consulting on its assessments of Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) against the technical criteria and whether the Amendments are conducive to the European public good. Comments are requested by 7 September 2020. EFRAG invites constituents to participate to a public outreach event on 7 September (16.30) to provide their comments. 
  

• 26/08/2020 - EFRAG summary report of the field-test workshop with corporates on 7 July 2020

  ​EFRAG has issued a report that summarises the findings received from participants in its field-test on the IASB Exposure Draft General Presentation and Disclosures. The workshop was undertaken in close coordination with European National Standard Setters and the IASB on 7 July 2020 where different companies (corporates) discussed potential implementation and application concerns, whether there is a need for additional guidance and the efforts required to implement and apply the IASB proposals.

                       

• 19/08/2020 - EFRAG online joint outreach event: Primary Financial Statements - Preparers Round-table | 1 September 2020 | Programme

  See our joint online outreach event programme 'Primary Financial Statements: Preparers Round-table', organised by EFRAG and Business Europe in cooperation with the IASB. Register here. ​
  

• 19/08/2020 - EFRAG TEG webcast meeting 24 August 2020

  ​EFRAG announces that it will hold an EFRAG TEG webcast meeting on Monday 24 August 2020. To watch the webcast please register

  here. 

• 19/08/2020 - EFRAG Board webcast meeting 24 August 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Monday 24 August 2020. To watch the live webcast please click here.

• 04/08/2020 - Save the Date – ASCG outreach event on PFS with participation of EFRAG and the IASB

  EFRAG Project Director Kathrin Schoene will take part in a public outreach event organised by the German Standard Setter (ASCG) on the IASB’s Exposure Draft General Presentation and Disclosures. The representatives from the IASB will participate in the 2 outreach events held on 7 and 11 September 2020.​​​
  

• 03/08/2020 - Co-Chairs appointed to lead the European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model

  ​Mario Abela and Dawn Slevin have been appointed as co-Chairs of the European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model.
  
  

• 03/08/2020 - EFRAG Update July 2020

  The July 202​​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 03/08/2020 - Save the Date - IBOR Reform - Phase 2: Do the Amendments meet the endorsement criteria in the EU?

  EFRAG is organising a public outreach event on the endorsement of the IASB's Amendments on Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 4, IFRS 16 and IFRS 7) on Monday 7 September 2020 from 16:00 till 17:30, CEST. ​​
  

• 24/07/2020 - Save the date | Joint Outreach on General Presentation and Disclosures | 16 September 2020

  ​EFRAG and the DASB will host an online joint outreach event focused on the IASB proposals on primary financial statements, in cooperation with the IASB on Wednesday 16 September. Register now. 
  

• 20/07/2020 - EFRAG's Discussion Paper on the accounting for crypto-assets (liabilities) - holder and issuer perspective

  EFRAG has published a Discussion Paper to gather constituents' views on the accounting for crypto-assets (liabilities) from a holder and issuer perspective. Comments are welcome throughout a 12-month period from the date of issuance until 31 July 2021. Comments provided earlier during the consultation period will be welcome. The consultation period caters for constituents’ impacted priorities and any constraints faced due to the current pandemic. It also allows EFRAG sufficient time to obtain as much feedback as possible. 

  
  

• 20/07/2020 - Extended deadline | EFRAG seeks candidates for Financial Reporting Project Director: as employee or on secondment

  ​EFRAG extends the deadline for applications to the position of Financial Reporting Project Director till 31 August​​. The selected candidate will provide leadership to EFRAG’s technical financial reporting activities and to join the management team. EFRAG would be open to the suitable candidate working as employee or on secondment.​ Read the complete job description. 
  

• 17/07/2020 - Apply now to join the new European Lab Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards

  ​The European Reporting Lab @EFRAG (European Lab) is seeking candidates to participate in the new European Lab Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards. Applications should be submitted electronically​ by 17 August 2020. 
  

• 14/07/2020 - EFRAG Board webcast meeting on 16 July 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 16 July 2020. To watch the live webcast please click here. 

• 14/07/2020 - REMINDER | EFRAG seeks candidates for Financial Reporting Project Director

  There is still time to send your application for the position of Financial Reporting Project Director at EFRAG to provide leadership to its technical financial reporting activities and to join our management team. Read the complete job description​. 
  

• 14/07/2020 - Save the Date - Preparers roundtable on Primary Financial Statements -1 September 2020 - 9:30 to 12:000

  Online joint outreach event focused on the application of the IASB proposals with insights of the field testing of the Primary Financial Statements proposals organised by EFRAG and Business Europe, in cooperation with the IASB. The event will take place on 1 September 2020 from 09:30 to 12:00 (CEST).

• 10/07/2020 - Summary Report on the Joint Online Outreach Events on Primary Financial Statements with EFFAS, BVFA/ABAF and the IASB

  EFRAG, in collaboration with EFFAS, BVFA/ABAF and the IASB has published the Summary Report on the two Joint Online Outreach Events held on 19 and 26 May 2020 on the IASB Exposure Draft General Presentation and Disclosures.
  

• 09/07/2020 - Call for EFRAG TEG Members

  EFRAG is calling for candidates​ for its Technical Expert Group (EFRAG TEG) for the 2021 rotation. Applications should be sent to EFRAG at the latest by 12 October 2020. ​
  

• 06/07/2020 - EFRAG's endorsement advice on the extension of the temporary exemption from Applying IFRS 9 (Amendments to IFRS 4)

  ​EFRAG has completed its due process regarding the extension of the temporary exemption from applying IFRS 9 (Amendments to IFRS 4)

• 06/07/2020 - EFRAG seeks secondments

  ​EFRAG is looking for technical managers with IFRS experience on a full time or part-time basis seconded from your firm or company or as a service-provider from your firm or company.​ Applications are welcome by 15 August 2020, addressed to Saskia Slomp (EFRAG CEO) at Rh@efrag.org .​
  

• 06/07/2020 - Summary Report on the Joint Online Outreach Event on Primary Financial Statements with the NASB, NFF and the IASB

  ​EFRAG, in collaboration with the NASB, NFF and the IASB has published the Summary​ Report​ on the Joint Online Outreach Event held on 17 June 2020 on the IASB Exposure Draft General Presentation and Disclosures.
  

• 06/07/2020 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Covid-19-Related Rent Concessions (amendment to IFRS 16) is now reflected in the EFRAG Endorsement Status Report.

• 06/07/2020 - EFRAG TEG webcast meeting 8 July 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 8 July 2020. To watch the webcast please register here.

• 03/07/2020 - EFRAG TEG webcast meeting 6 July 2020

  EFRAG announces that it will hold an additional EFRAG TEG webcast meeting on Monday 6 July 2020 to discuss IFRS 4 Insurance contract.To watch the webcast please register here.​​​​​​​​​

• 03/07/2020 - EFRAG Board webcast meeting 6 July 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Monday 6 July 2020. To watch the live webcast please click here.

• 02/07/2020 - EFRAG mandated to provide recommendations on possible European Non-Financial Reporting Standards

  Executive Vice President Valdis Dombrovskis has issued a request for technical advice mandating EFRAG to undertake preparatory work for possible EU Non-Financial Reporting Standards in a revised Non-Financial Reporting Directive (NFRD). 
  

  In addition, Executive Vice President Valdis Dombrovskis has invited EFRAG Board President and European Lab Steering Group Chairman Jean Paul Gauzès to consider the possible need for changes to the governance and financing of EFRAG in the context of the possible development of European non-financial reporting standards.
  

• 01/07/2020 - Summary Report on the Joint Online Outreach Event on Primary Financial Statements with the FSR, DI and the IASB

  EFRAG, in collaboration with the FSR, DI and the IASB has published the Summary​ Report​ on the Joint Online Outreach Event held on 14 May 2020 on the IASB Exposure Draft General Presentation and Disclosures.
  

• 01/07/2020 - EFRAG Update June 2020

  ​The June 202​​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​
  

• 29/06/2020 - EFRAG TEG webcast meeting 1&2 July 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 1 and Thursday 2 July 2020. To watch the webcast please register here .​​​

• 29/06/2020 - EFRAG TEG-CFSS webcast meeting July 2020

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS webcast meeting on Wednesday 1 July 2020. To watch the webcast please register here.

• 25/06/2020 - EFRAG requests comments on its Draft Endorsement Advice on Annual Improvements to IFRS Standards 2018-2020

  ​EFRAG is consulting on both its assessment of Annual Improvements to IFRS Standards 2018-2020 against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 7 September 2020.

  ​
  

• 25/06/2020 - EFRAG requests comments on its Draft Endorsement Advice on Property, Plant and Equipment: Proceeds before Intended Use (Amendments to IAS 16)

  ​​EFRAG is consulting on both its assessment​ of Property, Plant and Equipment: Proceeds before Intended Use (Amendments to IAS 16) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 7 September 2020.
  

• 25/06/2020 - EFRAG requests comments on its DEA on Extension of the Temporary Exemption from Applying IFRS 9 (Amendments to IFRS 4)

  EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Highlighting that the entire endorsement process is urgent, EFRAG requests your comments by 3 July 2020.
  

• 24/06/2020 - EFRAG requests comments on its Draft Endorsement Advice on Reference to the Conceptual Framework (Amendments to IFRS 3)

  ​EFRAG is consulting on its assessment of Reference to the Conceptual Framework (Amendments to IFRS 3) against the technical criteria in the EU and on ​its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 7 September 2020. ​
  

• 24/06/2020 - EFRAG requests comments on its Draft Endorsement Advice on Onerous Contracts - Cost of Fulfilling a Contract (Amendments to IAS 37)

  ​​​

  EFRAG is consulting on its assessment ​of Onerous Contracts - Cost of Fulfilling a Contract (Amendments to IAS 37) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. ​Comments are requested by 7 September 2020.​
  

  ​
  

• 18/06/2020 - EFRAG seeks candidates for Project Director

  ​EFRAG is calling for candidates to fill the position of Project Director to provide leadership to its technical financial reporting activities and to join the EFRAG management team.
  

• 16/06/2020 - REMINDER | EFRAG Online Joint Outreach Event: Changing the Income Statement – Norwegian Perspectives | 17/06/20

  Tomorrow d​o not miss our public webinar discussing the new shape of primary financial statements with the Norwegian Accounting Standards Board, the Norwegian Society of Financial Analysts and the IASB. Register now!
  

• 11/06/2020 - EFRAG Board webcast meeting on 16 June 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Tuesday 16 June 2020. To watch the live webcast please click here.

• 08/06/2020 - EFRAG online joint outreach event: Changing the Income Statement – Norwegian Perspectives | 17/06/20 | Programme

  See the programme and high-level speakers  participating in the joint webinar Changing the Income Statement – Norwegian Perspectives, hosted by EFRAG in cooperation with the NASB, the NFF and the IASB. Register here.
  

• 04/06/2020 - Second European Lab Project Task Force appointed

  The European Lab Steering Group has appointed the Project Task Force for its second project on reporting of non-financial risks and opportunities and linkage to the business model​

• 03/06/2020 - EFRAG's Endorsement Advice on Covid-19-Related Rent Concessions (Amendment to IFRS 16)

  ​EFRAG has completed its due process regarding Covid-19-Related Rent Concessions (Amendment to IFRS 16) and has submitted its Endorsement Advice Letter to the European Commission.
  

• 03/06/2020 - EFRAG has published its Final Comment Letter in response to the IASB's ED Classification of Liabilities as Current or Non-current - Deferral of Effective Date

  ​​EFRAG has published its Final Comment Letter​  in response to the IASB's Exposure Draft ED/2020/3 Classification of Liabilities as Current or Non-current - Deferral of Effective Date​ (proposed amendments to IAS 1)​.
  
  

• 02/06/2020 - EFRAG Update May 2020

  ​​The May 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​
  

• 29/05/2020 - EFRAG TEG meeting June 2020

  ​EFRAG announces that it will hold its ​EFRAG TEG webcast meeting on Wednesday 3 and Thursday 4 June 2020. To watch the webcast please register here .

• 29/05/2020 - EFRAG Draft Comment Letter on IASB DP 'Business Combinations — Disclosures, Goodwill and Impairment'

  EFRAG has published its Draft Comment Letter in response to the IASB's Discussion Paper DP/2020/1 Business Combinations—Disclosures, Goodwill and Impairment. Comments on the draft comment letter are requested by 30 November 2020.​

• 29/05/2020 - Save the Date - EFRAG online joint outreach event: Changing the Income Statement – Norwegian perspectives

  ​Register for the online joint outreach event on Primary Financial Statements organised by EFRAG, the Norwegian Accounting Standards Board (NASB), the Norwegian Society of Financial Analysts (NFF) and the IASB.
  

• 27/05/2020 - EFRAG has published its Final Comment Letter in response to the IASB's ED Interest Rate Benchmark Reform – Phase 2

  EFRAG has published its Final Comment Letter​  in response to the IASB's Exposure Draft ED/2020/1 Interest Rate Benchmark Reform – Phase 2 (proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16).
  

• 22/05/2020 - Join EFRAG Board-TEG webcast meeting on 26 May 2020

  ​EFRAG announces that it will hold its EFRAG Board-TEG webcast meeting on Tuesday 26 May 2020. To watch the live webcast please click here.

• 20/05/2020 - REMINDER | Joint outreach event: Time for a facelift? A new look for the income statement – General Disclosure Requirements | 26 May 2020

  There is still time to register for our joint user outreach event on the new shape foreseen for income statement disclosures on Tuesday 26 May at 17:00 (CEST). Read the programme​ and register online here.
  

• 19/05/2020 - EFRAG releases its 2019 Annual Review

  ​Find out more about EFRAG’s activities in 2019 and the first months of 2020 in our Annual Review​.  
  

• 15/05/2020 - REMINDER | JOINT OUTREACH EVENT: TIME FOR A FACELIFT? A NEW LOOK FOR THE INCOME STATEMENT – PRESENTATION | 19 MAY 2020

  Do not miss our joint outreach event on the new shape of the income statement on Tuesday 19 May at 17:00 (CEST). Read the programme and register online here .
  
  

• 14/05/2020 - EFRAG Board webcast meeting May 2020

  ​EFRAG announces that it will hold its ​EFRAG Board webcast meeting on Monday 18 May 2020. To watch the webcast please register here. 

• 13/05/2020 - REMINDER | Online Joint Outreach Event on Primary Financial Statements hosted by EFRAG, FSR, DI and the IASB - 14/05/20

  EFRAG is looking forward to welcoming the participants to its online joint outreach event on Primary Financial Statements tomorrow (14/05/20) at 9:30. The speakers, the agenda, and the polling questions instructions are available on our websi​te​​. 
  

• 12/05/2020 - EFRAG's Final Comment Letter on the IASB's Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16)

  ​EFRAG has published its Final Comment Letter in response to the IASB's Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16). The Final Comment Letter is available here.​
  

• 08/05/2020 - EFRAG Board webcast meeting May 2020

  ​EFRAG announces that it will hold its ​EFRAG Board webcast meeting on Monday 11 May 2020. To watch the webcast please register here. 

• 08/05/2020 - EFRAG TEG webcast meeting May 2020

  ​EFRAG announces that it will hold its ​EFRAG TEG webcast meeting on Monday 11 May 2020. To watch the webcast please register here.

• 08/05/2020 - EFRAG's Draft Comment Letter on the IASB's ED/2020/3 Classification of Liabilities - Deferral of Effective Date - Proposed amendments to IAS 1

  ​EFRAG has published its Draft Comment Letter in response to the IASB's Exposure Draft Classification of Liabilities - Deferral of Effective Date​ - Proposed amendments to IAS 1 and seeks constituents' views on the proposals. Comments on the Draft Comment Letter are requested by 25 May 2020.
  

• 06/05/2020 - REMINDER | Online Joint Outreach Event on Primary Financial Statements hosted by EFRAG, the FSR, DI and the IASB | 14 May - 9:30 am | Speakers announced

  There is still time to register for our joint outreach event on the IASB’s ED on General Presentation and Disclosures​ ​on 14 May, from 9:30 to 12:00 am CEST. Along with the announced speakers​, Françoise Flores, IASB Board Member and Chiara Del Prete, EFRAG TEG Chairwoman will discuss the new shape of the primary financial statements. ​​​
  

• 04/05/2020 - EFRAG TEG webcast meeting May 2020

  ​EFRAG announces that it will hold its ​EFRAG TEG webcast meeting on Wednesday 6 May 2020. To watch the webcast please register here.

• 01/05/2020 - EFRAG draft comment letter and preparatory draft of the Endorsement Advice on IASB ED/2020/2 Covid-19-Related Rent Concessions (amendment to IFRS 16)

  ​EFRAG has​ published a Draft Comment Letter and a preparatory draft of the Endorsement Advice on the IASB ED/2020/2 Covid-19-Related Rent Concessions (amendment to IFRS 16). Comments on the draft comment letter are requested by 7 May, and for the preparatory draft Endorsement Advice by 20 May.​
  

• 30/04/2020 - EFRAG Update April 2020

  ​The April 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​​
  

• 29/04/2020 - EFRAG Public Outreach Covid-19-Related Rent Concessions 7 May 18:15 CEST

  ​EFRAG is organizing a public outreach on the IASB ED/2020/2 Covid-19-Related Rent Concessions (amendment to IFRS 16) with the participation of EFRAG CFSS on Thursday 7 May from 18:15 till 19:15, CEST
  

• 28/04/2020 - Feedback statement on EFRAG Discussion Paper Accounting for Pension Plans with an Asset-Return Promise

  EFRAG has published a feedback statement on its Discussion Paper Accounting for Pension Plans with an Asset-Return Promise.

• 27/04/2020 - EFRAG Joint User Outreach Webinars - Time for a face-lift? A new look for the income statement – 19 &26 May 2020 – Speakers announced

  Discover our speakers in the detailed programmes for the joint user outreach webinars on primary financial statements to be held on 1​9 ​and 26​​ ​ May 2020. ​
  

  
  

• 27/04/2020 - EFRAG TEG webcast meeting April 2020

  ​EFRAG announces that it will hold an additional EFRAG TEG webcast meeting on Wednesday 29 April 2020. To watch the webcast please register here

• 27/04/2020 - EFRAG extends its consultation period on Primary Financial Statements

  Recognising the impact of the COVID-19 pandemic, on 17 April 2020 the IASB decided to extend the consultation period of its Exposure Draft on General Presentation and Disclosures (ED) by approximately three months. EFRAG has adjusted its timelines accordingly, considering the priorities of its stakeholders during the current pandemic and extended the comment period for its Draft Comment Letter on the ED until 28 September 2020 and its period of field testing until 31 August 2020.

  To collect input from the community of interested preparers that are unable to participate in EFRAG's field-tests under the present circumstances, EFRAG is planning an online event on 1 September 2020

• 23/04/2020 - Online joint outreach event on Primary Financial Statements hosted by EFRAG, FSR, DI and the IASB - 14/05/20

  EFRAG invites you to its joint event on 14 May with the FSR – Danish Auditors, the Confederation of Danish Industry (DI) and the IASB on the Exposure Draft General Presentation and Disclosures. The main objective of this public webinar meeting is to discuss the IASB proposals for a new shape of the primary financial statements with Danish and other stakeholders.​
  

  The event will open at 9:30 and close around 12:00. For more information and registration, please see the invitation or click here​.​
  

• 23/04/2020 - EFRAG's draft comment letter on the IASB's ED/2020/1 Interest Rate Benchmark Reform - Phase 2 (proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16)

  ​​​​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2020/1 Interest Rate Benchmark Reform - Phase 2 (proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 15 May 2020.
  

• 22/04/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IFRS 3 Business Combinations: Definition of a business combination is now reflected in the Endorsement Status Report.

• 20/04/2020 - EFRAG Board webcast meeting April 2020

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Tuesday 21 April 2020. To watch the live webcast please click here.

• 15/04/2020 - EFRAG TEG webcast meeting April 2020

  EFRAG announces that it will hold its ​EFRAG TEG webcast meeting on Thursday 16 April 2020. To watch the webcast please register here.

• 08/04/2020 - EFRAG extends application deadline to 4 May 2020 for joining the new European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model

  ​The call for candidates to become members of the new European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model is now extended to 4 May 2020. Applications should be sent to nominations@efrag.org.
  

• 07/04/2020 - EFRAG TEG webcast meeting April 2020

  EFRAG announces that it will hold an additional EFRAG TEG webcast meeting on Wednesday 8 April 2020 to discuss the IASB Research Project Goodwill and Impairment. To watch the webcast please register here

• 01/04/2020 - EFRAG TEG webcast meeting April 2020

  EFRAG announces that it will hold an additional EFRAG TEG webcast meeting on Monday 6 April 2020 to discuss the IASB Research Project Goodwill and Impairment. To watch the webcast please register here.​​​​​​​​​

• 01/04/2020 - Time for a facelift? A new look for the income statement | Webinars 19 & 26 May 2020 | SAVE THE DATE

  EFRAG, with EFFAS, BVFA/ABAF and IFRS Foundation invites you to a joint user outreach event​, composed of two webinars on 19 and 26 of May 2020 on the Exposure Draft General Presentation and Disclosures published by the International Accounting Standards Board.
  

  WEBINAR 19 May 2020 – 17:00 - 18.15 (CET)

  WEBINAR 26 May 2020 – 17:00 - 18.15 (CET)

• 31/03/2020 - EFRAG Update March 2020

  ​The March 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​
  

• 31/03/2020 - EFRAG's pre-consultation document on the IASB's forthcoming ED on IBOR Phase 2

  In order to allow for additional consultation time, EFRAG publishes a pre-consultation document, in anticipation of the IASB's forthcoming Exposure Draft IBOR Phase 2 ('the ED'). EFRAG's​ draft comment letter will ​replace this pre-consultation document later in April. EFRAG seeks constituents' views on the proposals by 15 May 2020.​
  

• 27/03/2020 - EFRAG requests the IASB to extend its consultation periods

  In the context of the pandemic, EFRAG has sent a letter to the IASB requesting longer consultation periods.
  

