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