European Financial Reporting Advisory Group

PAAinE - Performance Reporting November 2006

Description :

In the context of PAAinE (Pro-active Accounting Activities in Europe), EFRAG initiated a project on “Performance Reporting”. The project is led by the Spanish Standard Setter ICAC together with EFRAG.

Click here for related Working Group.

EFRAG has published a second paper, as follow up from this project in March 2009. Click here.

Documents :

Approved Perf Rep project plan.doc

Responsible :

Paul Ebling

Working groups :

EFRAG Technical Expert Group (EFRAG TEG) - EFRAG Secretariat - PAAinE Performance Reporting Advisory Group (PRAG) -

Current Project Status :

Discussion Paper

Input for Status :

Discussion Paper

Efrag Output

11/02/2009 Summary of Comments received (*.pdf)
27/11/2006 November 2006 European Discussion Paper on Performance Reporting (*.pdf)
EFRAG and ICAC are publishing a Discussion Paper on Performance Reporting entitled 'What (if anything) is wrong with the good old income statement? It is the second paper issued under the auspices of the Pro-active Accounting Activities in Europe (PAAinE). The paper identifies and analyses the arguments of those who believe that fundamental changes are needed to the existing performance reporting model, and also explains the reasoning of those who believe such changes are not needed. Other alleged, non-fundamental, weaknesses are also examined. The paper does not reach any conclusions on the issues, but it sets the scene for a subsequent paper that will explore the underlying issues involved in greater detail.

Comment Letters

25/04/2007 CL20 - PAAinE Performance Reporting DP1 BusinessEurope (*.pdf)
13/04/2007 CL19 - PAAinE Performance Reporting DP1 FEE (*.pdf)
13/04/2007 CL18 - PAAinE Performance Reporting DP1 ACCA (*.pdf)
13/04/2007 CL17 - PAAinE Performance Reporting DP1 Association of British Insurers (*.pdf)
13/04/2007 CL16 - PAAinE Performance Reporting DP1 Svenskt Naeringsliv (*.pdf)
11/04/2007 CL15 - PAAinE Performance Reporting DP1 FSR (DK) (*.pdf)
10/04/2007 CL14 - PAAinE Performance Reporting DP1 SwissHoldings (*.pdf)
31/03/2007 CL13 - PAAinE Performance Reporting DP1 BDO (*.pdf)
30/03/2007 CL12 - PAAinE Performance Reporting DP1 EAPB (*.pdf)
30/03/2007 CL11 - PAAinE Performance Reporting DP1 ICAEW (*.pdf)
30/03/2007 CL10 - PAAinE Performance Reporting DP1 ACS (*.pdf)
30/03/2007 CL09 - PAAinE Performance Reporting DP1 VÖB (*.pdf)
30/03/2007 CL08 - PAAinE Performance Reporting DP1 DSGV (*.pdf)
30/03/2007 CL07 - PAAinE Performance Reporting DP1 ASB (*.pdf)
30/03/2007 CL06 - PAAinE Performance Reporting DP1 LSCA - ICAEW (*.pdf)
30/03/2007 CL05 - PAAinE Performance Reporting DP1 DASB (*.pdf)
29/03/2007 CL04 - PAAinE Performance Reporting DP1 OIC (*.pdf)
29/03/2007 CL03 - PAAinE Performance Reporting DP1 Prof. G. Ceriani and B. Frazza (*.pdf)
21/03/2007 CL02 - PAAinE Performance Reporting DP1 GASB (*.pdf)
16/03/2007 CL01 - PAAinE Performance Reporting DP1 Volkswagen AG (*.pdf)

Other Input

01/06/2006 Members of the Performance Reporting Advisory Group (*.doc)

News Items

European Discussion Paper on Performance Reporting - 27/11/2006