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EFRAG 2005 annual review

May 25, 2006

The European Financial Reporting Advisory Group (EFRAG) has published its Annual Review for 2005 (PDF 1,540k).

EFRAG identifies the following among its 'most notable accomplishments':
  • Enhanced role through entering into the formal 'Working Arrangement' with the European Commission
  • An official IASB invitation to meet regularly with IASB Board Members on the convergence project
  • Setting up of the 'Pro-active Accounting Activities in Europe' project in partnership with national standard setters