• 27/03/2020 - Article | Joint networking event EFRAG and the IFRS Foundation Trustees | 18 Feb. 2020

  ​The article on the networking stakeholder event co-hosted with the IFRS Foundation Trustees on 18 February 2020 is now available.
  

• 26/03/2020 - EFRAG Letter to the IASB on IFRS17 amendments

  ​EFRAG publishes a letter that was sent to the IASB acknowledging the progress made so far and drawing attention to the annual cohort requirement.
  

• 25/03/2020 - EFRAG TEG webcast meeting March 2020

  ​EFRAG announces that it will hold its ​EFRAG TEG webcast meeting on Thursday 26 March 2020. To watch the webcast please register here.

• 24/03/2020 - EFRAG TEG-CFSS webcast meeting March 2020

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS webcast meeting on Wednesday 25 March 2020. To watch the webcast please register here.​​

• 19/03/2020 - EFRAG Alert related to the spread of the coronavirus

  ​The coronavirus (COVID-19) pandemic is affecting us all and is leading to far-reaching health and safety measures. EFRAG fully complies with the relevant Belgian measures and prioritises the health and well-being of our staff and stakeholders whilst continuing to operate as effectively as possible.
  

• 17/03/2020 - EFRAG Board webcast meeting March 2020

  Due to some technical issues, the broadcast of the public sessions of todays' EFRAG Board meeting will not be possible. We will record the meeting and upload the audio recording after the meeting.

  Sorry for the inconveniences.

• 13/03/2020 - EFRAG announces the composition of its Advisory Panel on Intangibles

  ​EFRAG TEG has approved the composition of the EFRAG Advisory Panel on Intangibles. EFRAG welcomes Florian Bercault, Ian Bishop, Giorgio Calimani, ​Laure Chatillon, Alexandre Goncalves, Laurine Lemon, Gianluca Manca, Marietta Miemietz, Bertrand Perrin, Laurent Pieraerts, Jochem Quaak, Ivars Strautins, Jeremy Stuber, Ton van Ooijen, Jesús Valero and​ Hanno Wulbrand as members of the EFRAG Advisory Panel on Intangibles.​
  

• 13/03/2020 - Apply now to join the European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model

  Call for candidates to become members of the new European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model. Applications should be sent to nominations@efrag.org by 10 April 2020. Expressions of interest are also sought for those who would like to participate in future outreach events of the new project.​
  
  

• 10/03/2020 - EFRAG March Meetings - Alert related to the spread of the coronavirus

  ​The uncertainty around the coronavirus (COVID-19) affects us all and we want to reduce the risk inherent to a European organisation. EFRAG has decided to turn all physical meetings scheduled for March into webcast meetings.​​
  

• 06/03/2020 - ​​EFRAG invites companies to participate in the field-test on the IASB's project Primary Financial Statements

  EFRAG, in close coordination with European National Standard Setters and the IASB, will conduct field-testing of the IASB's proposals included in the Exposure Draft ED/2019/7 General Presentation and Disclosures (ED), which were published in December 2019. The purpose of the field-testing is to identify potential implementation and application concerns, to determine whether there is a need for additional guidance, and to estimate the effort required to implement and apply the proposals.

• 28/02/2020 - EFRAG User Update February 2020

  ​The February 2020 edition of the EFRAG User Update provides users of financial statements with information about EFRAG's main the publications, discussions held and decisions taken since the previous update. This with the objective of keeping users of financial statements updated in the field of financial reporting. EFRAG User Update can be downloaded below and under the menu 'User Corner'.

• 28/02/2020 - EFRAG Update February 2020

  ​The February 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 28/02/2020 - EFRAG TEG meeting March 2020

  EFRAG announces that it will hold its ​EFRAG TEG meeting on Wednesday 4 and Thursday 5 March 2020. To watch the webcast please register here.

• 28/02/2020 - Joint EFRAG TEG-User Panel meeting March 2020

  ​EFRAG announces that it will hold its ​joint EFRAG TEG-User Panel meeting on Wednesday 4 March 2020. To watch the webcast please register here.

• 25/02/2020 - Visit the European Corporate Reporting Lab @EFRAG

  ​Discover in 2 minutes how the European Corporate Reporting Lab @EFRAG (European Lab) stimulates innovation in the field of corporate reporting in Europe, by identifying and sharing good practices.
  

• 24/02/2020 - EFRAG draft comment letter on Primary Financial Statements

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft 2019/7 General Presentation and Disclosures and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 19 June 2020, by close of business.

• 21/02/2020 - EFRAG announces the new composition of its Rate-regulated Activities Working Group

  ​EFRAG TEG approved the new composition of the EFRAG Rate-regulated Activities Working Group. The EFRAG RRA Working Group welcomes Giorgio Alessio Acunzo, Jean Louis Caulier, Claire Dusser, Isabelle Nuss and Samuel Vaughan as new members and Gerard van Santen as new Chair.
  

• 18/02/2020 - Reminder: EFRAG calls for candidates for an advisory panel on intangibles

  The application deadline is 21 February 2020.
  
  

• 14/02/2020 - EFRAG Board meeting February 2020

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 18 February 2020. To watch the live webcast please click here.​​​​​​

• 14/02/2020 - Summary brochure on recent report: How to improve climate-related reporting – A summary of good practices from Europe and beyond

  This s​ummary brochure highlights key messages and findings of the recent report "How to improve climate-related practices -A summary of good practices from Europe and beyond​"​issued by the Project Task Force on Climate-related Reporting at the European Corporate Reporting Lab @ EFRAG. The report and its two supplement documents analyse reporting practices on climate-related disclosures and scenario analysis. 
  

• 10/02/2020 - Joint Networking Event EFRAG and the IFRS Trustees Foundation - 18/02/2020

  EFRAG and the IFRS Foundation Trustees, will organise a joint European networking event : Financial reporting: remaining relevant in a changing environment, on 18 February 2020 evening in Brussels.

• 06/02/2020 - ‘How to improve climate-related reporting – A summary of good practices from Europe and beyond’, a report from the Project Task Force of Climate-related Reporting of the European Lab

  Today, the Project Task Force of Climate-related Reporting of the European Lab launched its report: ‘How to improve climate-related reporting –  A summary of good practices from Europe and beyond​’. To mark the occasion a networking event was organised at EFRAG’s premises, with Pascal Canfin, Chair of the EP ENVI Committee, Michèle Lacroix, Chair of Project Task Force on Climate-related Reporting, and Alain Deckers, Head of Unit, EC DG FISMA and Vice-Chairman European Lab Steering Group.​​
  

• 05/02/2020 - Literature review on intangibles

  EFRAG publishes a literature review on intangibles as part of its research project on better information on intangibles.

• 04/02/2020 - EFRAG TEG webcast meeting February 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 5 February 2020. To watch the webcast please register here.​​​​​​​​

• 04/02/2020 - REMINDER | INVITATION - Launching event - 06/02/20 - Report of European Lab Project Task Force on Climate-related Reporting

  The European Corporate Reporting Lab @EFRAG is pleased to invite you to the launching event of the European Lab Project Task Force on Climate-related Reporting report: How to Improve Climate-related Reporting - A Summary of Good Practices from Europe and Beyond, on this Thursday, 6 February. 

  Pascal Canfin, Chair EP Committee on the Environment, Public Health and Food Safety, will be the guest speaker.
  

  The event will start at 16:00, please note the new venue: Ground floor reception room, 35 Square de Meeûs 1000 Brussels. 

  Register now at cristina.rodriguez@efrag.org​.​​
  

• 03/02/2020 - EFRAG Update January 2020

  ​The January 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 30/01/2020 - EFRAG’s advice to the European Commission on the measurement of long-term investments in equity instruments

  ​EFRAG publishes its advice ​to the European Commission on alternative accounting treatments to measurement at fair value through profit or loss for equity and equity-type instruments held in long-term investment business m​odels.​
  

• 28/01/2020 - IFRS 17 Limited update of 2018 Case Studies

  EFRAG is calling for expressions of interest from European insurance companies in participating in its limited update of the case studies relating to IFRS 17 Insurance Contracts. Expressions of interest should be submitted by close of business on Friday 28 February 2020.
  

• 24/01/2020 - EFRAG TEG meeting January 2020

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 29 and Thursday 30 January 2020. To watch the webcast please register here.​​​

• 23/01/2020 - EFRAG Endorsement Status Report - Update

  ​​The publication of Classification of Liabilities as Current or Non-current (amendments to IAS 1 Presentation of Financial Statements) is now reflected in the Endorsement Status Report

• 22/01/2020 - EFRAG's feedback statement on IASB Exposure Draft ED/2019/6 Disclosure of Accounting Policies.

  ​​​EFRAG published its feedback statement on the IASB Exposure Draft ED/2019/6 Disclosure of Accounting Policies. ​
  

• 21/01/2020 - EFRAG Advisory Panel on Intangibles: Call for candidates

  How does an entity create, maintain and enhance value? What information about intangibles do investors need but cannot find in the financial statements?
  

   
  

  EFRAG calls for experts to its Advisory Panel on Intangibles by 21 February 2020.
  

• 17/01/2020 - Invitation for launching event -6/02/20 - Report of European Lab Project Task Force on Climate-related Reporting

  The European Corporate Reporting Lab @EFRAG is pleased to invite you to the launching event of a report on Climate-related Reporting, on 6 February. Pascal Canfin, Chair EP Committee on the Environment, Public Health and Food Safety, will be the guest speaker. The event will start at 16:00 and take place at the EFRAG offices, register now at cristina.rodriguez@efrag.org​.
  

• 17/01/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Interest Rate Benchmark Reform: Amendments to IFRS 9, IAS 39 and IFRS 7 is now reflected in the Endorsement Status Report.

• 13/01/2020 - REMINDER - EFRAG Rate-Regulated Activities Working Group is open for new members

  ​EFRAG launches a call for applicants for its Rate-regulated Activities Working Group (EFRAG RRAWG).​
  

• 09/01/2020 - EFRAG Board meeting January 2020

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 14 January 2020. To watch the live webcast please click here.​​​​​

• 08/01/2020 - EFRAG Board President awarded the order of Officier de la Légion d’Honneur

  EFRAG congratulates Jean-Paul Gauzès, EFRAG Board President, on being awarded the order of Officier de la Légion d'Honneur, one of the highest national distinctions in France.​​
  

• 07/01/2020 - New EFRAG TEG Composition

  ​The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome four new members: Jens Berger, Erlend Kvaal, David Procházka and Christoph Schauerte. Six EFRAG TEG members have been reappointed:  Nicklas Grip (EFRAG TEG Vice-Chair), Ana Rosa Cortez, Geert Ewalts, Emmanuelle Guyomard, Ambrogio Virgilio and Jed Wrigley.
  

• 06/01/2020 - EFRAG TEG webcast meeting January 2020

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 8 January 2020. To watch the webcast please register here.​​​​​​​

• 06/01/2020 - EFRAG Update December 2019

  ​The December 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 19/12/2019 - Happy holidays!

  ​The EFRAG Team wishes you a joyful winter break and all the best for 2020.
  

• 18/12/2019 - Call for EFRAG Rate-regulated Activities Working Group members

  ​EFRAG has decided to renew the membership of its Rate-regulated Activities Working Group (EFRAG RRAWG).

• 18/12/2019 - Change to the composition of the EFRAG Board

  ​EFRAG says goodbye to Stig Enevoldsen and welcomes Søren Kok Olsen as EFRAG Board member for one of the National Standard Setters seats from 1 January 2020.​
  

• 16/12/2019 - EFRAG Board meeting December 2019

  ​EFRAG announces that it will hold its EFRAG Board meeting on Wednesday 18 December 2019. To watch the live webcast please click here.​​​​

• 12/12/2019 - EFRAG's Comment Letter on the IASB Exposure Draft ED/2019/6 Disclosure of Accounting Policies.

  ​​​EFRAG has published its Comment Letter in response to the IASB's Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed Amendments to IAS 1 and IFRS Practice Statement 2) (the ED).
  

• 11/12/2019 - EFRAG Endorsement Status Report Update

  The endorsement by the European Commission of Amendments to IAS 1 and IAS 8 is now reflected in the Endorsement Status Report.

• 09/12/2019 - EFRAG's feedback statement on IASB ED Amendments to IFRS 17

  EFRAG published its feedback statement to the IASB ED/2019/4 Amendments to IFRS 17

• 09/12/2019 - EFRAG Endorsement Status Report - Update

  The endorsement by the European Commission of Amendments to References to the Conceptual Framework in IFRS Standards is now reflected in the Endorsement Status Report. 
  

• 06/12/2019 - EFRAG Board webcast meeting December 2019

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Wednesday 11 December 2019. To watch the webcast please register here.​​​​​​​

• 06/12/2019 - EFRAG Conference - IFRS & Regulation: Searching for Common Ground – Video recordings available

  EFRAG is pleased to share the video recordings of its November Conference: IFRS & Regulation: Searching for Common Ground. In two parts you can watch the keynote speeches provided by Michel Prada and Steven Maijoor, followed by two thought-provoking panel discussions. ​​
  

• 03/12/2019 - EFRAG Update November 2019

  ​The November 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 02/12/2019 - EFRAG thanks its Technical Director: Patricia McBride

  ​Our Technical Director, Patricia McBride, retired from EFRAG at the end of November 2019.  We are grateful for the invaluable contributions she made and her commitment to EFRAG for approximately 6 years. We wish her much happiness as she begins a new chapter of her life.​
  

• 29/11/2019 - EFRAG TEG meeting December 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 4 and Thursday 5 December 2019. To watch the webcast please register here.​​​​

• 29/11/2019 - EFRAG TEG-CFSS meeting December 2019

  ​​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 4 December 2019. To watch the webcast please register here.​​

• 28/11/2019 - IFRS & Regulation: Searching for Common Ground - Europe has a leading role to play in shaping future financial reporting standards

  High-level speakers discusse​d the dynamics between IFRS standards and regulation of financial reporting at the conference organised by the European Financial Reporting Advisory Group (EFRAG).​​
  

• 20/11/2019 - EFRAG Conference – 28/11/19 IFRS & Regulation: Searching for Common Ground

  EFRAG’s high-level conference: IFRS & Regulation: Searching for Common Ground is coming soon. Join us on the afternoon of 28 November in Brussels to hear Michel Prada and Steven Maijoor as keynote speakers followed by two panels with distinguished speakers.​
  

• 19/11/2019 - EFRAG welcomes Kathrin Schöne as Project Director

  EFRAG Board is delighted to announce the appointment of Kathrin Schöne as Project Director. Kathrin ​started with EFRAG on 18 November 2019. 
  

• 14/11/2019 - EFRAG final comment letter on the IASB exposure draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12

  ​EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12.
  

• 08/11/2019 - EFRAG's feedback statement on its comment letter to IASB ED/2019/1 Interest Rate Benchmark Reform

  EFRAG has published its feedback statement on its final comment letter to the IASB's ED2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39).

• 08/11/2019 - EFRAG Board meeting November 2019

  ​EFRAG announces that it will hold its EFRAG Board meeting on Wednesday 13 November 2019. To watch the live webcast please click here.​​​​

• 08/11/2019 - EFRAG Conference – 28/11/19 - IFRS & Regulation: Searching for Common Ground | Full Programme published!

  EFRAG presents the full programme ​​for its conference on 28 November with Michel Prada, former IFRS Foundation Trustees Chairman and former Chairman of the French Regulator AMF, and Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA) as keynote speakers. Registration is open: send an email to cristina.rodriguez@efrag.org.

• 06/11/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7) is now reflected in the EFRAG Endorsement Status Report.

   

• 31/10/2019 - EFRAG TEG meeting November 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Tuesday 5 and Wednesday 6 November 2019. To watch the webcast please register here.​​​

• 31/10/2019 - EFRAG Update October 2019

  ​The October 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 30/10/2019 - EFRAG Conference - 28/11/19 - IFRS & Regulation: Searching for Common Ground | Keynote speaker

  EFRAG is very pleased to announce that Steven Maijoor, the Chair of the European Securities and Markets Authority (ESMA) will provide one of the keynote speeches at our conference IFRS & Regulation: Searching for Common Ground on 28 November from 13:00 to 18:00, in Brussels.  
  

  
  

  
  

• 23/10/2019 - Speakers at the EFRAG Conference - 28/11/19 - IFRS & Regulation: Searching for Common Ground

  See our confirmed speakers and panelists for our conference in the afternoon of 28 November in Brussels. The full programme will be published soon! Register now for the conference with cristina.rodriguez@efrag.org​
  

• 23/10/2019 - The European Corporate Reporting Lab @EFRAG has published a feedback statement on its agenda consultation and announces its next project

  ​The European Corporate Reporting Lab @EFRAG has published a feedback statement summarising the input received from the public consultation on the European Lab's future agenda. At its October meeting, the European Lab Steering Group considered the feedback received and decided that the European Lab's second project will be on Reporting of non-financial risks and opportunities, and linkage to the business model (i.e. Project 2 in the consultation). 

• 23/10/2019 - Roundtable on the future agenda of the European Corporate Reporting Lab @EFRAG on 10 September 2019 - Summary Report

  ​A summary report of the roundtable held by the European Corporate Reporting Lab @EFRAG (European Lab) on 10 September 2019 on its future agenda is now available.

• 21/10/2019 - Video presentation – EFRAG’s discussion paper: Accounting for Pension Plans with an Asset-return Promise is still open for comments until 15 November

  ​Discover EFRAG’s discussion paper Accounting for Pension Plans with an Asset-return Promise with a brief video ​prepared by EFRAG’s pension plans team. Comments on the discussion paper are welcome by 15 November.
  

• 17/10/2019 - EFRAG's feedback statement on IASB ED/2019/3 Reference to the Conceptual Framework

  EFRAG has published a feedback statement following submitting its comment letter on the IASB ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3).

• 16/10/2019 - EFRAG ENDORSEMENT ADVICE ON INTEREST RATE BENCHMARK REFORM (THE AMENDMENTS TO IFRS 9, IAS 39 AND IFRS 7)

  ​EFRAG has completed its due process regarding Interest Rate Benchmark Reform (the Amendments to IFRS 9, IAS 39 and IFRS 7) (the Amendments) and has submitted its Endorsement Advice to the European Commission.

• 11/10/2019 - EFRAG TEG webcast meeting October 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Monday 14 October 2019. To watch the webcast please register here.​​​​​​​

• 09/10/2019 - EFRAG Conference on 28 November 2019 - IFRS & Regulation: Searching for Common Ground - SAVE THE DATE

  Save the date for EFRAG’s conference on IFRS & Regulation: Searching for Common Ground in the afternoon of 28 November 2019.
  ​
  

• 04/10/2019 - RENEWAL OF EFRAG TEG COMPOSITION - NEW DEADLINE FOR APPLICATIONS

  Applications for membership of the EFRAG Technical Expert Group (EFRAG TEG) are now welcome by 21 October 2019.  The detailed application procedure can be found in the call for EFRAG TEG candidates.
  
  

• 04/10/2019 - EFRAG draft comment letter on the IASB Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed Amendments to IAS 1 and IFRS Practice Statement 2)

  ​​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed Amendments to IAS 1 and IFRS Practice Statement 2) and seeks constituents' views on the proposals. Comments are requested by 22 November 2019.

• 03/10/2019 - EFRAG Board meeting October 2019

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 8 October 2019. To watch the live webcast please click here.​​​​

• 01/10/2019 - EFRAG Update September 2019

  The September 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 01/10/2019 - 22/10/2019 – Final programme now available for our Joint Investor Outreach Event in Milan

  Have a look at our final programme and register for our Joint Investor Outreach Event on should climate change impact accounting, and what is new in accounting for insurance with a focus on investors and analysts.
  

  ​

  
   

• 30/09/2019 - EFRAG requests comments on its Draft Endorsement Advice on the Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7)

  EFRAG is consulting on both its assessment of the IASB's Exposure Draft ED/2019/1 Interest Rate Benchmark Reform (proposed Amendments to IFRS 9, IAS 39 and IFRS 7) (the Amendments) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Highlighting that the entire endorsement process is urgent in order to make the reliefs available for early adoption for the 2019 financial reporting, EFRAG requests your comments by 10 October 2019.

• 26/09/2019 - Visit EFRAG’s user corner!

  EFRAG’s website has recently been refreshed and we have introduced the user corner, addressed to users of corporate reporting. This new section will be regularly updated with information on EFRAG and European Lab activities relevant to users.
  

• 24/09/2019 - EFRAG's final comment letter on the IASB's ED/2019/4 Amendments to IFRS 17

  ​​EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2019/4 Amendments to IFRS 17.

• 24/09/2019 - EFRAG comment letter on IASB ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3)

  EFRAG has submitted its comment letter in response to the IASB's Exposure Draft ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3).

• 20/09/2019 - EFRAG TEG meeting September 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 25 and Thursday 26 September 2019. To watch the webcast please register here.​​​​

• 20/09/2019 - EFRAG TEG-CFSS meeting September 2019

  ​​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 25 September 2019. To watch the webcast please register here.​​

• 20/09/2019 - IBOR Reform - pre-announcement on draft endorsement advice consultation

  EFRAG pre-announces the launch of its draft endorsement advice consultation on the Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7) on 26 September and invites constituents to provide their comments. 

