EFRAG Update with summaries for the late October conference call and the November EFRAG TEG meeting
Nov 14, 2011
The European Financial Reporting Advisory Group (EFRAG) has released the November 2011 issue of its EFRAG Update newsletter.
On 26 October 2011, EFRAG held a meeting by public conference call. The EFRAG TEG meeting was held 7 to 8 November 2011. Highlights of the meetings were an Invitation to Comment relating to the endorsement of IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine for use in the European Union and the finalised EFRAG comment letter to the IASB on the Exposure Draft ED/2011/2 Improvements to IFRSs.