EFRAG issues Endorsement Advice on Amendments to the Reduced Disclosure Standard
EFRAG has published its final endorsement advice on the Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures, concluding that the amendments meet all technical endorsement criteria and are conducive to the European public good. EFRAG, therefore, recommends their endorsement in the EU.
In its assessment, EFRAG has concluded that the Amendments to IFRS 19 meet the qualitative characteristics of useful information required to support economic decisions, and that the assessment of stewardship would improve financial reporting while achieving an acceptable cost-benefit trade-off.
About Amendments to IFRS 19
Published by the IASB on 21 August 2025, the Amendments to IFRS 19 complete the reductions in disclosure requirements for new or amended IFRS Accounting Standards issued between February 2021 and May 2024.
The endorsement advice on the Amendments to IFRS 19 enables the European Commission to work on the endorsement of the full package of reduced disclosure requirements alongside the endorsement advice on IFRS 19 Subsidiaries without Public Accountability: Disclosures.