• 19/09/2019 - EFRAG Board meeting September 2019

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 24 September 2019. To watch the live webcast please click here.​​​

• 13/09/2019 - EFRAG draft comment letter on the IASB exposure draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendment to IAS 12

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12 and seeks constituents' views on the proposals. Comments are requested by 25 October 2019.​

• 13/09/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Amendment to IFRS 3 Business combinations is now reflected in the EFRAG Endorsement Status Report.

• 12/09/2019 - EFRAG TEG meeting September 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Monday 16 and Tuesday 17 September 2019. To watch the webcast please register here.​​​

• 12/09/2019 - EFRAG CALL FOR CONSULTANT SUPPORT IN RESEARCH ON ACCOUNTING FOR CRYPTO-ASSETS

  E​FRAG seeks consultancy support in research on the accounting for crypto-assets. Applications are welcome by 27 September 2019 at call.for.tender@efrag.org.​
  

• 11/09/2019 - REMINDER - CALL FOR CANDIDATES FOR EFRAG TEG MEMBERSHIP

  ​EFRAG seeks candidates for the 2020 rotation of its Technical Expert Group (EFRAG TEG). 

• 10/09/2019 - Change to the EFRAG TEG composition

  ​EFRAG announces a replacement in EFRAG TEG. Olivier Schérer has been appointment as new EFRAG TEG member effective from 16 September. ​​​
  

• 10/09/2019 - Save the date: Joint Investor Outreach Event Milan 22 October: two topics of interest!

  ​EFRAG, EFFAS, OIC and AIAF are very pleased to invite you to the 2019 joint investors and analysts outreach event on 22 October in Milan. The event will address two topics that are important to investors and financial analysts: the impact of climate change on reporting and the expected impacts of IFRS 17 on Insurers.​

  
  
  

• 09/09/2019 - EFRAG Board webcast meeting September 2019

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Tuesday 10 September 2019. To watch the webcast please register here.​​​​​​

• 04/09/2019 - Call for input from crypto-assets experts'

  EFRAG is seeking input from crypto-assets experts' on its research project with the objective of identifying and proposing solutions for accounting challenges that are not addressed within existing IFRS Standards.

• 02/09/2019 - EFRAG TEG webcast meeting September 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Friday 6 September 2019. To watch the webcast please register here.​​​​​​

• 30/08/2019 - Reminder – European Lab call for participation in dialogue on climate-related reporting

  The European Lab Project Task Force on Climate-related Reporting (PTF-CRR) invites users, preparers and other experts to participate in a dialogue and share their practical insights on good reporting practices for climate-related disclosures by companies, that will be included in a public consultation paper to be issued in Q4 2019.​
  

• 29/08/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Amendments to References to the Conceptual Framework in IFRS Standards and Amendments to IAS 1 and IAS 8: Definition of Material is now reflected in the EFRAG Endorsement Status Report.

• 27/08/2019 - Programme for European Lab agenda consultation outreach event on 10 September 2019

  ​The European Lab releases the programme for​ its agenda consultation outreach event. With an introduction from Alain Deckers, the round table discussions will be led by Arlene McCarthy, Elisabeth Gambert and Flavia Micilotta.
  

• 23/08/2019 - EFRAG Update August 2019

  The August 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​​

• 20/08/2019 - EFRAG final comment letter on the IASB's ED/2019/2 Annual Improvements to IFRS Standards 2018-2020 Cycle

  EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2019/2 Annual Improvements to IFRS Standards 2018-2020 Cycle

• 06/08/2019 - EFRAG TEG webcast meeting August 2019

  EFRAG announces that it will hold its EFRAG TEG webcast meeting on Tuesday 13 August 2019. To watch the webcast please register here.​​​​​​

• 31/07/2019 - ​EFRAG Update July 2019

  The July 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 27/07/2019 - Comment letter on Proposed amendments to the IFRS Foundation Due Process Handbook

  ​EFRAG has published its comment letter in response to the IFRS Foundation's Exposure Draft Proposed amendments to the IFRS Foundation Due Process Handbook.

• 23/07/2019 - Save the date- Future Agenda of European Lab 10 September 2019

  EFRAG invites you to a roundtable lunch time event on Tuesday 10 September to exchange views with European Lab Steering Group members on the future agenda of the European Lab.​

• 22/07/2019 - EFRAG TEG webcast meeting July 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Tuesday 23 July 2019. To watch the webcast please register here.​​​​​

• 19/07/2019 - EFRAG invites users of the financial statements of insurers to express their views by interview

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/4 Amendments to IFRS 17. EFRAG is inviting users to express their views on this draft comment letter in an interview. Expressions of interest in participating in this outreach are requested by Friday 16 August 2019.

• 19/07/2019 - Participation in European Lab Dialogue on Climate-related Reporting

  The European Lab PTF is planning to have a dialogue with users, preparers and other interested stakeholders to obtain practical insights on good practices to be reflected in a draft report on climate-related reporting to be issued in Q4 2019.

• 18/07/2019 - Contribute to the future agenda of the European Lab!

  The European Corporate Reporting Lab @EFRAG (European Lab) is launching a public consultation on its future project topics and their respective priority and importance for Europe. You are invited to provide your input by 30 September 2019.
  

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• 17/07/2019 - EFRAG in 100 seconds

  EFRAG releases a short video detailing its mission and activities.  You can watch it here.​ Please share it with your members and stakeholders.
  

• 15/07/2019 - EFRAG's draft comment letter on the IASB's ED/2019/4 Amendments to IFRS 17

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/4 Amendments to IFRS 17 and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 2 September 2019.

• 15/07/2019 - 15/07/2019 - CALL FOR EFRAG TEG MEMBERS

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG) for the 2020 rotation.
  

• 12/07/2019 - EFRAG's feedback statement on FICE Early-Stage Analysis EFRAG Secretariat Working Paper

  ​EFRAG has published a feedback statement on the FICE Early-Stage Analysis EFRAG Secretariat​ Working Paper.

• 10/07/2019 - Feedback statement on EFRAG Discussion Paper Non-exchange Transfers: A role for societal benefit?

  ​EFRAG has published a feedback statement on its Discussion Paper Non-exchange Transfers: A role for societal benefit?

• 05/07/2019 - EFRAG Board meeting July 2019

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 9 July 2019. To watch the live webcast please click here.​​

• 01/07/2019 - EFRAG TEG meeting July 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 3 and Thursday 4 July 2019. To watch the webcast please register here.​​​

• 28/06/2019 - EFRAG Update June 2019

  The June 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 28/06/2019 - EFRAG DRAFT COMMENT LETTER ON IASB ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3)

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3) and seeks constituents' views on the proposals. Comments are requested by 17 August 2019.
  

• 25/06/2019 - EFRAG TEG-CFSS meeting July 2019

  ​​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 3 July 2019. To watch the webcast please register here.​

• 25/06/2019 - EFRAG Board President and Vice-President reappointed by the EFRAG General Assembly

  ​Following the recommendation from the European Commission, the EFRAG General Assembly has reappointed Jean-Paul Gauzès and Andreas Barckow as Board President and Vice President respectively.​
  

• 20/06/2019 - EFRAG's final comment letter on the IASB's ED 2019/1 Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39)

  EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2019/1 Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39).

• 14/06/2019 - Draft comment letter on Proposed Amendments to the IFRS Foundation Due Process Handbook

  ​EFRAG has published its draft comment letter in response to the IFRS Foundation's Exposure Draft Proposed amendments to the IFRS Foundation Due Process Handbook and seeks constituents' views on the proposals. Responses to the draft comment letter are requested by 12 July 2019.

• 13/06/2019 - What are your views on the accounting for long-term equity instruments? Still on time to respond to our survey

  EFRAG kindly reminds its constituents to provide their views on whether alternative accounting treatments to those in IFRS 9 Financial Instruments are needed to portray the performance and risks of equity and equity-type instruments held in long-term investment business models.

  Please provide your comments by 5 July.

• 11/06/2019 - EFRAG Board webcast meeting June 2019

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 13 June 2019. To watch the webcast please register here.
  

• 11/06/2019 - EFRAG TEG webcast meeting June 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 12 June 2019. To watch the webcast please register here.​​​​​
  

• 05/06/2019 - EFRAG draft comment letter on the IASB exposure draft ED/2019/2 Annual Improvements to IFRS Standards 2018-2020

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/2 Annual Improvements to IFRS Standards 2018-2020 and seeks constituents' views on the proposals. Comments are requested by 5 August 2019.

• 03/06/2019 - EFRAG Update May 2019

  ​The May 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 29/05/2019 - EFRAG Board-TEG joint meeting June 2019

  ​EFRAG announces that it will hold its EFRAG Board-TEG joint meeting on Tuesday 4 June 2019. To watch the live webcast please click here.

• 28/05/2019 - EFRAG TEG webcast meeting May 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 29 May 2019. To watch the webcast please register here.​​​​​

• 24/05/2019 - 29/05/19 – EAA Symposium on better information on intangibles

  EFRAG, represented by Saskia Slomp (EFRAG CEO) and Filippo Poli (EFRAG Research Director) will sponsor a symposium on 29 May 2019, at the EAA annual congress in Paphos (CY). The discussions will focus on better information on intangibles. ​
  

• 20/05/2019 - EFRAG TEG meeting May 2019

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 22 and Thursday 23 May 2019. To watch the webcast please register here.​​

• 17/05/2019 - Summary video | Conference: Fostering Innovation in Corporate Reporting

  ​A summary video of the European Reporting Lab@EFRAG conference on Fostering Innovation in Corporate Reporting is now available.
  

  
  

• 15/05/2019 - Discussion Paper – Accounting for Pension Plans with an Asset-Return Promise

  This Discussion Paper​ explores alternative accounting treatments for post-retirement employee benefits, promising the higher of the return on an identified item or group of items and a minimum guaranteed return.
  Comments on the DP are requested by 15 November 2019.​

  
   

• 14/05/2019 - Fostering Innovation in Corporate Reporting - Summary Report

  ​A summary report​ of the European Repor​ting Lab@EFRAG conference on Fostering Innovation in Corporate Reporting is now available.
  

• 13/05/2019 - EFRAG's draft comment letter on the IASB's ED/2019/1 Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39)

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/1 Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 31 May 2019.

• 10/05/2019 - EFRAG Board webcast meeting May 2019

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Monday 13 May 2019. To watch the live webcast please click here.​​

• 07/05/2019 - EFRAG TEG webcast meeting May 2019

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Thursday 9 May 2019. To watch the webcast please register here.​​​​

• 06/05/2019 - New EFRAG consultation on Equity Instruments – Research on Measurement

  ​EFRAG is launching a public consultation to gather constituents' views on whether alternative accounting treatments to those in IFRS 9 Financial Instruments are needed to portray the performance and risks of equity and equity-type instruments held in long-term investment business models.

  Please provide your comments by 5 July.

• 03/05/2019 - EFRAG extends the comment period for its Discussion Paper Non-exchange Transfers: A role for societal benefit?

  EFRAG has extended the comment period for its Discussion paper  Non-exchange Transfers ('NETs'): A role for societal benefit?.

  The revised deadline for comments is Tuesday 14 May 2019, by close of business.

• 29/04/2019 - EFRAG Update April 2019

  ​The April 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below .

• 25/04/2019 - EFRAG Annual Review 2018

  EFRAG has published its Annual Review 2018​. Find out how EFRAG is working to deliver financial and sustainable reporting in Europe's interest. ​
  

• 25/04/2019 - EFRAG’s Comment Letter and Feedback Statement on IASB's Exposure Draft ED/2018/2 Onerous Contracts - Cost of Fulfilling a Contract (Proposed Amendments to IAS 37)

  ​EFRAG has published its comment letter and its feedback statement in response to the IASB's Exposure Draft ED/2018/2 Onerous Contracts - Cost of Fulfilling a Contract (Proposed Am​​endments to IAS 37). 
  

• 11/04/2019 - EFRAG TEG meeting April 2019

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 17 April 2019. To watch the webcast please register here.​​​

• 11/04/2019 - Joint EFRAG TEG-User Panel meeting April 2019

  EFRAG announces that it will hold its ​joint EFRAG TEG-User Panel meeting on Tuesday 16 April 2019. To watch the webcast please register here.

• 03/04/2019 - Video of first European Reporting Lab@EFRAG conference

  ​The full video of the first Euro​​pean Reporting Lab@EFRAG conference is now available to watch online​.

• 29/03/2019 - Reminder: FICE Early-Stage Analysis - Please provide input by 17 May 2019

  ​The EFRAG Secretariat reminds constituents to provide their views on the FICE Early-Stage Analysis Working Paper. The comment period is extended to close of business on Friday 17 May 2019.

• 29/03/2019 - EFRAG Board meeting April 2019

  EFRAG announces that it will hold its EFRAG Board meeting on Thursday 4 April 2019. To watch the live webcast please click here.​​

• 28/03/2019 - EFRAG Update March 2019

  The March 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​.
  

• 28/03/2019 - EFRAG's endorsement advice on Definition of a Business (Amendments to IFRS 3)

  ​EFRAG has completed its due process regarding Definition of a Business (Amendments to IFRS 3).
  

  
  

• 22/03/2019 - New EFRAG TEG Chairwoman and EFRAG CEO

  The EFRAG Board has appointed Chiara Del Prete as the new EFRAG TEG Chairwoman and Saskia Slomp as the new EFRAG CEO starting April 2019.

• 18/03/2019 - EFRAG Endorsement Status Report - Update

  The endorsement by the European Commission of Annual Improvements to IFRS Standards 2015-2017 Cycle is now reflected in the Endorsement Status Report.

• 15/03/2019 - EFRAG TEG meeting March 2019

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 20 and Thursday 21 March 2019. To watch the webcast please register here.​​

• 14/03/2019 - EFRAG TEG-CFSS meeting March 2019

  ​​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 20 March 2019. To watch the webcast please register here.

• 14/03/2019 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 19: Plan Amendment, Curtailment or Settlement is now reflected in the Endorsement Status Report. 

• 05/03/2019 - European Commission Vice-President Valdis Dombrovskis welcomes the European Reporting Lab@EFRAG's role in supporting the Action Plan on Sustainable Finance

  ​The European Reporting Lab@EFRAG announces plans for a public consultation on its future work agenda at a high-level conference in Brussels.
  

• 04/03/2019 - EFRAG Update February 2019

  ​The February 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 28/02/2019 - Issuance and call for comments on FICE Early-Stage Analysis Working Paper

  The EFRAG Secretariat issues a Working Paper: Early-stage Analysis - Potential Effects of the IASB Discussion Paper on Financial Instruments with Characteristics of Equity (FICE).​
  

• 25/02/2019 - EFRAG Board meeting February 2019

  EFRAG announces that it will hold its EFRAG Board meeting on Wedesday 27 February 2019. To watch the live webcast please click here.​

• 22/02/2019 - How should discounting be applied to pension obligations?

  ​EFRAG and ICAS seek views on discount rates as applied to pension accounting.

• 20/02/2019 - EFRAG's endorsement advice on Definition of Material (Amendments to IAS 1 and IAS 8)

  ​EFRAG has completed its due process regarding Definition of  Material (Amendments to IAS 1 and IAS 8).

• 20/02/2019 - EFRAG’s feedback statement and video on FICE

  ​EFRAG has published its feedback statement on the IASB's DP Financial Instruments with Characteristics of Equity and a video where Andrew Watchman, EFRAG TEG Chairman and CEO, explains how the comments received were considered by EFRAG during its technical discussions.

• 15/02/2019 - European Lab Project Task Force on Climate-related Reporting appointed

  ​The European Lab Steering Group has appointed the Project Task Force for its first project on climate-related reporting.​
  

• 15/02/2019 - European Commissioner Valdis Dombrovskis to provide keynote address at EFRAG Conference

  Final programme announced for Fostering Innovation in Corporate Reporting, the first conference of the newly-formed European Corporate Reporting Lab@EFRAG on 5  March  2019 in Brussels.
  

• 11/02/2019 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 28: Long-term Interests in Associates and Joint Ventures is now reflected in the Endorsement Status Report.

• 08/02/2019 - EFRAG TEG meeting February 2019

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 13 and Thursday 14 February 2019. To watch the webcast please register here.​

• 01/02/2019 - EFRAG Update January 2019

  The January 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 01/02/2019 - EFRAG Comment Letter on the IASB DP/2018/01 on the distinction between liabilities and equity

  ​EFRAG has published its comment letter in response to the IASB's Discussion Paper 2018/1 Financial Instruments with Characteristics of Equity (the 'DP') which welcomes the IASB's efforts to address the issues that arise from IAS 32 Financial Instruments: Presentation but suggests the IASB to focus at this stage on targeted improvements to IAS 32.

• 25/01/2019 - EFRAG Board meeting January 2019

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 29 January 2019. To watch the live webcast please click here.

• 25/01/2019 - EFRAG's Draft Comment Letter on the IASB ED/2018/2 Onerous Contracts - Cost of Fulfilling a Contract - Proposed amendments to IAS 37

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft 2018/2 Onerous Contracts - Cost of Fulfilling a Contract - Proposed amendments to IAS 37 (the ​'ED') and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 5 April 2019, by close of business.
  

• 17/01/2019 - Register now for European Reporting Lab@EFRAG conference

  Event on 5 March 2019 to focus on innovation in corporate reporting​. Vice-President of the European Commission, Valdis Dombrovskis to deliver the keynote speech. ​

• 16/01/2019 - Apply now to join the climate-related reporting task force

  ​The European Reporting Lab@EFRAG is looking for members for its new Project Task Force on Climate-related Reporting. The deadline for applications is 26 January 2019.
  

• 14/01/2019 - Extended application deadline for the academic literature review on intangible assets

  The new deadline is 31 January 2019.

• 14/01/2019 - EFRAG requests comments on its Draft Endorsement Advice on Definition of a Business (Amendments to IFRS 3)

  ​EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 4 March 2019.

• 14/01/2019 - EFRAG TEG meeting January 2019

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 16 and Thursday 17 January 2019. To watch the webcast please register here.​

• 09/01/2019 - EFRAG meeting Portuguese stakeholders on reporting developments on 5 February 2019 - Lisbon

  EFRAG and CNC Portugal invite you to a joint event addressing developments in financial reporting and wider corporate reporting on 5 February in Lisbon. The programme can be found here.

• 08/01/2019 - New EFRAG TEG composition announced

  ​The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome one new member, Isabelle Grauer-Gaynor as Silvia Dinova retires from EFRAG TEG. Five EFRAG TEG members are to be reappointed: Geert Ewalts, Günther Gebhardt, Heinz Hense, Andrew Spooner, and Ambrogio Virgilio. In due course an announcement will be made about the appointment of the EFRAG TEG Chairman.

• 08/01/2019 - Milan FICE joint outreach event - Summary report

  ​EFRAG and the OIC have published a summary report on the joint outreac​h event on 7 November 2018 on the IASB's DP 'Financial Instruments with Characteristics of Equity'.

• 02/01/2019 - EFRAG Update December 2018

  The December 2018 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 20/12/2018 - FICE joint outreach event, Amsterdam - Summary report

  ​EFRAG, DASB and Eumedion have published a summary report on the joint outreach event in Amsterdam on 20 November 2018 covering the IASB's DP on FICE.

• 20/12/2018 - Summary report on the joint outreach event on FICE - Brussels

  ​​EFRAG, in collaboration with EFFAS, ABAF-BVFA and the IASB have published a summary report on the joint outreach event in Brussels on 26 November 2018 on the IASB's Discussion Paper 'Financial Instruments with Characteristics of Equity'.

• 20/12/2018 - Summary report on the joint outreach event on FICE in Copenhagen

  ​EFRAG and FSR - Danish Auditors have published a summary report on the joint outreach event in Copenhagen on 23 November 2018 covering the IASB's DP on FICE.

• 19/12/2018 - European Reporting Lab@EFRAG seeks members

  ​Call for candidates launched for members of the​ new Project Task Force on Climate-related Reporting. EFRAG is also gathering expressions of interest from those wishing to participate in future European Reporting Lab@EFRAG events.
  

• 18/12/2018 - London FICE joint outreach event - Summary report

  ​EFRAG and the FRC have published a summary report on the joint outreach event in London on 4 December 2018 covering the IASB's DP on FICE.

• 14/12/2018 - EFRAG Board-TEG joint meeting 19 December 2018

  ​EFRAG announces that it will hold its EFRAG Board-TEG joint meeting on Wednesday 19 December 2018. To watch the live webcast please click here.

• 14/12/2018 - EFRAG TEG meeting 20 December 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Thursday 20 December 2018. To watch the webcast please click here.​​

• 13/12/2018 - Summary Report on the joint outreach event on FICE

  ​EFRAG and the ASCG has published a summary report on the joint outreach event in Frankfurt on 20 November 2018 covering the IASB's DP on FICE.

• 13/12/2018 - EFRAG Board meeting December 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 18 December 2018. To watch the live webcast please click here.

• 11/12/2018 - EFRAG requests comments on its Draft Endorsement Advice on Definition of Material (Amendments to IAS 1 and IAS 8)

  ​EFRAG is consulting on both its assessment of Definition of Material (Amendments to IAS 1 and IAS 8) ('the Amendments') against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 1 February 2019.

• 04/12/2018 - EFRAG calls for an academic literature review on reporting on intangible assets

  ​The academic literature review will form part of EFRAG's project on better information on intangible assets.

