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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).​

​After three years of existence, vacancies have arisen at the EFRAG Rate-regulated Activities Working Group (EFRAG RRAWG), in particular with the publication of an IASB Exposure Draft in the first half of 2020 in perspective. Therefore EFRAG is now launching a call for applicants to renew the existing membership of the EFRAG RRAWG and to launch a call for new applicants.

The EFRAG RRAWG supports EFRAG TEG in providing technical advice to the EFRAG Board on the financial reporting issues arising from rate-regulated activities. The EFRAG RRAWG contributes specialist accounting expertise along with knowledge of the industry sectors subject to rate-regulation, with an emphasis on specific European circumstances.

The EFRAG RRAWG is expected to meet four times annually (or more or less frequently as necessary) in Brussels, with meetings lasting one day. Meetings will be organised so as to enable most members to travel to and from Brussels on the same day.

Members of the EFRAG RRAWG should have good knowledge of the rate-regulated environment, technical expertisepractical experience of rate-regulated activities and the related financial reporting issues, along with a sound understanding of more general IFRS issues and practice. The selection of members will aim to ensure a good mix of different professional backgrounds, e.g. preparers, auditors, users, academics and standard-setters. A geographical balance will also be respected. Members are appointed in a personal capacity, no substitution is allowed.

Current members are eligible for reappointment, taking into account a balanced overall composition of the EFRAG RRAWG.

The size of the group is limited to 16 members.

The Terms of Reference can be downloaded here​.

Applications, in the form of a CV and a covering letter, specifying your involvement in the IASB project so far, should be sent to EFRAG at no later than 20 January 2020.​