EFRAG publishes Due Process Procedures for Financial Reporting Activities

EFRAG has issued the Due Process Procedures for the Financial Reporting Activities (DPP), formalising the process it already applies to its work in financial reporting.

The DPP set out the steps EFRAG must follow in developing European perspectives for the IASB’s standard-setting process, undertaking proactive research, and providing technical advice on the endorsement of IFRS accounting standards.

The document therefore enhances transparency and provides clarity on the processes and procedures EFRAG follows in developing its technical positions.

The DPP were approved by the EFRAG General Assembly on 29 January 2026.