• 03/12/2018 - Fostering Innovation in Corporate Reporting - Save the date

  ​EFRAG is organising a high-level conference on Tuesday 5 March 2019 on corporate reporting and the role of the recently-established European Corporate Reporting Lab. Valdis Dombrovskis, Vice-President of the European Commission, will deliver the keynote speech. ​
  

  
   

• 30/11/2018 - EFRAG Update November 2018

  ​The November 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded here​
  

• 30/11/2018 - EFRAG publishes its technical advice to the European Commission

  EFRAG publishes its response to the request for technical advice from the European Commission on the accounting for equity instruments from a long-term investment perspective
  
  

• 28/11/2018 - Debt or Equity? How would you decide? Joint outreach event, London, 4 December 2018

  ​EFRAG and the FRC invite you to a panel discussion on 4 December on the IASB's DP 'Financial Instruments with Characteristics of Equity' in London.

• 27/11/2018 - EFRAG issues a Discussion Paper to explore accounting for non-exchange transfers

  EFRAG's Discussion Paper Non-exchange Transfers ('NETs'): A role for societal benefit? explores the accounting for transfers in which an entity received (or gives) value without directly giving (or receiving) approximately equal value in exchange. NETs include levies and Government grants. In its Discussion Paper (DP), EFRAG explores a comprehensive approach to report these transfers. The DP notes that NETs may be motivated by an objective of 'societal benefit' and considers how this notion could be used in accounting for them.
  Comments on the DP are requested by 30 April 2019.
  

• 23/11/2018 - EFRAG TEG meeting November 2018

  ​​EFRAG announces that it will hold its EFRAG TEG meeting on Thursday 29 November 2018. To watch the webcast please register ​ here.​​

• 22/11/2018 - Reminder: Debt or equity? Impact assessment surveys

  EFRAG has extended the deadline until 30 November 2018 for its user and preparer surveys seeking views on the likely impact of the proposals of the IASB Discussion Paper Financial Instruments with Characteristics of Equity on the distinction between debt and equity.
  

• 21/11/2018 - EFRAG TEG-CFSS meeting November 2018

  ​​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 28 November 2018. To watch the webcast please register here.

   

• 20/11/2018 - Debt or equity? Last call!

  ​The EFRAG, EFFAS, ABAF-BVFA and the IASB's joint event on FICE is just one week away! You can still register to hear and share relevant views on the IASB Discussion Paper (DP) on Financial Instruments with Characteristics of Equity. Join us on 26 November at 16:00 in Brussels.​​
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• 15/11/2018 - European Lab Steering Group appointed

  ​The EFRAG General Assembly has appointed the Steering Group for the new European Corporate Reporting Lab (the ‘European Lab@EFRAG’).
  

• 14/11/2018 - EFRAG Board webcast meeting November 2018

  ​EFRAG announces that it will hold its EFRAG Board webcast meeting on Thursday 22 November 2018. To watch the live webcast please register here.​

• 13/11/2018 - Debt or Equity? Programme - 26 November - Brussels

  ​EFRAG, in collaboration with EFFAS, ABAF-BVFA and the IASB, invites you to the joint outreach event on 26 November 2018 on the IASB's Discussion Paper (DP) 'Financial Instruments with Characteristics of Equity' (FICE). The pr​o​gr​amme is now available and the prominent ​​​​​panellists ​are ready to share their views.​​
  

• 05/11/2018 - Join our FICE event, Brussels, 26 November: Debt or equity? That is the question!

  EFRAG, in collaboration with EFFAS, ABAF-BVFA and the IASB, invites you to the joint user outreach event on 26 November 2018 on the IASB Discussion Paper on FICE. The speakers include Andrew Watchman, EFRAG TEG Chairman and Hans Buysse, EFRAG Board member, ABAF-BVFA Chairman and member EFFAS Executive Management Committee. The Panel of prominent users for the roundtable discussion will be announced soon.
  

• 02/11/2018 - EFRAG Endorsement Status Report - Update

  The publication of Definition of Material (Amendments to IAS 1 and IAS 8) is now reflected in the Endorsement Status Report.​​​

• 01/11/2018 - A clearer picture on FICE

  EFRAG has issued two bulletins to help constituents better understand the IASB’s Discussion Paper Financial Instruments with Characteristics of Equity and participate in the debate on it.

• 30/10/2018 - EFRAG Update October 2018

  ​​​The October 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 30/10/2018 - Launch of European Lab at EFRAG

  ​To celebrate the launch of the European Corporate Reporting Lab @ EFRAG, please join us for a networking cocktail on 27 November 2018. ​

• 29/10/2018 - Debt or Equity? Milan, 7 November: Speakers announced

  EFRAG, the OIC and the IASB present the programme for their joint outreach event in Milan on 7 November on the IASB's DP 'Financial Instruments with Characteristics of Equity'.
  Do not miss the opportunity to share your views and provide input to EFRAG's comment letter!

• 26/10/2018 - Letter to the ESAs on IFRS 17

  ​EFRAG has written to the European Supervisory Authorities (ESAs) on the process of endorsement of IFRS 17.​
  

• 25/10/2018 - Equity or debt? Joint outreach event in London - 4 December 2018

  ​EFRAG and the FRC invite you to a joint outreach event on 4 December on the IASB's DP 'Financial Instruments with Characteristics of Equity'.

• 24/10/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of IFRIC 23 Uncertainty over Income Tax Treatments is now reflected in the Endorsement Status Report.

• 24/10/2018 - Debt or Equity? - Impact assessment surveys

  ​EFRAG seeks feedback from preparers and users of financial statements to assess the impact of the IASB’s Discussion Paper Financial Instruments with Characteristics of Equity on distinction between debt and equity.
  EFRAG invites you to complete the appropriate survey by 26 November 2018. Your participation will help enrich the quality and representativeness of the overall findings.

• 15/10/2018 - Equity or debt? - joint outreach event in Amsterdam – 20 November 2018

  ​EFRAG in cooperation with DASB and Eumedion invite you to a joint outreach event on 20 November on the IASB's DP ’Financial Instruments with Characteristics of Equity'.

• 15/10/2018 - EFRAG Board meeting October 2018

  ​​EFRAG announces that it will hold its EFRAG Board meeting on Thursday 18 October 2018. To watch the live webcast please register here.

• 12/10/2018 - EFRAG's endorsement advice on Amendments to References to the Conceptual Framework in IFRS Standards

  ​EFRAG has completed its due process regarding Amendments to References to the Conceptual Framework in IFRS Standards.

• 12/10/2018 - Debt or Equity? Joint outreach event in Copenhagen - 23 November 2018

  EFRAG, FSR - Danish Auditors and Confederation of Danish Industry (DI) invite you to a joint outreach event on 23 November 2018 on the IASB's Discussion Paper 'Financial Instruments with Characteristics of Equity'.

• 11/10/2018 - Debt or Equity? Joint user outreach event on FICE in Brussels - 26 November 2018

  ​EFRAG, in collaboration with EFFAS, ABAF-BVFA and the IASB invite you to a joint user outreach event on 26 November 2018 on the IASB's Discussion Paper 'Financial Instruments with Characteristics of Equity'.

• 05/10/2018 - CALL FOR EFRAG TEG CHAIRMAN AND CEO – APPLICATIONS WELCOME TILL 2 NOVEMBER

  ​EFRAG has decided to extend the deadline for the call for candidates to fulfil the position of EFRAG TEG Chairman and CEO as of 1 April 2019.

• 04/10/2018 - Debt or Equity? Joint outreach event in Milan - 7 November 2018

  ​EFRAG and the OIC invite you to a joint outreac​h event on 7 November 2018 on the IASB's Discussion Paper 'Financial Instruments with Characteristics of Equity'.

• 01/10/2018 - Reminder - Call for candidates - European Lab Steering Group

  EFRAG is looking for candidates from a wide range of backgrounds for the Steering Group of the new European Corporate Reporting Lab (the European Lab). You can apply until 8 October.
  

• 28/09/2018 - EFRAG Update September 2018

  ​The September 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 26/09/2018 - FICE consultation update

  ​Get up to speed with EFRAG's draft comment letter on FICE in the latest EFRAG video.  

• 21/09/2018 - EFRAG TEG meeting September 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Thursday 27 September 2018. To watch the webcast please register ​ here.​​
  

• 21/09/2018 - EFRAG TEG-CFSS meeting September 2018

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 26 September 2018. To watch the webcast please register here.​

• 20/09/2018 - Webinar - Equity or Debt?

  Register now to be part of the EFRAG webinar on Financial Instruments with Characteristics of Equity (FICE). Do you have questions about how IFRS will distinguish between equity and liabilities in the future? Join us live @ 12h00 (CET) on 12 October 2018.​​
  

• 14/09/2018 - EFRAG Board meeting 20 September 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Thursday 20 September 2018. To watch the live webcast please register here.

• 13/09/2018 - Join the new European Corporate Reporting Lab at EFRAG

  ​Call for candidates published for members of the Europe​​​an Lab Steering Group ​
  

• 12/09/2018 - EFRAG Endorsement Status Report Update

  ​The ARC voted by written procedure on IAS 28 - Long-Term Interest in Associates and Joint Ventures.

• 04/09/2018 - Letter to IASB on IFRS 17

  ​​EFRAG has written to the IASB to highlight certain aspects of IFRS 17 that, in EFRAG's view, merit further consideration.
  

• 31/08/2018 - Financial Instruments with Characteristics of Equity - joint outreach event in Frankfurt - 20 November 2018

  ​EFRAG and the ASCG will host a joint outreach event on 20 November on the IASB's DP ''Financial Instruments with Characteristics of Equity'.
  

• 30/08/2018 - EFRAG TEG meeting 5 September 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 5 September 2018. To watch the webcast please register here.

• 30/08/2018 - EFRAG Update August 2018

  ​The August 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 29/08/2018 - EFRAG Board meeting 3 September 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Monday 3 September 2018. To watch the live webcast please register here.

• 29/08/2018 - Summary of Responses - Equity Instruments - Impairment and Recycling

  Due to a technical issue with the prior version of this news item, EFRAG is republishing the news item concerning summary of responses received from constituents on the Discussion Paper Equity Instruments - Impairment and Recycling.
  

• 28/08/2018 - EFRAG Draft Comment Letter on the IASB DP/2018/01 on the distinction between liabilities and equity

  ​EFRAG has published its draft comment letter in response to the IASB's Discussion Paper 2018/1 Financial Instruments with Characteristics of Equity (the 'DP') and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 3 December 2018, by close of business.

• 23/08/2018 - EFRAG’s comment letter and feedback statement on ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8)

  ​EFRAG has published its comment letter and its feedback statement in response to the IASB's ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8).

• 20/08/2018 - Feedback Statement - 2018 EFRAG Research Agenda Consultation

  ​EFRAG publishes the Feedback Statement on its 2018 Research Agenda consultation.

• 16/08/2018 - EFRAG Board meeting 21-22 August 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 21 and Wednesday 22 August 2018. To watch the live webcast on Wednesday 22 August please register here.​

• 15/08/2018 - EFRAG Endorsement Status Report Update

  ​The ARC votes by written procedure on  IFRIC 23 and Annual Improvements to IFRS Standards 2015-2017 are now reflected in the EFRAG Endorsement Status Report.

• 02/08/2018 - EFRAG TEG webcast meeting August 2018

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 8 August 2018. To watch the live webcast please register here.​

   

• 02/08/2018 - CALL FOR EFRAG TEG CHAIRMAN AND CEO

  ​EFRAG is calling for candidates to fulfil the position of EFRAG TEG Chairman and CEO as of 1 April 2019, since the mandate of Andrew Watchman cannot be renewed because of his UK nationality.

• 31/07/2018 - EFRAG Update July 2018

  ​The July 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 23/07/2018 - EFRAG TEG Meeting 25 July 2018

  ​​EFRAG announces a minor update on the agenda and a revised paper 05-02.

• 20/07/2018 - EFRAG TEG meeting 25 July 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 25 July 2018. To watch the webcast please register here.​​​

• 18/07/2018 - EFRAG privacy policy update

  ​EFRAG has updated its privacy policy.  ​
  

• 13/07/2018 - Call for EFRAG TEG members

  ​EFRAG invites applications for membership of its Technical Expert Group (EFRAG TEG). EFRAG is seeking candidates with user, preparer and academic backgrounds.
  

• 12/07/2018 - Bilateral meeting between EFRAG and ASBJ

  ​Representatives of EFRAG and the Accounting Standards Board of Japan (ASBJ) met on 11 July 2018, in Brussels, Belgium. Both provided updates on their respective activities and exchanged views on the opportunities for cooperation.​​
  

• 06/07/2018 - EFRAG requests comments on its draft endorsement advice on Amendments to References to the Conceptual Framework in IFRS Standards

  ​EFRAG is consulting on its assessment of Amendments to References to the Conceptual Framework in IFRS Standards. Comments are requested by 14 September 2018.

• 02/07/2018 - EFRAG Board meeting in Berlin 3 July 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 3 July 2018. To listen to the live audio webcast please register here.

• 02/07/2018 - EFRAG TEG meeting 5 July 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Thursday 5 July 2018. To watch the webcast please register here.​​

• 28/06/2018 - EFRAG TEG-CFSS meeting 4 July 2018

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Wednesday 4 July 2018. To watch the webcast please register here.​

• 27/06/2018 - EFRAG Update June 2018

  ​The June 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 11/06/2018 - EFRAG TEG meeting 13-14 June 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 13 and Thursday 14 June 2018. To watch the webcast please register here.​

• 05/06/2018 - EFRAG Update May 2018

  The May 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 28/05/2018 - EFRAG’s endorsement advice on amendments to IAS 19

  ​EFRAG has completed its due process regarding Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) and has submitted its Endorseme​​nt Advice Letter to the European Commission.
  

• 28/05/2018 - EFRAG Board meeting 30 May 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Wednesday 30 May 2018. To watch the webcast please register here.​

• 25/05/2018 - Symposium on different business models and consistent reporting

  ​EFRAG and the OIC sponsor high-level panel discussion at the 41^st EAA congress in Milan.

• 23/05/2018 - Reminder: Impact of IFRS 17 - Please provide input by 31 May 2018

  ​EFRAG encourages constituents to provide their views on the impact of IFRS 17 as a key input into its endorsement advice to the European Commission. Responses are requested by close of business on Thursday 31 May 2018.

• 17/05/2018 - Have your say on equity instruments - impairment and recycling

  ​​​You have until 25 May 2018 to comment on EFRAG's Discussion Paper on recycling and impairment of equity instruments designated at fair value through other comprehensive income. Constituents' view will help ​develop EFRAG's technical advice to the European Commission.
  

• 09/05/2018 - EFRAG TEG webcast meeting 16 May 2018

  ​EFRAG announces that it will hold its EFRAG TEG webcast meeting on Wednesday 16 May 2018. To watch the webcast please register here.​​

• 04/05/2018 - Your input wanted on the impact of IFRS 17

  ​EFRAG encourages constituents to provide their views on the impact of IFRS 17. Responses are requested by close of business on Thursday 31 May 2018.

• 26/04/2018 - Long-term investment and equity instruments consultation

  ​New video presentation with Research Director Filippo Poli on why EFRAG wants your views on recycling and impairment of equity instruments by 25 May 2018.
  

• 25/04/2018 - EFRAG Update April 2018

  The April 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 24/04/2018 - EFRAG's endorsement advice on IAS 28 Amendments

  ​EFRAG has completed its due process regarding Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) and has submitted its Endorsement Advice Letter to the European Commission.

• 24/04/2018 - EFRAG's draft comment letter on the IASB's ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8)

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8) (the 'ED') and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 13 July 2018, by close of business.

• 18/04/2018 - EFRAG Board meeting 23 April 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Monday 23 April 2018. To watch the webcast please register here.

• 11/04/2018 - EFRAG invites users of the financial statements of insurers to express their views

  IFRS 17 Insurance Contracts is intended to improve the information that is available to users of financial statements of insurance companies and financial conglomerates. EFRAG is inviting users to express their views on this change to IFRS financial reporting. Expressions of interest in participating in this outreach are requested by close of business on Friday 11 May 2018.

• 05/04/2018 - 2018 EFRAG Research agenda consultation

  ​EFRAG is seeking public input on the strategic direction of its Research activities. Constituents' contributions will help to reflect on the future direction of Research on financial reporting.​ Responses should be submitted by 1 June 2018 also by using the online survey here. 
  

• 05/04/2018 - EFRAG has a new main telephone number

  EFRAG's main telephone number has been changed and you can now reach us at +32 (0)2 207 93 00.
  

• 03/04/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of IFRIC 22 Foreign Currency Transactions and Advance Consideration is now reflected in the Endorsement Status Report. 

• 29/03/2018 - EFRAG TEG meeting 6 April 2018

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Friday 6 April 2018. To watch the webcast please register here.​​

• 29/03/2018 - EFRAG Endorsement Status Report - Update

  The Endorsement Status Report now reflects the publication of Amendments to References to the Conceptual Framework in IFRS Standards by the IASB on 29 March 2018.

• 28/03/2018 - Independent academic literature review on IFRS 9 and long-term investment

  ​In the context of its investigation on the potential effect of IFRS 9 Financial Instruments ​on long-term investments, EFRAG commissioned a literature review to an independent international academic team. The literature review is part of the evidence that will be considered and complements EFRAG's Discussion Paper.

• 28/03/2018 - EFRAG TEG-CFSS meeting 5 April 2018

  ​EFRAG announces that it will hold its EFRAG TEG-CFSS meeting on Thursday 5 April 2018. To watch the webcast please register here.​

• 28/03/2018 - EFRAG Update March 2018

  The March 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​

• 26/03/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Prepayment Features with Negative Compensation (Amendments to IFRS 9) is now reflected in the Endorsement Status Report.

• 22/03/2018 - Two new IFRS 17 briefing papers

  ​EFRAG issues two background briefing papers on the Release of the Contractual Service Margin and the Transition Requirements of IFRS 17 Insurance Contracts.

• 21/03/2018 - Annual Review 2017

  ​EFRAG has published its Annual Review 2017. Find out how EFRAG is working to deliver financial reporting in Europe's interest. 

• 21/03/2018 - EFRAG Endorsement Advice on Annual Improvements to IFRS Standards 2015-2017 Cycle

  ​​EFRAG has completed its due process regarding Annual Improvements to IFRS Standards 2015-2017 Cycle and has submitted its Endorsement Advice Letter to the European Commission.
  

• 21/03/2018 - EFRAG requests comments on its draft endorsement advice on Plan Amendment, Curtailment or Settlement (Amendments to IAS 19)

  ​EFRAG is consulting on its assessment of Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) both against the technical criteria in the EU and whether those amendments are conducive to the European public good. Comments are requested by 21 April 2018.

• 15/03/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Transfers of Investment Property (Amendments to IAS 40) is now reflected in the Endorsement Status Report.

• 14/03/2018 - EFRAG Board meeting 20 March 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 20 March 2018. To watch the webcast please register here.

• 14/03/2018 - Feedback statement on EFRAG's goodwill impairment paper

  ​In June 2017 EFRAG issued the Discussion Paper Goodwill impairment test: can it be improved? which included suggestions to improve the goodwill impairment test. EFRAG is now issuing a feedback statement which summarises the response received from constituents. The feedback will be used by EFRAG in developing its response to any future IASB proposals arising from its Goodwill and Impairment research project.

• 06/03/2018 - Perception audit of EFRAG published

  ​EFRAG commissioned an independent perception audit in the fourth quarter of 2017 to gauge awareness of its work in the financial reporting community and provide a snapshot of the organisation's progress in delivering on its European public interest mission.  ​​​
  

• 05/03/2018 - EFRAG is going live!

  ​​EFRAG is excited to announce that it will start broadcasting its public meetings from March 2018 onwards. To register to our first live EFRAG TEG meeting, please click here.

• 01/03/2018 - New EFRAG Discussion Paper on Equity Instruments - Impairment and Recycling

  ​​EFRAG is publishing a Discussion Paper to gather constituents' views on recycling and impairment of equity instruments designated at fair value through other comprehensive income to develop its technical advice to the European Commission. Please provide your comments by 25 May 2018.

• 28/02/2018 - EFRAG Update February 2018

  ​The February 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 28/02/2018 - EFRAG TEG meeting 7-8 March 2018

  ​​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 7 and Thursday 8 March 2018. To watch the webcast please register here.

• 27/02/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) is now reflected in the Endorsement Status Report.

• 23/02/2018 - EFRAG issues IFRS 17 background briefing paper on level of aggregation

  ​EFRAG issues a background briefing paper on the level of aggregation requirements of IFRS 17 Insurance Contracts. Constituents that wish to comment can do so before 30 April 2018.

• 08/02/2018 - EFRAG Endorsement Status Report - Update 8 February 2018

  ​The endorsement by the European Commission of Annual Improvements to IFRS Standards 2014-2016 Cycle is now reflected in the EFRAG Endorsement Status Report.

• 07/02/2018 - EFRAG issues IFRS 17 simplified case study

  ​European insurers that apply IFRS Standards are invited to complete a simplified case study on the expected impact of IFRS 17 Insurance Contracts. Responses are requested by close of business on Thursday 31 May 2018.

• 07/02/2018 - EFRAG Endorsement Status Report - Update 7 February 2018

  ​The Endorsement Status Report now reflects the publication of ​Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) by the IASB on 7 February 2018 and other timing changes.

• 02/02/2018 - EFRAG Board meeting February 2018

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 6 February 2018.

• 26/01/2018 - EFRAG conference - Accounting meets valuation

  ​The summary report and video of the EFRAG conference on 5 December 2017 is now available.
  

