EFRAG to conduct field-testing on IASB’s project on primary financial statements

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Mar 06, 2020

On March 6, 2020, the European Financial Reporting Advisory Group (EFRAG), in coordination with European National Standard Setters and the IASB, will conduct field-testing on the IASB’s Exposure Draft ED/2019/7, "General Presentation and Disclosures", and invites companies to participate in the field-testing.

The field-testing will help "identify potential implementation and application concerns, to determine whether there is a need for additional guidance, and to estimate the effort required to implement and apply the proposals". The deadline to participate in the field-testing is March 20, 2020.

Review the press release on the EFRAG’s website.

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