19/06/2013 | EFRAG Feedback Statements

EFRAG has published feedback statements following publication of its final comment letters on three exposure drafts.

19/06/2013 | EFRAG TEG Conference call 26 June 2013

EFRAG announces that it will hold a public conference call on 26 June 2013 from 10:00 to 12:00 CET

17/06/2013 | EFRAG reports on the findings of the field-test on how IFRS 9 would affect the classification and measurement of financial assets

EFRAG has issued a field-test report that summarises the findings received from participants in the field-test on how IFRS 9 would affect the classification and measurement of financial assets. The field-test was undertaken by EFRAG and the National Standard Setters from France, Germany, Italy and the UK to help them formulate their views on the impacts of the application of the new classification and measurement requirements in IFRS 9 and to serve as input to the European Commission’s endorsement process.

14/06/2013 | EFRAG 2012 Annual Review out now!

The EFRAG Annual Review 2012 has been published and is available for download.

07/06/2013 | EFRAG Insider - June edition

Starting this year, EFRAG publishes its Insider newsletter on the web. EFRAG Insider was created in the course of 2010 to inform founding and funding members about current developments in all EFRAG activities and was circulated by email to a restricted list of recipients. As of 2013, it has been decided to distribute it to a wider audience. EFRAG Insider is published every quarter on average.

07/06/2013 | Feedback statement on the questionnaire on subsequent measurement of goodwill

EFRAG and the OIC have issued the feedback statement on the input received from questionnaires on the subsequent measurement of goodwill.

06/06/2013 | Fourth issue of the Conceptual Framework newsletter

EFRAG, ANC, ASCG, FRC and OIC have released the fourth issue of their Conceptual Framework newsletter.

30/05/2013 | Endorsement Status Report Update

On 29 May 2013, the IASB issued an Amendment to IAS 36 Impairment of Assets: Recoverable Amount Disclosures for Non-Financial Assets. Therefore, EFRAG has updated the EFRAG Endorsement Status Report, which can be downloaded below and under the menu point 'Endorsement Status'.

29/05/2013 | EFRAG’s feedback statement on the IASB's ED 'Clarification of Acceptable Methods of Depreciation and Amortisation'

EFRAG is publishing its feedback statement for its final comment letter on the Exposure Draft Clarification of Acceptable Methods of Depreciation and Amortisation'

24/05/2013 | EFRAG CFSS Meetings 12 and 13 June; EFRAG TEG Meetings 12 and 14 June 2013

EFRAG announces that it will hold the next Consultative Forum of National Standard Setters (EFRAG CFSS) and Technical Expert Group (EFRAG TEG) meetings on 12, 13 and 14 June 2013.

24/05/2013 | EFRAG's Draft Comment Letter on the IASB's draft ED/2013/5 Regulatory Deferral Accounts

EFRAG is issuing its draft comment letter on the IASB's ED/2013/5 Regulatory Deferral Accounts. Comments on the letter are invited by 21 August 2013.

23/05/2013 | EFRAG’s feedback statement on ‘Novation of Derivatives and Continuation of Hedge Accounting – Proposed amendments to IAS 39 and IFRS 9’

EFRAG has published its feedback statement for its final comment letter on the Exposure Draft ‘Novation of Derivatives and Continuation of Hedge Accounting – Proposed amendments to IAS 39 and IFRS 9’.

23/05/2013 | EFRAG announces the composition of its new Rate Regulated Activities Working Group

EFRAG TEG has approved in its May meeting the composition of the EFRAG Rate Regulated Activities Working Group.

22/05/2013 | EFRAG and the National Standard Setters ANC, ASCG, FRC and OIC invite companies to participate in field-testing of the proposed accounting guidance for leases

On 16 May 2013, the IASB issued the revised Exposure Draft Leases (ED) to propose changes in the accounting guidance for arrangements that are or contain leases. As one of the consequences, lessees will be required for all arrangements that would fall into the definition of a lease to recognise and measure right-of-use assets at cost and lease liabilities at the present value of the lease payments. EFRAG and the National Standard Setters are performing a field-test in order to evaluate how these proposals would affect European companies applying IFRS. This field-test is carried out by EFRAG with the National Standard Setters ANC, ASCG, FRC and the OIC.

21/05/2013 | EFRAG’s feedback statement on ‘Classification and Measurement: Limited Amendments to IFRS 9’

EFRAG has published its feedback statement for its final comment letter on the Exposure Draft ‘Classification and Measurement: Limited Amendments to IFRS 9’.

21/05/2013 | Endorsement Status Report Update

On 20 May 2013, the IASB issued IFRIC Interpretation 21 Levies, an Interpretation on the accounting for levies imposed by governments. Therefore, EFRAG has updated the EFRAG Endorsement Status Report, which can be downloaded below and under the menu point 'Endorsement Status'.

15/05/2013 | EFRAG Update May 2013

The May 2013 edition of EFRAG Update, summarising the discussions held at the May EFRAG TEG meeting and in EFRAG TEG conference calls held on 11, 18 and 29 April, has been published and can be downloaded here.

08/05/2013 | EFRAG’s Public Consultation – Is there a need for specific financial reporting for long-term investing activities business models?

EFRAG is launching public consultation on long-term investing activities business models.

29/04/2013 | EFRAG's Draft Comment Letter on the IASB's ED/2013/4 Defined Benefit Plans: Employee Contributions

EFRAG has issued its draft comment letter on the IASB's ED/2013/4 Defined Benefit Plans: Employee Contributions. Comments on the letter are invited by 5 July 2013.