• 26/01/2018 - EFRAG Open Call for Tenders related to IFRS 17 Insurance Contracts

  ​EFRAG has issued today an open call for tenders to assist EFRAG in its impact analysis of IFRS 17 Insurance Contracts. EFRAG is specifically looking for economic and behavioural expertise as input to EFRAG's endorsement advice on IFRS 17.

• 26/01/2018 - EFRAG Update January 2018

  ​The January 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 26/01/2018 - EFRAG requests comments on its draft endorsement advice on Annual Improvements to IFRS Standards 2015–2017 Cycle

  ​​EFRAG is consulting on both its assessment of Annual Improvements to IFRS Standards 2015–2017 Cycle against the techincal criteria in the EU and on its assessment of whether those amendments are conducive to the European public good. Comments are requested by 26 February 2018.
  

• 23/01/2018 - EFRAG's Comment Letter and Feedback Statement on the IASB's Exposure Draft ED/2017/6 Definition of Material - Proposed amendments to IAS 1 and IAS 8

  ​EFRAG has issued its Comment Letter and Feedback Statement on the IASB's Exposure Draft ED/2017/6 Definition of Material - Proposed amendments to IAS 1 and IAS 8 (the 'ED').

• 17/01/2018 - EFRAG's report to the European Commission on the assessment of the impact of IFRS 9 on long-term investments in equity instruments

  EFRAG issued a letter to the European Commission to report on the findings of the first phase (the assessment phase) of its investigation into the significance of investments in equity instruments and the possible effects on long-term investments of the new requirements in IFRS 9 Financial Instruments.
  

• 12/01/2018 - EFRAG TEG meeting 17-18 January 2018

  ​​EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 17 and Thursday 18 January 2018

• 08/01/2018 - EFRAG's Comment Letter and Feedback Statement on the IASB's Exposure Draft ED/2017/5 Accounting Policies and Accounting Estimates (Proposed amendments to IAS 8)

  ​EFRAG has issued its Comment Letter and Feedback Statement on the IASB's Exposure Draft ED/2017/5 Accounting Policies and Accounting Estimates (Proposed amendments to IAS 8).

• 20/12/2017 - EFRAG Update December 2017

  ​The December 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 19/12/2017 - Happy Holidays!

  ​​On behalf of everyone at EFRAG, we wish you a happy holiday season. 
  

• 15/12/2017 - EFRAG Endorsement Status Report - Update 15 December 2017

  ​The Endorsement Status Report now reflects:

  • the publication of EFRAG's draft endorsement advice letter and invitation to comment on Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) on 15 December 2017; and
  • the publication of Annual Improvements to IFRS Standards 2015-2017 Cycle by the IASB on 12 December 2017.

• 15/12/2017 - EFRAG requests comments on its draft endorsement advice on Amendments to IAS 28

  ​EFRAG is consulting on both its assessment of the Amendments against the techincal criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 16 February 2018.

• 13/12/2017 - EFRAG TEG meeting 18-19 December 2017

  ​EFRAG announces that it will hold its EFRAG TEG meeting on Monday 18 and Tuesday 19 December 2017​

• 12/12/2017 - REMINDER: Please provide input to EFRAG's consultation on goodwill impairment testing

  ​The IASB expects to publish its proposals on the impairment test for goodwill in 2018. EFRAG’s Discussion Paper Goodwill impairment test: can it be improved? illustrates a number of suggestions to enhance the application and effectiveness and to reduce the complexity of the goodwill impairment test. EFRAG asks European constituents' views on these suggestions by 31 December 2017.

• 11/12/2017 - New EFRAG TEG composition announced

  ​The new EFRAG Technical Expert Group (TEG) composition, effective 1 April 2018, has been approved by the EFRAG Board. EFRAG TEG welcomes two new members, Emmanuelle Guyomard and Jed Wrigley, as Nicolas de Paillerets and Serge Pattyn retire as EFRAG TEG members​. Nicklas Grip is reappointed as EFRAG TEG Vice-Chairman and five other members are also reappointed: Ana Cortez, Guenther Gebhardt, Heinz Hense, Soren Kok Olsen and Andrew Spooner.​
  

• 11/12/2017 - EFRAG Board meeting December 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on 14 December 2017

• 08/12/2017 - Philippe Maystadt

  ​It is with great sadness that EFRAG acknowledges the passing away of Philippe Maystadt on 7 December.

• 05/12/2017 - Accounting meets valuation

  EFRAG event gathers leading preparers, valuation experts, users, regulators and academics to discuss the merits, limitations and challenges of fair value in financial reporting.​

• 28/11/2017 - Registration closing for EFRAG's fair value event

  ​Last call for the EFRAG event taking place in Brussels on 5 December 2017 and featuring a keynote speech from Sir David Tweedie.

• 27/11/2017 - EFRAG Update November 2017

  ​The November 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 15/11/2017 - Programme for EFRAG's fair value event now available

  ​The event where Accounting meets Valuation takes place in Brussels on 5 December 2017 and features a keynote speech from Sir David Tweedie.

• 15/11/2017 - EFRAG TEG-CFSS & EFRAG TEG meetings 22-23 November 2017

  ​EFRAG announces that it will hold its EFRAG TEG and EFRAG CFSS meeting on Wednesday 22 and EFRAG TEG meeting Thursday 23 November 2017

• 15/11/2017 - EFRAG's feedback statement on the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure

  ​EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 10/11/2017 - EFRAG's comment letter on the IASB's ED/2017/4 Property, Plant and Equipment - Proceeds before Intended Use (Proposed amendments to IAS 16)

  ​​​EFRAG has published its comment letter in response to the IASB's Exposure Draft ED/2017/4 Property, Plant and Equipment - Proceeds before Intended Use (Proposed amendments to IAS 16).

• 10/11/2017 - EFRAG’s Endorsement Advice on Prepayment Features with Negative Compensation (Amendments to IFRS 9)

  ​EFRAG has completed its due process regarding Prepayment Features with Negative Compensation (Amendments to IFRS 9) and has submitted its Endorsement Advice Letter to the European Commission.

• 09/11/2017 - EFRAG Endorsement Status Report - Update 9 November 2017

  ​The European Commission has endorsed the following IFRS Standards and amendments:

  • IFRS 16 Leases
  • Clarifications to IFRS 15 Revenue from Contracts with Customers
  • Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4)
  • Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)
  • Disclosure Initiative (Amendments to IAS 7)

• 06/11/2017 - EFRAG's endorsement advice on IFRIC 23 Uncertainty over Income Tax Treatments

  ​EFRAG has completed its due process regarding IFRIC 23 Uncertainty over Income Tax Treatments and has submitted its Endorsement Advice Letter to the European Commission.

• 02/11/2017 - EFRAG Board meeting November 2017

  EFRAG announces that it will hold its EFRAG Board meeting on 9 November 2017​

• 01/11/2017 - EFRAG TEG conference call November 2017

  EFRAG announces that it will hold an EFRAG TEG conference call on Wednesday 8 November 2017 from 08:30 to 10:30 h. ​CET

• 30/10/2017 - EFRAG Update October 2017

  ​The October 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 27/10/2017 - Summary report on the joint EFRAG-OIC Stakeholder Conference on 9 October 2017

  ​EFRAG has published a summary report on the joint stakeholder conference organised together with the Organismo Italiano di Contabilità (OIC) on Impact Analysis and Better Communication in Financial Reporting.

• 26/10/2017 - New EFRAG Board appointed

  ​The composition of the new EFRAG Board has been unanimously agreed by the EFRAG General Assembly.
  

• 26/10/2017 - EFRAG welcomes ICAC as its latest member organisation

  Further to the EFRAG General Assembly ICAC, the Spanish standard setter, has joined EFRAG.
  
  

• 20/10/2017 - Time to register for EFRAG’s fair value event

  ​Renowned speakers confirmed including valuation expert Professor Mauro Bini to join Sir David Tweedie at EFRAG conference on fair value.

• 19/10/2017 - Summary report on the joint user event on Better Communication, Goodwill and Insurance Contracts

  ​EFRAG has published a summary report on the joint user event together with the European Federation of Financial Analysts Societies (EFFAS), the International Accounting Standards Board (IASB), the Associazione Italiana degli Analisti e Consulenti Finanziari (AIAF) and the Organismo Italiano di Contabilità (OIC) in Milan on 18 September 2017 covering the IASB's Discussion Paper Disclosure Initiative - Principles of Disclosure, EFRAG's Discussion Paper Goodwill and Impairment Test: Can it be improved? and IFRS 17 Insurance Contracts.

• 18/10/2017 - EFRAG requests comments on its draft endorsement advice on Prepayment Features with Negative Compensation (Amendments to IFRS 9)

  ​​EFRAG is consulting on both its assessment of Prepayment Features with Negative Compensation (Amendments to IFRS 9) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.

• 18/10/2017 - EFRAG TEG meeting 25-26 October 2017

  EFRAG announces that it will hold its TEG meeting on Wednesday 25 and Thursday 26 October 2017​

• 12/10/2017 - EFRAG Endorsement Status Report 12 October 2017

  ​The publication of Prepayment Features with Negative Compensation (Amendments to IFRS 9) and Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) on 12 October 2017 are now reflected in the Endorsement Status Report. 

• 12/10/2017 - EFRAG's comment letter on the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure

  EFRAG has published its comment letter in response to the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 09/10/2017 - Joint EFRAG/OIC event puts spotlight on Impact Analysis and Better Communication

  EFRAG Board participates in event gathering Italian stakeholders' views on financial reporting​

• 06/10/2017 - Summary report on the 2017 EFRAG academic workshop

  ​EFRAG has published a summary report on the academic workshop it hosted on 5 September 2017.

• 05/10/2017 - EFRAG TEG conference call October 2017

  EFRAG  announces that it will hold an EFRAG TEG conference call on Tuesday 17 October 2017 from 08:30 to 09:30 h. CET

• 05/10/2017 - EFRAG's feedback statement on the IASB's ED/2017/2 Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34)

  ​​EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34).

• 03/10/2017 - EFRAG Board meeting 10 October 2017

  EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 10 October 2017.

• 03/10/2017 - Programme for the EFRAG-OIC Stakeholder Conference on 9 October 2017

  ​The full programme for the EFRAG-OIC stakeholder event in Rome on Impact-Analysis and Better Communication in Financial Reporting is now available

• 02/10/2017 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2017/6 Definition of Material - Proposed amendments to IAS 1 and IAS 8

  ​EFRAG has published its draft comment letter in response to the ​​ED/2017/6 Definition of Material and seeks constituents' views on the proposal. Comments on the draft comment letter and inputs in it are requested by 5 January 2018. 

• 02/10/2017 - Summary report on the joint outreach event on Better Communication on 6 September 2017 in Paris (France)

  ​EFRAG has published a summary report on the joint outreach event on 'Better Communication' organised  together together with the Autorité des Normes Comptables (the ANC) and the IASB, organised  a joint outreach event in Paris on 6 September 2017.

• 29/09/2017 - EFRAG's draft comment letter on the IASB's ED/2017/5 Accounting Policies and Accounting Estimates (Proposed amendments to IAS 8)

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2017/5 Accounting Policies and Accounting Estimates (Proposed amendments to IAS 8) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 7 December 2017.
  
  

• 28/09/2017 - What is your opinion of fair value?

  EFRAG is organising a conference on the use of fair value in financial reporting on 5 December 2017.

• 28/09/2017 - EFRAG Update survey

   Are you an EFRAG Update reader? Please help us improve our newsletter by completing this super short survey right now.

• 25/09/2017 - EFRAG Update September 2017

  The September 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​​below.

• 22/09/2017 - Summary report on the joint outreach event in Warsaw on Principles of Disclosures

  ​EFRAG has published a summary report on the joint outreach event together with the Polish Accounting Standards Committee (PASC), Accountants' Association in Poland, and National Chamber of Statutory Auditors in Warsaw on 12 September 2017 covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 20/09/2017 - Summary report on the joint outreach event in Vilnius on Principles of Disclosures

  EFRAG has published a summary report on the joint outreach event with the Lithuanian Ministry of Finance and the Lithuanian Authority of Audit, Accounting, Property Valuation and Insolvency Management  in Vilnius on 5 September 2017 covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.
  
  

• 19/09/2017 - REMINDER: Please provide input to EFRAG's consultation on equity holdings by 30 September

  Following a request for technical advice from the European Commission, EFRAG is collecting evidence from European Constituents on information about the significance of their existing investments in equity instruments and the possible effects of IFRS 9 Financial Instruments on their equity portfolios. Participants are kindly required to complete this survey by 30 September 2017.

• 15/09/2017 - EFRAG TEG-CFSS & EFRAG TEG meetings 20-21 September 2017

  EFRAG announces that it will hold its EFRAG TEG and EFRAG CFSS meeting on Wednesday 20 and EFRAG TEG meeting Thursday 21 September 2017

• 08/09/2017 - EXTENSION OF DEADLINE FOR EFRAG CALL FOR AN ACADEMIC LITERATURE REVIEW ON THE INTERACTION OF IFRS 9 AND LONG-TERM INVESTMENT DECISIONS

  The academic literature review will form part of the evidence that EFRAG will consider in its Research on the impairment of equity investments and the relation between an effective impairment model and the recycling of gains or losses on disposal of equity investments designated at fair value through Other Comprehensive Income.

• 07/09/2017 - EFRAG Board meeting September 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on 14 September 2017

• 31/08/2017 - Introducing EFRAG

  ​A new brochure providing a brief overview of EFRAG's work and highlighting the three core activities of the organisation.
  

• 22/08/2017 - EFRAG CALLS FOR AN ACADEMIC LITERATURE REVIEW ON THE INTERACTION OF IFRS 9 AND LONG-TERM INVESTMENT DECISIONS

  ​The academic literature review will form part of the evidence that EFRAG will consider in its Research on the impairment of equity investments and the relation between an effective impairment model and the recycling of gains or losses on disposal of equity investments designated at fair value through Other Comprehensive Income.

• 16/08/2017 - REMINDER: EFRAG Call for Evidence – Experiences with IFRS 13

  ​EFRAG is requesting evidence from European Constituents on their experiences with IFRS 13 Fair Value Measurement.

  Do not miss the opportunity to share your views and provide input!

• 04/08/2017 - EFRAG/EFFAS/IASB/AIAF/OIC joint user event on Better Communication, Goodwill and Insurance Contracts – 18 September 2017

  EFRAG, EFFAS, IASB, AIAF and OIC organise a joint user event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure, the EFRAG Discussion Paper Goodwill Impairment Test: Can it be improved? and IFRS 17 Insurance Contracts on 18 September 2017 (from 11.00 to 18.00 hrs. CET) in Milan, Italy.

  Do not miss the opportunity to share your views and provide input!

• 03/08/2017 - EFRAG’s final comment letter on the IASB’s Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments – Proposed amendments to IFRS 8 and IAS 34

  ​​​EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments – Proposed amendments to IFRS 8 and IAS 34.

• 02/08/2017 - EFRAG requests comments on its draft endorsement advice on IFRIC 23 Uncertainty over Income Tax Treatments

  ​EFRAG is consulting on its assessment of IFRIC Interpretation 23 Uncertainty over Income Tax Treatments against the endorsement criteria in the IAS Regulation, including the technical criteria and whether IFRIC 23 is conducive to the European public good.​​​ Comments are requested by Monday 9 October 2017, CoB.

• 31/07/2017 - Better Communication - Seeing the wood for the trees: role of disclosures? Warsaw - 12 September

  EFRAG, the Polish Accounting Standards Committee together with the Accountants' Association in Poland and the Polish Chamber of Statutory Auditors present the programme of the joint outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure on 12 September 2017 in Warsaw, Poland (10:00 to 12:30, local time).

  Do not miss the opportunity to share your views and provide input to EFRAG's draft comment letter!

• 28/07/2017 - EFRAG Update July 2017

  The July 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.​

• 24/07/2017 - Stakeholder event on Impact-analysis and Better Communication in Financial Reporting

  EFRAG and the Organismo Italiano di Contabilità (OIC) invite you to participate in a joint stakeholders event on Impact-analysis and Better Communication in Financial Reporting on Monday 9 October 2017 (from 14:00 to 18:00 hrs. CET) at the Ambasciatori Palace Hotel in Rome, Italy.

• 20/07/2017 - Programme for the academic workshop on measurement

  ​EFRAG presents the programme for the academic workshop Measurement in Financial Reporting – Challenges and Objectives.

• 19/07/2017 - Summary report on the joint user outreach event on 3 July 2017 in Brussels on Principles of Disclosures: Better Communication – What do analysts and investors need?

  ​EFRAG has published a summary report on the joint user outreach event with EFFAS, BVFA/ABAF and the IASB® held on Monday 3 July 2017 in Brussels covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 19/07/2017 - EFRAG TEG meeting 26-27 July 2017

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 26 and Thursday 27 July 2017​

• 19/07/2017 - EFRAG is recruiting an academic fellow with financial reporting expertise

  ​EFRAG is seeking an academic fellow with experience in financial reporting and IFRS to work with EFRAG during a sabbatical leave period of between 6 months and two years.

• 17/07/2017 - Summary report on the joint outreach event in London on Principles of Disclosures

  ​EFRAG has published a summary report on the joint outreach event with the FRC in London on 4 July 2017 covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 13/07/2017 - EFRAG Board meeting July 2017

  EFRAG announces that it will hold its EFRAG Board meeting on 20 July 2017​

• 10/07/2017 - Summary Report on EFRAG/NASB Joint Outreach event in Oslo on Better Communication: Seeing the wood for the trees: role of disclosures?

  ​EFRAG has published a summary report on the joint outreach event in Oslo on 15 June 2017 covering the IASB's Discussion Paper Disclosure Initiative - Principles of Disclosure.

• 10/07/2017 - CALL FOR EFRAG TEG APPLICANTS

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). Eight of the sixteen members of EFRAG TEG will reach the end of their current term of appointment on 31 March 2018. Six of these eight members are eligible for reappointment and two will reach the end of their maximum term and cannot be reappointed.

• 07/07/2017 - Summary Report on the EFRAG/EFFAS/NFF/NASB joint investor outreach event in Oslo on Better Communication: Disclosures, what do analysts and investors need?

  ​EFRAG has published a summary report on the joint investor outreach event in Oslo on 15 June 2017 covering the IASB's Discussion Paper Disclosure Initiative - Principles of Disclosure.

• 07/07/2017 - EFRAG/EFFAS/IASB/AIAF/OIC joint user event on Better Communication, Goodwill and Insurance Contracts – 18 September 2017

  EFRAG, EFFAS, IASB, AIAF and OIC organise a joint user event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure,  the EFRAG Discussion Paper Goodwill Impairment Test: Can it be improved? and IFRS 17 Insurance Contracts on 18 September 2017 in Milan, Italy.

• 06/07/2017 - EFRAG Endorsement Status Report 6 July 2017

  ​The ARC vote by written procedure on Amendments to IAS 7, Amendments to IAS 12 and Clarifications to IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

   

• 05/07/2017 - EFRAG's draft comment letter on the IASB's ED/2017/4 Property, Plant and Equipment - Proceeds before Intended Use (Proposed amendments to IAS 16)

  ​​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2017/4 Property, Plant and Equipment - Proceeds before Intended Use (Proposed amendments to IAS 16) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 13 October 2017.

• 04/07/2017 - Summary report on the joint outreach event in Copenhagen on Principles of Disclosure

  ​EFRAG has published a summary report on the joint outreach event in Copenhagen on 14 June 2017 covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure.

• 04/07/2017 - EFRAG requests evidence on equity investments held by European constituents and possible effects of IFRS 9

  ​Following a request for technical advice from the European Commission, EFRAG is collecting evidence from European Constituents on information about the significance of their existing investments in equity instruments and the possible effects of IFRS 9 Financial Instruments on their equity portfolios. Participants are kindly required to complete this survey by 30 September 2017.
  

• 03/07/2017 - EFRAG Call for Evidence – Experiences with IFRS 13 Fair Value

  ​EFRAG is requesting evidence from European Constituents on their experiences with IFRS 13 Fair Value Measurement.

• 30/06/2017 - EFRAG Update June 2017

  The June 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.

• 29/06/2017 - New EFRAG discussion paper tackles goodwill impairment testing

  EFRAG’s Discussion Paper Goodwill impairment test: can it be improved? is the latest in a series of EFRAG research publications on goodwill accounting - a complex and controversial topic. This publication illustrates a number of potential amendments to the goodwill impairment test with the view to enhancing its application and effectiveness and reducing complexity.
  

• 29/06/2017 - Better Communication - Seeing the wood for the trees: role of disclosures?

  ​EFRAG and the UK Financial Reporting Council (UK FRC) present the programme of the joint outreach event on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure on Tuesday 4 July in London ((2: 30pm-5pm).

  Do not miss the opportunity to share your views and provide input to EFRAG's final comment letter and UK FRC's process!

• 29/06/2017 - EFRAG Endorsement Status Report 29 June 2017

  ​The ARC vote on IFRS 16 Leases and Amendments to IFRS 4 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts is now reflected in the EFRAG Endorsement Status Report.

• 27/06/2017 - Better Communication: Seeing the wood for the trees: role of disclosures?

  ​​The European Financial Reporting Advisory Group (EFRAG), the Polish Accounting Standards Committee together with the Accountants' Association in Poland and the Polish Chamber of Statutory Auditors invite you to participate in a joint outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure on 12 September 2017 in Warsaw, Poland (10:00 to 12:30, local time).

   

• 26/06/2017 - Event reminder - Better Communication: Disclosures that matter

  ​EFRAG, EFFAS, BVFA/ABAF and the IASB® invite you to participate in a joint user event on the IASB's current initiatives to improve communication in financial statements.

