This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

EFRAG, EFFAS/ABAF, and IASB issue summary of outreach event on profit or loss and OCI

  • IFRS - EFRAG Image
  • IFRS - IASB Image

Sep 09, 2015

On September 9, 2015, the European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS) and the Association Belge des Analystes Financiers (ABAF), and the International Accounting Standards Board (IASB) issued a summary report related to their joint outreach event held on July 1, 2015 related to Exposure Draft ED/2015/3 "Conceptual Framework for Financial Reporting".

Specifically, members of the panel and participants of the outreach event discussed how profit or loss (P&L) could become more useful and what the role of other comprehensive income (OCI) may be.

The EFRAG will consider the feedback received from the outreach event for its comment letter to the exposure draft.

Review the press release and the report on the EFRAG’s Web Site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.