17/02/2012 | EFRAG seeks a new Research Director

EFRAG is seeking a full-time Research Director, who will be based in Brussels and report directly to the EFRAG Chairman. The EFRAG Research Director is part of the EFRAG management team. The Research Director will also be expected to become involved in the wider promotion of EFRAG.

16/02/2012 | EFRAG extends comments deadline on its draft comment letter on ESMA Considerations on Materiality in Financial Reporting

ESMA has extended the deadline for the consultation on the considerations of materiality in financial reporting. For this reason, and to allow all interested stakeholders more time to respond to its draft comment letter, EFRAG has decided to extend its own comments deadline to 16 March 2012.

13/02/2012 | EFRAG SB Summary 8 February

The summary of the EFRAG Supervisory Board meeting held on 8 February 2012 has been published and can be downloaded here.

09/02/2012 | Endorsement Status Report Update

EFRAG has issued its draft endorsement advice letters on IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosures of Interests in Other Entities, IAS 27 Separate Financial Statements and IAS 28 Investments in Associates and Joint Ventures. Therefore, EFRAG has updated the EFRAG Endorsement Status Report, which can be downloaded below and under the menu point 'Endorsement Status'.

09/02/2012 | EFRAG requests comments on its draft endorsement advice(s) and draft effects study report(s) on IFRS 10, IFRS 11, IFRS 12, IAS 28 (2011) and IAS 27 (2011)

EFRAG has issued its initial assessments of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosure of Interests in Other Entities, IAS 27 (amended 2011) Separate Financial Statements and IAS 28 (amended 2011) Investments in Associates and Joint Ventures (the Standards).

02/02/2012 | EFRAG TEG Meeting 22, 23 and 24 February 2012

EFRAG announces that it will hold the next Technical Expert Group (EFRAG TEG) meetings on 22, 23 and 24 February 2012.

31/01/2012 | EFRAG's comment letter in response to the 4th batch of IFRS for SMEs draft Q&As

EFRAG has issued its comment letter in response to the fourth batch of draft Q&As related to the IFRS for SMEs. The comment letter can be downloaded here.

27/01/2012 | EFRAG's draft comment letter on ESMA Considerations of Materiality in Financial Reporting

EFRAG has issued its draft comment letter on ESMA Consultation paper Considerations of Materiality in Financial Reporting. The letter can be downloaded here below. Comments are invited on the letter by 27 February 2012 (extended to 16 March 2012).

26/01/2012 | EFRAG requests comments on its draft endorsement advice and effects study report on Offsetting Financial Assets and Financial Liabilities (Amendments to IAS 32 and IFRS 7)

EFRAG has issued an Invitation to Comment relating to the endorsement for use in the EU of the Amendments to IAS 32 - Offsetting Financial Assets and Financial Liabilities and IFRS 7 - Disclosures–Offsetting Financial Assets and Financial Liabilities. It is consulting both on its assessment of the Amendments to IAS 32 and IFRS 7 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 25 February 2012.

26/01/2012 | Endorsement Status Report Update

EFRAG has issued its draft endorsement advice letters on the Amendments to IFRS 7 Disclosures – Offsetting Financial Assets and Financial Liabilities and Amendments to IAS 32 Offsetting Financial Assets and Financial Liabilities. Therefore, EFRAG has updated the EFRAG Endorsement Status Report, which can be downloaded below and under the menu point 'Endorsement Status'.

23/01/2012 | EFRAG Update January 2012

The January 2012 edition of EFRAG Update, summarising the discussions held at the recent EFRAG TEG meeting, has been published and can be downloaded here.

20/01/2012 | EFRAG's draft comment letter on the IASB's ED Revenue from Contracts with Customers

EFRAG has issued its draft comment letter on the IASB's ED Revenue from Contracts with Customers. The letter can be downloaded here. Comments are invited on the letter by 9 March 2012.

19/01/2012 | EFRAG Draft Comment Letter on the IASB ED Transition Guidance (Proposed amendments to IFRS 10)

EFRAG has issued its draft comment letter on the IASB Exposure Draft Transition Guidance (Proposed amendments to IFRS 10). The letter can be downloaded here. Comments on the letter are invited by 9 March 2012.

21/12/2011 | NEW EFRAG TEG COMPOSITION AS OF APRIL 2012

EFRAG’s Supervisory Board appoints Joanna Frykowska from Ernst & Young Poland and Serge Pattyn from Emerio Belgium as new EFRAG TEG members, and reappoints Mike Ashley as EFRAG TEG Vice-Chairman and Nicklas Grip, Nicolas de Paillerets, Hans Schoen, and Andrea Toselli as EFRAG TEG members.

11/05/2011 | The 2010 EFRAG Annual Review is available!

The EFRAG 2010 Annual Review has been published and is available for download.