  Don't miss the opportunity to share your views on better communication and make a difference in defining disclosures that matter!

• 26/06/2017 - Better Communication - Seeing the wood for the trees: role of disclosures?

  ​EFRAG, the Lithuanian Ministry of Finance and the Lithuanian Authority of Audit, Accounting, Property Valuation and Insolvency Management (Authority) present the programme of the joint outreach event on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure on Tuesday 5 September 2017 in Vilnius, Lithuania (13:00 to16:00, local time).

  Do not miss the opportunity to share your views and provide input to EFRAG's draft comment letter!

• 22/06/2017 - Better communication: ANC/ EFRAG Outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure.

  ​EFRAG and the Autorité des Normes Comptables (ANC) are pleased to invite you to participate in a joint outreach event in Paris on Wednesday 6 September 2017 (14:00 to 17:00.) on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure.  

• 22/06/2017 - Academic Workshop on Measurement in Financial Reporting

  ​EFRAG invites academics to join its Measurement in Financial Reporting – Challenges and Objectives workshop in Brussels on 5 September 2017, 14:00 – 18:00.

• 22/06/2017 - EFRAG TEG-CFSS & EFRAG TEG meetings 28-29 June 2017

  ​EFRAG announces that it will hold its EFRAG TEG and EFRAG CFSS meeting on Wednesday 28 and EFRAG TEG meeting Thursday 29 June 2017

• 20/06/2017 - Better Communication: Disclosures, what do analysts and investors need?

  ​EFRAG, EFFAS, BVFA/ABAF  and the IASB^® present the programme of the joint outreach event on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure on Monday 3 July 2017, 14:30-17:30 in the EFRAG Offices.

  Do not miss the opportunity to share your views and provide input to EFRAG's final comment letter!

• 15/06/2017 - EFRAG Annual Review 2016 now available

  ​Featuring recent highlights from the European voice in financial reporting, find out how EFRAG’s new leadership team has set about enhancing the organisation’s three core activities: providing upstream influence; improving IFRS; and delivering endorsement advice.
  

• 13/06/2017 - EFRAG's feedback statement on the IASB's ED/2017/3 Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)

  ​EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft ED/2017/3 Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9).

• 12/06/2017 - Changes to the composition of the EFRAG Board and EFRAG TEG

  ​EFRAG announces replacements in the EFRAG Board and EFRAG TEG. Chris De Noose has been appointed as EFRAG Board member on one of the banking seats and Ana Cortez has been appointed as EFRAG TEG member.

• 08/06/2017 - EFRAG's draft comment letter on the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure

  ​EFRAG has published its draft comment letter in response to the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure and seeks for constituents' views on the proposals. Comments are requested by 11 September 2017.

• 07/06/2017 - EFRAG Endorsement Status Report 7 June 2017

  ​The publication of IFRIC 23 Uncertainty over Income Tax Treatments on 7 June 2017 is now reflected in the Endorsement Status Report.

• 07/06/2017 - Invitation to nominate candidates to the new EFRAG Board

  ​European Stakeholder Organisations and National Standard Setters are invited to nominate candidates to serve as members of the EFRAG Board from 1 November 2017. The invitation coincides with EFRAG’s move to broaden its membership base. Having all European organisations with an interest in financial reporting and a wider geographical coverage helps EFRAG to fulfil its public interest mission of developing and promoting European views in the IASB standard-setting process and ensuring that new IFRS are suitable for Europe.

• 06/06/2017 - EFRAG Update May 2017

  The May 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.

• 06/06/2017 - Better Communication: Disclosures, what do analysts and investors need?

  EFRAG, the European Federation of Financial Analysts Societies (EFFAS), the Norwegian Society of Financial Analysts (NFF) and the Norwegian Accounting Standard Board (NASB) present the programme of the joint user event on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure on Thursday 15 June 2017 (12:30 to 14:45) in Oslo, Norway.

  Do not miss the opportunity to share your views and provide input to EFRAG's draft comment letter!

• 06/06/2017 - Better Communication - Seeing the wood for the trees: role of disclosures?

  ​EFRAG and the Norwegian Accounting Standards Board (NASB) present the programme of the joint outreach event on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure on Thursday 15 June 2017 (15:00 to 17:00) in Oslo, Norway.

  Do not miss the opportunity to share your views and provide input to EFRAG's draft comment letter!

• 06/06/2017 - Better Communication: Seeing the wood for the trees: role of disclosures?

  ​The European Financial Reporting Advisory Group (EFRAG), the Lithuanian Ministry of Finance and the Lithuanian Authority of Audit, Accounting, Property Valuation and Insolvency Management (Authority) invite you to participate in a joint outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure on 5 September 2017.

• 02/06/2017 - Better Communication: Disclosures, what do analysts and investors need?

  ​EFRAG, the European Federation of Financial Analysts Societies (EFFAS), the International Accounting Standards Board^® (IASB) and the Association Belge des Analystes Financiers (ABAF/BVFA) invite you to participate in a joint user event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure on Monday 3 July 2017 (from 14.30 to 17.30 hrs CET) at the EFRAG offices in Brussels.

• 01/06/2017 - Have the details of the disclosures brought us too close to the wall to see the wood for the trees: Role of disclosures?

  ​EFRAG publishes the invitation and agenda for the joint outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure  set in Copenhagen on 14 June 2017 (13:30 – 16:30) by the Confederation of Danish Industry (DI) and FSR – Danish Auditors with the participation of EFRAG and the IASB.
  

• 31/05/2017 - European Commission interviews EFRAG President Jean-Paul Gauzès

  The President discusses the role of EFRAG in international financial reporting standard-setting, its relationship with the IASB, future priorities and how his political background contributes to his current role.
  

• 31/05/2017 - EFRAG's comment letter on the IASB's Exposure Draft ED/2017/3 Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)

  ​​​EFRAG has published its comment letter in response to the IASB's Exposure Draft ED/2017/3 Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9).

• 30/05/2017 - Better Communication - Seeing the wood for the trees: role of disclosures?

  ​The European Financial Reporting Advisory Group (EFRAG) and the UK Financial Reporting Council (UK FRC) invite you to participate in a joint outreach event on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure on  Tuesday 4 July (2: 30pm-5pm; UK time) in London.
  

• 30/05/2017 - Joint meeting between EFRAG and the KASB

  ​Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Korea Accounting Standards Board (KASB) held their second joint meeting on 15 May 2017 in Seoul.
  

• 23/05/2017 - ASCG/EFRAG outreach event on the IASB's Discussion paper Disclosure Initiative - Principles of Disclosure

  ​EFRAG and the Accounting Standards Committee of Germany (ASCG) together with its partner Standard Setters from Austria (Austrian Financial Reporting and Auditing Committee) and Switzerland (​Swiss GAAP FER Foundation) and with the participation of the International Accounting Standards Board (IASB) are pleased to invite all interested parties to a public outreach event on the IASB's Discussion Paper Disclosure Initiative -Principles of Disclosure on Monday, 11 September 2017 (12:00 to 17:00)  in Frankfurt/Main.

• 22/05/2017 - Better Communication: Disclosures, what do analysts and investors need?

  ​EFRAG, the European Federation of Financial Analysts Societies (EFFAS), the Norwegian Society of Financial Analysts (NFF) and the Norwegian Accounting Standard Board (NASB) are pleased to invite you to participate in a joint user event, on Thursday 15 June 2017 (12:30-14:45) in Oslo, Norway on the IASB Discussion Paper Disclosure Initiative- Principles of Disclosure.

• 18/05/2017 - EFRAG Board meeting May 2017

  EFRAG announces that it will hold its EFRAG Board meeting on 31 May 2017​

• 18/05/2017 - EFRAG TEG conference call May 2017

  EFRAG announces that it will hold an EFRAG TEG conference call Wednesday 24 May 2017​

• 18/05/2017 - EFRAG and the ASBJ hold bilateral meeting

  The third bilateral meeting between EFRAG and the Accounting Standards Board of Japan (ASBJ) ​took place on 17 and 18 May 2017 
  

• 18/05/2017 - EFRAG Endorsement Status Report 18 May 2017

  ​The publication of IFRS 17 Insurance Contracts on 18 May 2017 is now reflected in the Endorsement Status Report.

• 16/05/2017 - Better Communication - Seeing the wood for the trees: role of disclosures?

  ​EFRAG and the Norwegian Accounting Standards Board (NASB) are pleased to invite you to participate in a joint outreach event in Oslo on Thursday 15 June 2017 (15:00 to 17:00) on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure.  

• 12/05/2017 - Have the details of the disclosures brought us too close to the wall to see the wood for the trees: Role of disclosures

  ​On Wednesday 14 June, the Confederation of Danish Industry (DI) and FSR (Danish Auditors), together with EFRAG, invite you to participate in a joint outreach event in Copenhagen (13:30 to 16:30) on the IASB Discussion Paper Disclosure Initiative - Principles of Disclosure.  

• 05/05/2017 - EFRAG's preliminary responses to the questions in the IASB’s DP-2017-1 Disclosure Initiative - Principles of Disclosure

  ​EFRAG has published its preliminary responses to the questions in the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure. Constituents' views will be sought by 11 September 2017.

  IMPORTANT UPDATE: ​On 8 June 2017, EFRAG has published its draft comment letter in response to the IASB DP, which supersedes the preliminary consultation document. You can comment on EFRAG's draft comment letter by clicking here.

• 04/05/2017 - EFRAG's draft comment letter on the IASB's ED-2017-3 Prepayment features with negative compensation (proposed amendments to IFRS 9)

  ​EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2017/3 Prepayment Features with Negative Compensation (proposed Amendments to IFRS 9) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 17 May 2017.

• 03/05/2017 - EFRAG Update April 2017

  The April 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 26/04/2017 - EFRAG Board conference call May 2017

  EFRAG announces that it will hold a EFRAG Board conference call on Wednesday 3 May 2017.​

• 26/04/2017 - EFRAG’s draft comment letter on the IASB’s Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments – Proposed amendments to IFRS 8 and IAS 34

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments – Proposed amendments to IFRS 8 and IAS 34 and seeks constituents' views on the proposals. Comments are requested by 17 July 2017.

• 24/04/2017 - EFRAG TEG meeting 10-11 May 2017

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 10 and Thursday 11 May 2017​

• 24/04/2017 - EFRAG TEG conference call 26 April 2017

  EFRAG announces that it will hold an EFRAG TEG conference call Wednesday 26 April 2017​

• 19/04/2017 - EFRAG's comment letter and feedback statement on IASB ED/2017/1 Annual Improvements to IFRS Standards 2015-2017 Cycle

  ​EFRAG has published its comment letter and its feedback statement in response to the IASB's ED/2017/1 Annual Improvements to IFRS Standards 2015-2017 Cycle.

• 06/04/2017 - EFRAG's endorsement advice on IFRIC 22 Foreign Currency Transactions and Advance Consideration

  ​EFRAG has completed its due process regarding IFRIC 22 Foreign Currency Transactions and Advance Consideration and has submitted its Endorsement Advice Letter to the European Commission.

• 06/04/2017 - EFRAG's endorsement advice on Transfers of Investment Property (Amendments to IAS 40)

  ​EFRAG has completed its due process regarding Transfers of Investment Property (Amendments to IAS 40) and has submitted its Endorsement Advice Letter to the European Commission.

• 06/04/2017 - EFRAG Endorsement Advice on Annual Improvements to IFRS Standards 2014-2016 Cycle

  ​EFRAG has completed its due process regarding Annual Improvements to IFRS Standards 2014-2016 Cycle and has submitted its Endorsement Advice Letter to the European Commission.

• 05/04/2017 - EFRAG Academic Panel and new Academic Network to boost EFRAG’s evidence-based work on financial reporting

  EFRAG TEG approves composition of the EFRAG Academic Panel and greenlights the establishment of the EFRAG Academic Network.

• 04/04/2017 - EFRAG Board meeting April 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 11 April 2017.​

• 03/04/2017 - EFRAG announces the new composition of its Rate-regulated Activities Working Group

  ​EFRAG TEG approves renewed composition of the EFRAG Rate-regulated Activities Working Group.

• 31/03/2017 - EFRAG Update March 2017

  The March 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 27/03/2017 - EFRAG Endorsement Advice on IFRS 16 Leases.

  ​EFRAG has completed its due process regarding IFRS 16 Leases and has submitted its Endorsement Advice to the European Commission.

• 22/03/2017 - EFRAG TEG meeting 29-30 March 2017

  EFRAG announces that it will hold its EFRAG TEG meeting on Wednesday 29 and Thursday 30 March 2017.​​

• 21/03/2017 - EFRAG seeking to broaden its membership

  ​EFRAG membership provides an opportunity to contribute to EFRAG’s public interest mission by developing and promoting European views in the field of financial reporting and ensuring these views are properly considered in the IASB standard-setting process and in related international debates.

• 15/03/2017 - EFRAG Board meeting March 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on Wednesday 22 March 2017.

• 03/03/2017 - REMINDER: EFRAG REQUESTS COMMENTS ON ITS DRAFT ENDORSEMENT ADVICE ON THE ANNUAL IMPROVEMENTS TO IFRS STANDARDS 2014-2016 CYCLE

  ​​EFRAG reminds constituents that it is currently consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 17 March 2017.

• 01/03/2017 - European Council and European Parliament express confidence in EFRAG governance

  ​​EFRAG welcomes the provisional agreement reached between the Maltese Presidency and the European Parliament representatives on EFRAG’s funding.

• 28/02/2017 - EFRAG announces the composition of its Pension Plans Advisory Panel

  ​EFRAG TEG has approved in its February  meeting the composition of the EFRAG Pension Plans Advisory Panel.

• 27/02/2017 - EFRAG Update February 2017

  The February 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 22/02/2017 - EFRAG publishes a study from an economic consultancy used as input to its Endorsement Advice on IFRS 16 Leases.

  EFRAG commissioned a study from an independent economic consultancy as an input to its Endorsement Advice on IFRS 16 Leases. EFRAG's Draft Endorsement Advice, which is open for comment until 13 March 2017, include various references to this study. The aim of the study was to provide input into EFRAG's analysis of potential changes in the behaviour of preparers, investors and lenders arising from IFRS 16 and the economic impact of such changes including on the leasing industry and SMEs. The study also considered the estimated costs and benefits of IFRS 16.

• 21/02/2017 - EFRAG requests comments on its draft endorsement advice on Transfers of Investment Property (Amendments to IAS 40)

  EFRAG is consulting on both its assessment of Transfers of Investment Property (Amendments to IAS 40)  against the technical criteria in the EU and on its assessment of whether Transfers of Investment Property ​(Amendments to IAS 40)  is conducive to the European public good.​​ Comments are requested by 20 March 2017.

• 17/02/2017 - EFRAG requests comments on its draft endorsement advice on IFRIC Interpretation 22 Foreign Currency Transactions and Advance Consideration

  EFRAG is consulting on its assessment of IFRIC Interpretation 22 Foreign Currency Transactions and Advance Consideration ​against the endorsement criteria in the IAS Regulation, including the technical criteria and whether IFRIC 22 is conducive to the European public good.​​​ Comments are requested by 17 March 2017.

• 14/02/2017 - EFRAG requests comments on its Draft Endorsement Advice on IFRS 16 Leases

  ​​Following a ​Preliminary Consultation which closed last December, ​EFRAG has now issued its Draft Endorsement Advice on IFRS 16 Leases. EFRAG seeks the views of constituents, by 13 March 2017, in particular on its preliminary assessment of whether endorsing IFRS 16 would be conducive to the European Public Good. EFRAG also welcomes views on other relevant matters. 

• 02/02/2017 - EFRAG's draft comment letter on the IASB's ED/2017/1 Annual Improvements to IFRS Standards 2015-2017 Cycle

  ​EFRAG has published its draft comment letter in response to the IASB's ED/2017/1 Annual Improvements to IFRS Standards 2015-2017 Cycle and seeks constituents' views on the proposals. Comments are requested by 3 April 2017.

• 31/01/2017 - EFRAG Update January 2017

  The January 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 30/01/2017 - EFRAG Board meeting 7 February 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 7 February 2017.​

• 19/01/2017 - EFRAG calls for new members of its EFRAG Rate-regulated Activities Working Group

  ​EFRAG has decided to renew the membership of its Rate-regulated Activities Working Group (EFRAG RRAWG).

• 17/01/2017 - EFRAG calls for candidates for its Advisory Panel on Pension Plans

  ​EFRAG has started a Research project to investigate possible improvements to the current requirements for accounting for pension plans under IFRS. EFRAG’s current focus is on plans that provide benefits linked to the return on specified assets. To provide expert advice on the project, EFRAG is setting up a pan-European Advisory Panel. If you are interested, please write to us at nominations@efrag.org by 20 February 2017.

• 16/01/2017 - NEW EFRAG TEG COMPOSITION – APRIL 2017

  ​On 13 December, the EFRAG Board decided to appoint Silvia Dinova (Grant Thornton, Bulgaria) as a new member of EFRAG TEG. The Board also reappointed Geert Ewalts, Günther Gebhardt, Heinz Hense, Andrew Spooner and Ambrogio Virgilio as EFRAG TEG members for a new term.

• 13/01/2017 - EFRAG calls for candidates for its new Academic Panel

  ​Research activities will be increasingly important in the IASB and EFRAG work plans in the coming years. The academic community can provide valuable input on many aspects of these activities.  EFRAG intends to strengthen its relationship with the academic community by setting up an Academic Panel on financial reporting and accounting and is therefore launching a call for nominations to the Panel. If you are interested, please write to us at nominations@efrag.org by 1 March 2017.

• 11/01/2017 - Summary report on the Joint Investor Outreach Event in Milan on IFRS 16 Leases and Amendments to IFRS 4 Insurance Contracts

  ​EFRAG has published a Summary Report on the joint investor outreach event in Milan on 29 November 2016 covering IFRS 16 Leases and the amendments to IFRS 4 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts.

• 23/12/2016 - EFRAG TEG meeting 25-26 January 2017

  EFRAG announces that it will hold its TEG meeting on Wednesday 25 and Thursday 26 January 2017.​

• 22/12/2016 - EFRAG Board meeting January 2017

  ​EFRAG announces that it will hold its EFRAG Board meeting on Wednesday 11 (jointly with EFRAG TEG) and Thursday 12 January 2017.

• 21/12/2016 - EFRAG Update December 2016

  The December 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 21/12/2016 - EFRAG calls for more guidance on asymmetry in the Conceptual Framework

  ​​EFRAG has submitted a letter to the IASB asking for the Conceptual Framework to include directions for the use of asymmetry.

• 19/12/2016 - BEST WISHES!

  ​On behalf of everyone at EFRAG, we thank you for your contribution to our activities in 2016 and we are looking forward to our continued cooperation in 2017. Merry Christmas and all the best for 2017!

• 16/12/2016 - Appointment EFRAG Board Vice-President and EFRAG General Assembly Nominating Committee

  ​The EFRAG General Assembly appointed in its meeting of 15 December, Andreas Barckow, President of the German Standard Setter ASCG as Vice- President of the EFRAG Board. The EFRAG General Assembly confirmed the composition of the EFRAG General Assembly Nominating Committee.

• 14/12/2016 - EFRAG's Endorsement Advice on Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2)

  ​EFRAG has completed its due process regarding Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) and has submitted its Endorsement Advice Letter to the European Commission.

• 08/12/2016 - EFRAG Endorsement Status Report 8 December 2016

  ​Three IASB publications on 8 December 2016 are now reflected in the Endorsement Status Report.

• 06/12/2016 - EFRAG Board meeting 13 December 2016

  ​EFRAG announces that it will hold its EFRAG Board meeting on Tuesday 13 December 2016.

• 05/12/2016 - EFRAG TEG meeting 19-20 December 2016

  EFRAG announces that it will hold its next EFRAG TEG meeting on Monday 19 and Tuesday 20 December 2016.

• 29/11/2016 - EFRAG Endorsement Status Report 29 November 2016

  ​The endorsement by the European Commission of IFRS 9 Financial Instruments is now reflected in the EFRAG Endorsement Status Report.

• 28/11/2016 - EFRAG Update November 2016

  The November 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 24/11/2016 - Feedback Statement on the IASB's Exposure Draft ​ED/2016/1 Definition of a Business and Accounting for Previously Held Interests

  ​EFRAG has published a feedback statement on EFRAG's Draft Comment letter on the IASB's Exposure Draft ​ED/2016/1 Definition of a Business and Accounting for Previously Held Interests.

• 15/11/2016 - EFRAG requests comments by 13 December 2016 on its draft endorsement advice on Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4)

  ​​EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.​

• 15/11/2016 - Final programme: EFRAG/EFFAS/OIC/AIAF joint user event on Leases and Insurance Contracts

  EFRAG/EFFAS/OIC/AIAF present the final programme of the joint user event on Leases and Insurance Contracts in Milan.

• 09/11/2016 - EFRAG's Final Comment Letter on the IASB's Exposure Draft ED/2016/1 Definition of a Business and Accounting for Previously Held Interests

  ​​EFRAG has issued its Final Comment Letter on the IASB's Exposure Draft ​Definition of a Business and Accounting for Previously Held Interests.

• 07/11/2016 - EFRAG seeks users’ views on the endorsement of IFRS 16 Leases by 8 December 2016

  ​EFRAG is specifically seeking the views of users on the endorsement of IFRS 16 Leases in addition to the questions in the EFRAG Preliminary Consultation Document. Responses are requested by 8 December 2016.

