EFRAG posts final and draft comment letters
The European Financial Reporting Advisory Group (EFRAG) has published final and draft comment letters on a number of IASB proposals.
EFRAG has submitted to the IASB its final comments on the IASB's proposals for Strengthening IASB's Deliberative Process (PDF 38k).
Also, EFRAG has submitted its final endorsement advice to the European Commission Recommending Adoption of IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities (PDF 35k).
Further, EFRAG has drafted its preliminary views on the following IASB and IFRIC proposals and is seeking comments by the dates indicated:
- IFRIC D7 Scope of SIC 12 Consolidation - Special Purpose Entities (20 August 2004)
- IFRIC D8 Members' Shares in Co-operative Entities (20 August 2004)
- ED Amendments to IAS 39: Cash Flow Hedge Accounting of Forecast Intragroup Transactions (24 September 2004)
- ED Amendments to IAS 39: Transition and Initial Recognition of Financial Assets and Liabilities (24 September 2004)
The final comment letters and draft preliminary views can all be downloaded from EFRAG's website www.efrag.org.