• 02/11/2016 - EFRAG Update October 2016

  ​The October 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 02/11/2016 - EFRAG Board meeting 10 November 2016

  ​EFRAG announces that it will hold its EFRAG Board meeting on Thursday 10 Novemer 2016.

• 31/10/2016 - EFRAG Endorsement Status Report 31 October 2016

  ​The endorsement by the European Commission of IFRS 15 Revenue from Contracts with Customers including amendments to IFRS 15: Effective date of IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

• 28/10/2016 - EFRAG/EFFAS/OIC/AIAF joint user event on Leases and Insurance Contracts

  EFRAG, EFFAS, OIC and AIAF are pleased to give insight into the speaker panel of their outreach event on ​Amendments to IFRS 4: Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts and IFRS 16 Leases

• 12/10/2016 - EFRAG requests comments on its Preliminary Consultation Document regarding the endorsement of IFRS 16 Leases

  ​EFRAG has issued a Preliminary Consultation Document relating to the endorsement for use in the EU of IFRS 16 Leases. EFRAG is seeking the views of constituents, by 8 December 2016, on the specific matters raised in this document and any other issues considered relevant to EFRAG's endorsement advice.

• 07/10/2016 - EFRAG requests comments on its draft endorsement advice on Classification and Measurement of Share-based Payment Transactions - Amendments to IFRS 2

  ​EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.

  ​

• 04/10/2016 - Reminder Call for EFRAG TEG Applicants – Contribute to European input in the IFRS process

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). The present mandate period of six of the sixteen EFRAG TEG members expires on 31 March 2017 and the mandate of three country liaison members expires on 30 November 2016. All existing members are eligible for reappointment.  We remind you that the call is soon closing and recommend that all candidates should submit their candidatures preferably by 7 October 2016.

• 29/09/2016 - What do we really know about goodwill and impairment? – A quantitative study

  EFRAG publishes a quantitative study on Goodwill and Goodwill Impairment

• 27/09/2016 - EFRAG Board Meeting 6 October 2016

  ​EFRAG announces that it will hold its EFRAG Board meeting on Thursday 6 October 2016.​​​

• 26/09/2016 - EFRAG Endorsement Status Report 23 September 2016

  ​The endorsement by the European Commission of Amendments to IFRS 10, IFRS 12 and IAS 28: Investment Entities - Applying the Consolidation Exception is now reflected in the EFRAG Endorsement Status Report.

• 19/09/2016 - EFRAG Update September 2016

  ​The September 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 12/09/2016 - EFRAG Endorsement Status Report 12 September 2016

  ​The publication of Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4) on 12 September 2016 is now reflected in the Endorsement Status Report.

• 29/07/2016 - EFRAG announces the new composition of its Insurance Accounting Working Group and Financial Instruments Working Group

  ​EFRAG TEG has approved in its July meeting the new composition of the EFRAG Insurance Accounting Working Group and the EFRAG Financial Instruments Working Group effective from 1 September 2016.

• 28/07/2016 - EFRAG Update July 2016

  The July 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 27/07/2016 - EFRAG's Draft Comment Letter on the IASB's Exposure Draft ED/2016/1 Definition of a Business and Accounting for Previously Held Interests

  ​EFRAG has issued its Draft Comment Letter on the IASB's Exposure Draft ​Definition of a Business and Accounting for Previously Held Interests.

• 22/07/2016 - EFRAG 15 Years Anniversary Event - Summary Report

  ​EFRAG is pleased to provide a summary report of its 15 Years Anniversary Event.

• 20/07/2016 - Summary Event Report: "What is new in Accounting for Leases: a change worth $2.2 trillion"

  ​EFRAG, EFFAS and ABAF/BVFA are pleased to provide a summary report of the outreach event of 5 July 2016.

• 20/07/2016 - Call for EFRAG TEG Applicants

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). The present mandate period of six of the sixteen EFRAG TEG members expires on 31 March 2017 and the mandate of three country liaison members expires on 30 November 2016. All existing members are eligible for reappointment.

• 11/07/2016 - First Joint Meeting between EFRAG and KASB

  Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Korean Accounting Standards Board (KASB) held their first joint meeting on 5 July 2016 in Brussels.

• 06/07/2016 - EFRAG's Endorsement Advice on Clarifications to IFRS 15 Revenue from Contracts with Customers

  EFRAG has completed its due process regarding Clarifications to IFRS 15 Revenue from Contracts with Customers and has submitted its Endorsement Advice Letter to the European Commission.​

• 05/07/2016 - EFRAG Update June 2016

  ​The June 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 04/07/2016 - EFRAG Open Call for Tenders related to IFRS 16 Leases

  ​EFRAG has issued today an open call for tenders to assist EFRAG in its impact analysis of IFRS 16 Leases. EFRAG is specifically looking for economic and behavioural expertise as input for EFRAG’s endorsement advice on leases.

• 01/07/2016 - EFRAG Appoints New President

  ​EFRAG welcomed today the appointment by the EFRAG General Assembly of Jean-Paul Gauzès, a former MEP, as EFRAG Board President.

• 27/06/2016 - EFRAG Endorsement Status Report 27 June 2016

  ​The ARC vote on IFRS 9 Financial Instruments is now reflected in the EFRAG Endorsement Status Report.
  

• 21/06/2016 - EFRAG Endorsement Status Report 21 June 2016

  ​The publication of Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) on 20 June 2016 is now reflected in the EFRAG Endorsement Status Report.

• 15/06/2016 - EFRAG - EFFAS/ABAF Joint Event: What is new in Accounting for Leases: A Change worth $2.2 Trillion

  ​EFRAG, EFFAS and ABAF/BVFA are pleased to give insight into the speaker panel of their outreach event on IFRS 16.

• 14/06/2016 - EFRAG publishes Annual Review 2015

  EFRAG is pleased to share the review of its 2015 important events and activities.

• 08/06/2016 - EFRAG's Endorsement Advice on Amendments to IAS 12 Recognition of Deferred Tax Assets for Unrealised Losses

  EFRAG has completed its due process regarding Recognition of Deferred Tax Assets for Unrealised Losses: Amendments to IAS 12  and has submitted its Endorsement Advice Letter to the European Commission.

• 06/06/2016 - EFRAG's Endorsement Advice on Disclosure Initiative - Amendments to IAS 7

  ​EFRAG has completed its due process regarding Disclosure Initiative - Amendments to IAS 7 and has submitted its Endorsement Advice Letter to the European Commission.

• 03/06/2016 - EFRAG Update May 2016

  ​The May 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 31/05/2016 - Feedback Statement on EFRAG Discussion Paper The Statement of Cash Flows: Issues for Financial Institutions

  ​EFRAG has published a feedback statement on EFRAG Discussion Paper The Statement of Cash Flows: Issues for Financial Institutions.

• 30/05/2016 - Call for new members of the EFRAG Insurance Accounting Working Group

  ​EFRAG has decided to renew the membership of the Insurance Accounting Working Group (EFRAG IAWG).

• 27/05/2016 - Call for new members of the EFRAG Financial Instruments Working Group

  ​EFRAG has decided to renew the membership of the Financial Instruments Working Group (EFRAG FIWG).

• 17/05/2016 - EFRAG requests comments on its draft endorsement advice on Clarifications to IFRS 15 Revenue from Contracts with Customers

  EFRAG is consulting on both its assessment of the Clarifications against the technical criteria in the EU and on its assessment of whether the Clarifications are conducive to the European public good.​

• 02/05/2016 - EFRAG Update April 2016

  ​The April 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 20/04/2016 - EFRAG Endorsement Status Report 20 April 2016

  The ARC vote on Amendments to IFRS 10, IFRS 12 and IAS 28 is now reflected in the EFRAG Endorsement Status Report.
  

• 18/04/2016 - EFRAG Endorsement Status Report 18 April 2016

  ​The date of the ARC vote on IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

• 13/04/2016 - EFRAG Endorsement Status Report 13 April 2016

  ​The publication of Clarifications to IFRS 15 on 12 April 2016 is now reflected in the EFRAG Endorsement Status Report.

• 11/04/2016 - EFRAG requests comments on its draft endorsement advice on Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)

  EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.

• 11/04/2016 - EFRAG requests comments on its draft endorsement advice on Disclosure Initiative - Amendments to IAS 7

  ​EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.

• 11/04/2016 - Feedback on EFRAG's future proactive work

  EFRAG provides feedback on its public consultation of October asking constituents to express views on the effectiveness of the EFRAG's proactive activities, the coordination with the IASB Research activities and to provide suggestions on research topics.

• 11/04/2016 - Welcome to the new EFRAG website!

  ​Pay a visit to EFRAG's new website and discover easier navigation and access to information on EFRAG's current and past activities!

• 06/04/2016 - Measurement in the IFRS Conceptual Framework

  ​EFRAG has issued supplementary proposals related to the Measurement Chapter of the IFRS Conceptual Framework

• 25/03/2016 - EFRAG's comment letter and feedback statement on the IASB's ED/2015/9 Transfers of Investment Property

  EFRAG issued its comment letter and feedback statement on the IASB's Exposure Draft ED/2015/9 Transfers of Investment Property: Proposed Amendment to IAS 40.

• 18/03/2016 - Summary of responses on questionnaire on assets and liabilities

  ​EFRAG publishes a summary of the responses received on the questionnaire on the proposed definitions of an asset and of a liability.

• 14/03/2016 - Feedback statement on Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts

  EFRAG has published a feedback statement following the publication of its final comment letter on the Exposure Draft ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts.

• 14/03/2016 - Feedback Statement on EFRAG Draft Comment Letter in response to IASB ED/2015/3 Conceptual Framework for Financial Reporting

  ​EFRAG has published a feedback statement following the publication of its comment letter on the IASB Exposure Draft Conceptual Framework for Financial Reporting.

• 09/03/2016 - New investor insights into financial reporting

  ​EFRAG and ICAS publish a study on the decision usefulness of financial reporting

• 08/03/2016 - EFRAG's Comment Letter and Feedback Statement on the IASB's Exposure Draft ED/2015/8 IFRS Practice Statement: Application of Materiality to Financial Statements

  ​EFRAG has issued its Comment Letter and Feedback Statement on the IASB's Exposure Draft IFRS Practice Statement: Application of Materiality to Financial Statements.
  

• 03/03/2016 - EFRAG’s Final Comment letter to IASB ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle

  ​EFRAG has submitted its final comment letter to the IASB on the IASB’s ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle

• 03/03/2016 - Feedback statement on ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle

  ​EFRAG has published a feedback statement following the publication of its final comment letter on the IASB’s ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle

• 26/02/2016 - Feedback statement on the Draft IFRIC Interpretation Uncertainty over Income Tax Treatments

  ​EFRAG has published a feedback statement following the publication of its final comment letter on the Draft IFRIC Interpretation DI/2015/1 Uncertainty over Income Tax Treatments.

• 23/02/2016 - EFRAG’s Response to the IFRS Foundation Trustees’ Invitation to Comment IFRS Taxonomy Due Process

  ​EFRAG has published its response to the IFRS Foundation’s Invitation to Comment IFRS Taxonomy Due Process and the related feedback statement addressing the comment letters EFRAG received.

• 15/02/2016 - EFRAG’s Final Comment letter to the IASB ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts

  ​EFRAG has submitted its comment letter to the IASB on the IASB’s ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts.

• 12/02/2016 - Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture – letter to the European Commission

  ​EFRAG has sent a letter to the European Commission after IASB published revised amendments to IFRS 10 and IAS 28: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture postponing their effective date indefinitely. In this letter, EFRAG brings a number of issues to the European Commission’s attention before it takes a decision on the endorsement process on the two published amendments to IFRS 10 and IAS 28.

• 12/02/2016 - EFRAG's Comment Letter on the Draft IFRIC Interpretation Uncertainty over Income Tax Treatments

  ​EFRAG has issued its Comment Letter on the Draft IFRIC Interpretation Uncertainty over Income Tax Treatments

• 08/02/2016 - EFRAG's Comment Letter and Feedback Statement on the IASB's Draft Interpretation DI/2015/2 Foreign Currency Transactions and Advance Consideration

  ​EFRAG has issued its Comment Letter and Feedback Statement on the IASB's Draft Interpretation Foreign Currency Transactions and Advance Consideration

• 12/01/2016 - EFRAG endorsement status report

  The publication of  IFRS 16 Leases on 13 January 2016 is now reflected in EFRAG Endorsement Status Report.

• 11/01/2016 - Summary report of EFRAG Outreach Event on Conceptual Framework For Financial Reporting in Brussels

  EFRAG is pleased to publish a summary report of its outreach event in Brussels on 23 September 2015.

• 03/01/2016 - ARE YOU A FINANCIAL REPORTING PROFESSIONAL INTERESTED IN BRINGING THE EUROPEAN VIEW IN FINANCIAL REPORTING? JOIN EFRAG!

  EFRAG is seeking financial reporting professionals with IFRS expertise to join the EFRAG team.

• 23/12/2015 - EFRAG's Draft Comment letter to the IASB's Exposure Draft ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts

  EFRAG has published its draft comment letter on the IASB's Exposure Draft ED/2015/11 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 20 January 2016.

• 22/12/2015 - EFRAG's comment letters in response to the IASB Exposure Drafts on the Conceptual Framework for Financial Reporting

  EFRAG has submitted it comment letters on the IASB Exposure Drafts ED/2015/3 Conceptual Framework for Financial Reporting and ED/2015/4 Updating References to the Conceptual Framework.

• 22/12/2015 - EFRAG's comment letters in response to the IASB Exposure Drafts on the Conceptual Framework for Financial Reporting

  EFRAG has submitted its comment letters on the IASB Exposure Drafts ED/2015/3 Conceptual Framework for Financial Reporting and ED/2015/4 Updating References to the Conceptual Framework.

• 21/12/2015 - EFRAG TEG ROTATION 2016: appointments and reappointments

  On 24 November, the EFRAG Board decided to appoint Nicklas Grip as EFRAG TEG vice-Chair. The Board also appointed Søren Kok Olsen and Nicolas de Paillerets as new TEG Members. Christian Chiarasini and Serge Pattyn have seen their mandates renewed for another 2-year term.

• 20/12/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework and on Materiality in Rome

  EFRAG and the Organismo Italiano di Contabilita' (the OIC), the Italian Standards-Setter, have published a feedback statement of their joint outreach event on the IASB Exposure Drafts ED/2015/3 Conceptual Framework for Financial Reporting and ED/2015/8 IFRS Practice Statement: Application of Materiality to Financial Statements. The joint outreach event was held in cooperation with the IASB and took place on 30 November 2015 in Rome.

• 20/12/2015 - Summary report of EFRAG - EFFAS - AIAF - IASB Joint Investor Outreach Event on profit or loss (P&L) and other comprehensive income (OCI)

  EFRAG, EFFAS, AIAF and the IASB are pleased to publish a summary report of their investor outreach event in Milan on 22 October 2015. In the joint outreach event participants discussed the role of profit or loss (P&L) and other comprehensive income (OCI).

• 20/12/2015 - EFRAG's Response to the Trustees' Review of Structure and Effectiveness

  EFRAG has published its response to the Request for Views Trustees' Review of Structure and Effectiveness: Issues for Review and the related feedback statement addressing the comment letters EFRAG received.

• 20/12/2015 - EFRAG endorsement status report

  The endorsement by the European Commission of Amendments to IAS 1 is now reflected in EFRAG Endorsement Status Report.

• 17/12/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Madrid

  EFRAG and the Instituto de Contabilidad y Auditoría de Cuentas (ICAC) have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 21 September 2015 in Madrid.

• 16/12/2015 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2015/10 Annual Improvements to IFRSs 2014-2016 Cycle

  EFRAG has published its draft comment letter in response to the Exposure Draft Annual Improvements to IFRSs 2014-2016 Cycle and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 5 February 2016.

• 15/12/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Oslo

  EFRAG and the Norwegian Accounting Standards Board (NASB) have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 16 September 2015 in Oslo.

• 15/12/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Vilnius

  EFRAG, the Estonian Ministry of Finance, the Latvian Ministry of Finance and the Lithuanian Authority of Audit and Accounting have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 23 September 2015 in Vilnius.

• 15/12/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Warsaw

  EFRAG and the Polish Accounting Standards Committee (KSR), in cooperation with the World Bank Centre for Financial Reporting Reform, have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 30 September 2015 in Warsaw.

• 15/12/2015 - EFRAG endorsement status report

  The endorsement by the European Commission of Annual Improvements to IFRS 2012-2014 Cycle is now reflected in EFRAG Endorsement Status Report.

• 10/12/2015 - EFRAG's draft comment letter on the IASB's ED/2015/9 Transfers of Investment Property

  EFRAG issued its draft comment letter on the IASB's Exposure Draft ED/2015/9 Transfers of Investment Property: Proposed Amendment to IAS 40. EFRAG requests comments by 15 March 2016.

• 08/12/2015 - EFRAG's report on the findings from the public survey on the expected effects of the introduction of IFRS 16 Leases on financial covenants in loan agreements

  EFRAG published a report that summarises the findings from the public survey on the effects of the introduction of IFRS 16 Leases on financial covenants in loan agreements. The public survey was carried out by EFRAG in association with the National Standard Setters of Lithuania, France, Germany, Italy, and the UK (AAT, ANC, DRSC, OIC, FRC). The IASB also participated in this consultation.

• 03/12/2015 - Further information related to the endorsement of IFRS 9

  EFRAG has sent its letter to the European Commission providing further information related to the endorsement of IFRS 9.

• 03/12/2015 - EFRAG's Draft Comment Letter to the IFRS Foundation Trustees' Invitation to Comment IFRS Taxonomy Due Process

  EFRAG has published its draft comment letter on the IFRS Foundation's Invitation to Comment IFRS Taxonomy Due Process and seeks constituents' views. Comments on our draft comment letter are requested by 30 January 2016.

• 30/11/2015 - Letter to the European Commission explaining how EFRAG has reached its conclusion that IFRS 9 Financial Instruments is not contrary to the true and fair principle.

  Upon the request of the European Commission, EFRAG has issued a letter to further explain how it has reached the conclusion contained in its endorsement advice that IFRS 9 Financial Instruments is not contrary to the true and fair principle.

• 27/11/2015 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2015/8 IFRS Practice Statement: Application of Materiality to Financial Statements

  EFRAG has published its draft comment letter in response to the Draft IFRS Practice Statement: Application of Materiality to Financial Statements and seeks constituents' views on the proposals. Comments on the draft comment letter and inputs to the questions in it are requested by 15 February 2016.

• 26/11/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Amsterdam

  EFRAG and the Dutch Accounting Standards Board (DASB) have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 5 October 2015 in Amsterdam.

• 26/11/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Paris

  EFRAG and the Autorité des Normes Comptables (ANC) have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED/2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 14 September 2015 in Paris.

• 23/11/2015 - Feedback statement on the IASB's Exposure Draft ED/2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14)

  EFRAG published its feedback statement to constituents following the publication of the final comment letter on the IASB's Exposure Draft Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14).

• 19/11/2015 - Feedback statement for the Joint Outreach Event on the Conceptual Framework in Helsinki

  EFRAG, the Financial Supervisory Authority, the Ministry of Employment and the Economy and the Confederation of Finnish Industries have published a feedback statement of their joint outreach event on the IASB Exposure Draft ED 2015/3 Conceptual Framework for Financial Reporting. The joint outreach event was held in cooperation with the IASB and took place on 14 October 2015 in Helsinki.

• 16/11/2015 - EFRAG's draft comment letter on the Draft IFRIC Interpretation DI/2015/1 Uncertainty over Income Tax Treatments

  EFRAG has published its draft comment letter in response to the Draft IFRIC Interpretation DI/2015/1 Uncertainty over Income Tax Treatments and seeks constituents' views on the proposals. Comments on the draft comment letter and inputs to the request in a separate Appendix are requested by 13 January 2016.

• 16/11/2015 - Feedback Statement on the ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28

  EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft Effective Date of Amendments to IFRS 10 and IAS 28.

• 11/11/2015 - EFRAG's Draft Comment Letter on the IASB's Draft Interpretation DI/2015/2 Foreign Currency Transactions and Advance Consideration

  EFRAG has issued its Draft Comment Letter on the IASB's Draft Interpretation Foreign Currency Transactions and Advance Consideration.

• 09/11/2015 - IFRS 9 and IFRS 4: further information related to the endorsement of IFRS 9

  EFRAG asks for your input by noon on 20 November 2015

• 09/11/2015 - EFRAG's Comment Letter on the IASB's ED/2015/6 Clarifications to IFRS 15

  EFRAG has issued its comment letter on the IASB's Exposure Draft Clarifications to IFRS 15.

• 07/11/2015 - EFRAG provides its preliminary views on the IASB Exposure Draft Conceptual Framework for Financial Reporting

  In July 2015, EFRAG launched its public consultation on the IASB Exposure Draft 'Conceptual Framework for Financial Reporting', without having fully deliberated preliminary views. EFRAG is now providing its preliminary views on the Exposure Draft.

• 05/11/2015 - EFRAG's comment letter on the IASB's Exposure Draft ED/2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14)

  EFRAG issues its comment letter on the IASB's Exposure Draft ED/2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14).

• 04/11/2015 - EFRAG/IASB Outreach event IASB Agenda Consultation and Trustees Review in Denmark

  On Wednesday 25 November, the Confederation of Danish Industry (DI) and FSR (Danish Auditors), together with EFRAG and the IASB, invite you to participate in a joint outreach event in Copenhagen on the 2015 IASB Agenda Consultation, the Trustees Review and EFRAG's own proactive Agenda Consultation.

• 22/10/2015 - EFRAG's Comment Letter on the IASB's ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28

  EFRAG has issued its Comment Letter on the IASB's Exposure Draft Effective Date of Amendments to IFRS 10 and IAS 28.

• 21/10/2015 - Help shape the future of IFRS! What should EFRAG, the ANC and the IASB focus on before 2020?

  On Thursday 12 November, EFRAG, the ANC and the IASB invite you to participate in a joint outreach event in Paris on the 2015 IASB Agenda Consultation and EFRAG's own proactive Agenda Consultation.

• 17/10/2015 - EFRAG publishes a questionnaire on the proposed definitions of assets and liabilities

  In order to test whether the definitions proposed in the IASB Exposure Draft on the Conceptual Framework are understandable, EFRAG asks you to assess whether nine arrangements give rise to items that would meet the definitions.

• 11/10/2015 - Joint Investor Outreach Event on P&L and IFRS 9 - Milan - Programme available!

  EFRAG, the European Federation of Financial Analysts Societies (EFFAS), the Italian Association of Financial Analysts (AIAF) and the IASB organise a joint outreach event to be held in Milan on Thursday 22 October 2015.

• 05/10/2015 - Joint Outreach Event on the Revision to the Conceptual Framework in Helsinki

  EFRAG publishes the agenda for the joint outreach event in Helsinki on Wednesday 14 October 2015.

• 04/10/2015 - EFRAG's Draft Response to the Trustees' Review of Structure and Effectiveness

  EFRAG has published its draft response to the Request for Views Trustees' Review of Structure and Effectiveness: Issues for the Review of July 2015 and seeks constituents' views. Comments on the draft letter are requested by 30 November 2015.

• 30/09/2015 - EFRAG seeks your input as to what research is important for Europe

  EFRAG has launched its own Proactive Agenda Consultation in parallel with the IASB's 2015 Agenda Consultation to ensure that EFRAG is allocating resources in an optimal way to research work on important topics for Europe. EFRAG is seeking constituents' views by 30 November 2015.

• 28/09/2015 - Joint Investor Outreach Event on P&L and IFRS 9 - Milan

  EFRAG, the European Federation of Financial Analysts Societies (EFFAS), the Italian Association of Financial Analysts (AIAF) and the IASB organise a joint outreach event to be held in Milan on Thursday 22 October 2015.

• 28/09/2015 - EFRAG extends the comment period for its documents for public consultation related to the Conceptual Framework

  EFRAG has extended the comment period for the documents for public consultation relating to the IASB Exposure Draft Conceptual Framework for Financial Reporting. The revised deadline for comments is 18 November 2015.

• 20/09/2015 - Last seats! EFRAG Conference: Conceptual Framework for Financial Reporting - will it meet European expectations?

  EFRAG invites you to participate in a conference on the Conceptual Framework for Financial Reporting on 23 September 2015 in Brussels. Look at the programme and contribute to this important topic on the EFRAG Agenda!

• 14/09/2015 - EFRAG Endorsement Advice on IFRS 9 Financial Instruments

  EFRAG has completed its due process regarding IFRS 9 Financial Instruments and has submitted its Endorsement Advice Letter to the European Commission.

• 09/09/2015 - EFRAG Conference: Conceptual Framework for Financial Reporting - will it meet European expectations? Full programme

  EFRAG invites you to participate in a conference on the Conceptual Framework for Financial Reporting on 23 September 2015 in Brussels. The full programme is now available!

• 08/09/2015 - Summary report of EFRAG - EFFAS/ABAF - IASB Joint Investor Outreach Event on profit or loss (P&L) and other comprehensive income (OCI)

  EFRAG, EFFAS/ABAF and the IASB are pleased to publish a summary report of their investor outreach event held on 1 July 2015. In the joint outreach event participants discussed the role of profit or loss (P&L) and other comprehensive income (OCI).

• 07/09/2015 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28

  EFRAG has published its draft comment letter in response to the IASB' ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28 and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 8 October 2015.

• 07/09/2015 - Joint Outreach Event on the Conceptual Framework - Vilnius

  EFRAG, the Estonian Ministry of Finance, the Latvian Ministry of Finance, the Lithuanian Authority of Audit and Accounting (AAT) and the IASB announce a joint outreach event to be held in Vilnius on Wednesday 23 September 2015.

• 07/09/2015 - Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture - Recommendation to further postpone the Endorsement Process

  EFRAG has recommended to the European Commission to further postpone the endorsement process on the amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture until the IASB finalises its due process on its proposals to amend the effective date of the amendments to IFRS 10 and IAS 28.

• 03/09/2015 - EFRAG Conference: Conceptual Framework for Financial Reporting - will it meet European expectations? Speaker Panel

  EFRAG invites you to participate in a conference on the Conceptual Framework for Financial Reporting on 23 September 2015 in Brussels. Discover the speaker panel!

• 03/09/2015 - Joint Outreach Event on the Revision to the Conceptual Framework - Paris

  EFRAG, the French Accounting Standards Authority (ANC) and the IASB announce a joint outreach event to be held in Paris on Monday 14 September 2015.

• 03/09/2015 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2015/6 Clarifications to IFRS 15

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2015/6 Clarifications to IFRS 15 and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 22 October 2015.

• 02/09/2015 - Joint Outreach Event on the Revision to the Conceptual Framework - Helsinki

  EFRAG, the Financial Supervisory Authority, the Ministry of Employment and the Economy, the Confederation of Finnish Industries EK and the IASB announce a joint outreach event to be held in Helsinki on Wednesday 14 October 2015.

• 19/08/2015 - Conference: Conceptual Framework for Financial Reporting - will it meet European expectations?

  EFRAG invites you to participate in a conference on the Conceptual Framework for Financial Reporting on 23 September 2015 in Brussels.

• 09/08/2015 - EFRAG's draft comment letter on the IASB's ED/2015/4 Updating References to the Conceptual Framework (Proposed amendments to IFRS 2, IFRS 3, IFRS 4, IFRS 6, IAS1, IAS 8, IAS 34, SIC-27 and SIC-32)

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2015/4 Updating References to the Conceptual Framework (Proposed amendments to IFRS 2, IFRS 3, IFRS 4, IFRS 6, IAS 1, IAS 8, IAS 34, SIC-27 and SIC-32) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 26 October 2015.

• 05/08/2015 - Joint Outreach Event on the Revision to the Conceptual Framework - Warsaw

  EFRAG, the Polish Accounting Standards Committee (KSR) and the IASB, in cooperation with the World Bank, announce a joint outreach event to be held in Warsaw on Wednesday 30 September 2015.

• 03/08/2015 - EFRAG has published a feedback report on the results of the pre-endorsement questionnaire on IFRS 9

  EFRAG has published a feedback report on the results of the pre-endorsement questionnaire on IFRS 9. The input was used by EFRAG in developing its (draft) endorsement advice for the European Commission on IFRS 9 Financial Instruments.

• 30/07/2015 - Joint Outreach Event on the Revision to the Conceptual Framework - Amsterdam

  EFRAG, the Dutch Accounting Standards Board and the IASB announce a joint outreach event to be held in Amsterdam on 5 October 2015.

• 29/07/2015 - EFRAG has published a feedback statement on input received during the individual insurance specialist user outreach on the potential deferral IFRS 9 effective date for insurers

  EFRAG has published a feedback statement that summarises the input received during the individual insurance specialist user outreach on the potential deferral of IFRS 9 effective date for insurers. This input is used by EFRAG in developing its Final Endorsement Advice for the European Commission on IFRS 9 Financial Instruments.

• 29/07/2015 - Joint Outreach Event on the Conceptual Framework - Madrid

  EFRAG, the Spanish Institute for Accounting and Auditing (ICAC) and the IASB announce a joint outreach event to be held in Madrid on Monday 21 September 2015.

• 28/07/2015 - Effect of the deferral of the IFRS 15 effective date on EFRAG's endorsement advice

  EFRAG has informed the European Commission that the IASB has deferred the effective date of IFRS 15.

• 28/07/2015 - Feedback statement on the IASB's ED/2015/1 Classification of Liabilities - Proposed amendments to IAS 1

  EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft Classification of Liabilities - Proposed amendments to IAS 1.

• 23/07/2015 - EFRAG's draft comment letter on the IASB's Exposure Draft ED/2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14)

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement / Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14) and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 9 October 2015.

• 22/07/2015 - EFRAG Endorsement Advice of Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28)

  EFRAG has completed its due process regarding Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28) and has submitted its Endorsement Advice Letter to the European Commission.

• 21/07/2015 - EFRAG, the IASB and the National Standard Setters AAT, ANC, ASCG, FRC and OIC invite companies to participate in a public survey on impact of the forthcoming new IFRS on Leases on financial covenants in loan agreements

  The IASB has completed its redeliberations in regard to the proposed new lease accounting requirements. The new IFRS on Leases is expected to be issued before the end of 2015. It will require lessees to recognise assets and liabilities for all identified leases. The amount of newly recognised lease liabilities is expected to be significant for many entities. Therefore, questions have been raised about the possible impact of the new IFRS on financial covenants in loan agreements that refer to measures of debt, net financial position or similar indicators.EFRAG, the IASB and the National Standard Setters are performing this public survey to acquire quantitative and qualitative information about how covenants are determined in Europe.

• 15/07/2015 - EFRAG requests extension of the comment period on the Conceptual Framework Exposure Draft

  EFRAG has requested the IASB to extend the comment period related to the Exposure Draft Conceptual Framework for Financial Reporting until 26 December 2015.

• 14/07/2015 - EFRAG Short Discussion Series - The Statement of Cash Flows: issues for Financial Institutions

  EFRAG has published a paper in the Short Discussion Series. This paper discusses the relevance of the Statement of Cash Flows for financial institutions and investigates alternatives that could either supplement or replace the information currently portrayed by these entities in the Statement of Cash Flows.

• 13/07/2015 - EFRAG publishes a Bulletin on profit or loss versus OCI

  EFRAG has published a Bulletin to contribute to the discussion on what items should be reported in profit or loss and what items should be reported as items of other comprehensive income. The Bulletin is published to help form European views that are influential in the debate on the IFRS Conceptual Framework.

• 09/07/2015 - Joint Outreach Event on the Conceptual Framework - Oslo

  EFRAG, the Norwegian Accounting Standards Board (NRS) and the IASB announce a joint outreach event to be held in Oslo on Wednesday 16 September 2015.

• 07/07/2015 - EFRAG document for public consultation on the IASB ED Conceptual Framework for Financial Reporting

  EFRAG has published a document for public consultation on the IASB Exposure Draft Conceptual Framework for Financial Reporting. Comments are requested by 26 October 2015.

• 01/07/2015 - EFRAG comment letter on the IASB's ED Effective Date of IFRS 15

  EFRAG has published its comment letter in response to the IASB Exposure Draft Effective Date of IFRS 15 (Proposed amendments to IFRS 15). EFRAG supports the proposal of the Exposure Draft.

• 21/06/2015 - EFRAG's comment letter on the IASB's ED/2015/1 Classification of Liabilities - Proposed amendments to IAS 1

  EFRAG has published its comment letter in response to the IASB's Exposure Draft Classification of Liabilities - Proposed amendments to IAS 1.

• 15/06/2015 - EFRAG requests a public fatal flaw review of the forthcoming Leases Standard

  EFRAG has sent a letter to the IASB requesting a public fatal flaw review of the forthcoming Leases Standard.

• 03/06/2015 - Feedback statement on the IASB's Exposure Draft ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7)

  EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft Disclosure Initiative (Proposed amendments to IAS 7).

• 19/05/2015 - EFRAG draft comment letter on the IASB's ED Effective Date of IFRS 15 (Proposed amendments to IFRS 15)

  EFRAG has published its draft comment letter in response to the IASB Exposure Draft Effective Date of IFRS 15 (Proposed amendments to IFRS 15) and seeks constituents' views on the proposal. Comments on the draft comment letter are requested by 25 June 2015.

• 18/05/2015 - EFRAG Endorsement Advice on Disclosure Initiative - Amendments to IAS 1

  EFRAG has completed its due process regarding Disclosure Initiative - Amendments to IAS 1 and has submitted its Endorsement Advice Letter to the European Commission.

• 10/05/2015 - EFRAG's comment letter on the IASB's ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7)

  EFRAG has published its comment letter in response to the IASB's Exposure Draft Disclosure Initiative (Proposed amendments to IAS 7).

• 10/05/2015 - EFRAG requests comments on its draft endorsement advice on the Amendments to IFRS 10, IFRS 12 and IAS 28

  EFRAG has issued a draft endorsement advice letter (with supporting appendices) and a separate invitation to comment relating to the endorsement for use in the EU of Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28) (the Amendments). EFRAG is consulting on both its assessment of the Amendments against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good.

• 04/05/2015 - EFRAG requests comments on its draft endorsement advice on IFRS 9 Financial Instruments

  ​EFRAG has issued a draft endorsement advice letter (with supporting appendices) and a separate Invitation to Comment relating to the endorsement for use in the EU of IFRS 9 Financial Instruments (the Standard). EFRAG is consulting on both its assessment of the Standard against the technical criteria in the EU and on its assessment of whether IFRS 9 is conducive to the European public good (which includes the costs and benefits associated with implementing the Standard).

• 14/04/2015 - Feedback statement on the IASB's Exposure Draft ED/2014/5 Classification and Measurement of Share-based Payment Transactions (Proposed amendments to IFRS 2)

  EFRAG has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft Classification and Measurement of Share-based Payment Transactions.

• 14/04/2015 - EFRAG publishes a feedback statement on responses to its Discussion Paper Separate Financial Statements

  EFRAG published today a feedback statement summarising the main messages from respondents to the discussion paper on separate financial statements

• 01/04/2015 - EFRAG's comment letter on the IASB's ED/2014/5 - Classification and Measurement of Share-based Payment Transactions - Proposed amendments to IFRS 2

  EFRAG has published its comment letter in response to the IASB's Exposure Draft Classification and Measurement of Share-based Payment Transactions - Proposed amendments to IFRS 2.

• 01/04/2015 - Feedback statement on the IASB's Discussion Paper DP/2014/2 Reporting the Financial Effects of Rate Regulation

  EFRAG has published a feedback statement following the publication of its final comment letter on Reporting the Financial Effects of Rate Regulation

• 30/03/2015 - EFRAG publishes a feedback statement of the responses to the Discussion Paper 'Classification of Claims'.

  EFRAG published today a feedback statement summarising the main messages from respondents to EFRAG's Discussion Paper which discusses the credit side of the balance sheet and the classification of the claims on an entity.

• 23/03/2015 - EFRAG's draft comment letter on the IASB's ED/2015/1 Classification of Liabilities - Proposed amendments to IAS 1

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft Classification of Liabilities - Proposed amendments to IAS 1 and seeks constituents' views on the proposals. Comments on the draft comment letter are requested by 3 June 2015.

• 19/03/2015 - Feedback statement on the IASB's ED/2014/4 Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value

  EFRAG publishes a feedback statement following the publication of its final comment letter on the proposed amendments to IFRS 10, IFRS 12, IAS 27, IAS 28, IAS 36 and IFRS 13: Unit of Account.

• 17/03/2015 - EFRAG Endorsement Advice on IFRS 15 Revenue from Contracts with Customers

  EFRAG has completed its due process regarding IFRS 15 Revenue from Contracts with Customers and has submitted its Endorsement Advice Letter to the European Commission.

• 26/02/2015 - EFRAG requests comments on its Draft Endorsement Advice on Disclosure Initiative - Amendments to IAS 1

  EFRAG has issued an Invitation to Comment relating to the endorsement for use in the EU of Disclosure Initiative - Amendments to IAS 1 (the Amendments). It is consulting both on its assessment of the Amendments against the technical criteria for the endorsement in the EU and on its initial assessment of the costs and benefits that would arise from their implementation and application in the EU. Comments are requested by 27 March 2015.

• 23/02/2015 - Summary report of EFRAG - EFFAS/ABAF - IASB Joint User Event on Rate-regulated Activities

  EFRAG, EFFAS/ABAF and the IASB are pleased to publish a summary report of their fourth user event held on 18 December 2014. The joint user event discussed the IASB Discussion Paper Reporting the Financial Effects of Rate Regulation.

• 17/02/2015 - Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture - Recommendation to postpone the Endorsement Process

  EFRAG has recommended to the European Commission to postpone the endorsement process on the amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture until the IASB's project on Elimination of gains or losses arising from transactions between an entity and its associate or joint venture is completed.

• 11/02/2015 - EFRAG has published a feedback statement on input received during outreach activities conducted with European users on the IASB's Discussion Paper Reporting the Financial Effects of Rate Regulation

  EFRAG has issued a feedback statement that summarises the views expressed by European users during the outreach activities on the IASB's Discussion Paper Reporting the Financial Effects of Rate Regulation.

• 10/02/2015 - EFRAG's draft comment letter on the IASB's ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7)

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft Disclosure Initiative (Proposed amendments to IAS 7) and seek for constituents' views on the proposals in the exposure draft. Responses to the draft comment letter and to the questions in it are requested by 16 April 2015.

• 03/02/2015 - EFRAG, the OIC and the ASBJ have published a feedback statement that summarises the responses received on the Discussion Paper "Should Goodwill Still Not Be Amortised? - Accounting and Disclosure for Goodwill

  EFRAG, the Italian Standard Setter (OIC) and Accounting Standard Board of Japan (ASBJ) jointly published a feedback statement summarising comments received on the Discussion Paper "Should Goodwill Still Not Be Amortised? - Accounting and Disclosure for Goodwill.

• 03/02/2015 - EFRAG's Final Endorsement Advice on the Annual Improvements to IFRSs 2012-2014 Cycle

  EFRAG has completed its due process regarding the Annual Improvements to IFRSs 2012-2014 Cycle and has submitted its Endorsement Advice Letter to the European Commission.

• 01/02/2015 - EFRAG extends comments deadline on its draft comment letter on the IASB's ED/2014/5 - Classification and Measurement of Share-based Payment Transactions - Proposed amendments to IFRS 2

  EFRAG has decided to extend its own comments deadline to allow all interested stakeholders more time to respond to its draft comment letter on the IASB's Exposure Draft Classification and Measurement of Share-based Payment Transactions. Comments deadline is extended to 9 March 2015.

• 19/01/2015 - EFRAG's letter to the IFRS Interpretations Committee on tentative agenda decisions relating to IFRS 11

  EFRAG published a letter to the IFRS Interpretations Committee on tentative agenda decisions relating to IFRS 11.

• 18/01/2015 - Feedback statement on EFRAG Letter to the IASB on Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging

  EFRAG has published a feedback statement summarising comments in response to the EFRAG Draft Letter to the IASB on Accounting for Dynamic Risk Management

• 15/01/2015 - EFRAG's comment letter on the IASB's Discussion Paper Reporting the Financial Effects of Rate Regulation

  EFRAG has published its comment letter in response to the IASB's Discussion Paper Reporting the Financial Effects of Rate Regulation.

• 14/01/2015 - Share your experience on IAS 8 and contribute to the surveys launched by the OIC (the Italian Standard Setter)!

  The Italian Standard Setter Organismo Italiano di Contabilità (the OIC) launches two surveys on IAS 8 Accounting policies, Changes in Accounting Estimates and Errors. European constituents are invited to respond to the OIC.

• 14/01/2015 - EFRAG's comment letter on the IASB's ED/2014/4 - Proposed amendments to IFRS 10, IFRS 12, IAS 27, IAS 28, IAS 36 and IFRS 13: Unit of Account

  EFRAG has published its comment letter in response to the IASB's Exposure Draft ED/2014/4.

• 07/01/2015 - EFRAG's final comment letter on the IASB proposed amendments to IAS 12 Recognition of Deferred Tax Assets for Unrealised Losses

  EFRAG has published its final comment letter in response to the IASB Exposure Draft ED/2014/3 Recognition of Deferred Tax Assets for Unrealised Losses (Proposed Amendments to IAS 12)

• 18/12/2014 - EFRAG's Final Endorsement Advice on IAS 27 - Equity Method in Separate Financial Statements

  EFRAG has completed its due process regarding the amendments to IAS 27 Equity Method in Separate Financial Statements (The Amendments) and has submitted its Endorsement Advice Letter to the European Commission.

• 15/12/2014 - EFRAG's draft comment letter on the IASB's ED/2014/5 - Classification and Measurement of Share-based Payment Transactions - Proposed amendments to IFRS 2

  EFRAG has published its draft comment letter in response to the IASB's Exposure Draft Classification and Measurement of Share-based Payment Transactions. Responses to the draft comment letter are requested by 30 January 2015.

• 02/12/2014 - EFRAG - EFFAS/ABAF - IASB User Event: Rate-regulated activities: is there anything missing from the balance sheet? - Brussels - 18 December

  EFFAS, ABAF, EFRAG and the IASB are pleased to confirm the speaker panel of their user event due to take place on Thursday 18 December 14.00 - 17.00 hrs. The speakers include Jesùs Lopez Zaballos, EFFAS Chairman; Philippe Danjou, IASB Board Member; Hans Buysse, Member of the EFFAS Executive Management Committee and EFRAG Board Member; Bart Jooris, Equity analyst, Bank Degroof; Myriam Cohen, Equity analyst, Alpha Value; Stefanie Voelz, Vice President - Senior Analyst, Moody's Investors Service Ltd and Françoise Flores, EFRAG TEG Chairman.

• 06/11/2014 - EFRAG - EFFAS/ABAF - IASB User Event: Rate-regulated activities: is there anything missing from the balance sheet?

  EFRAG, EFFAS/ABAF and the IASB announce a new joint event for the User Community, taking place on 18 December in Brussels.