EFRAG Update detailing June and July EFRAG developments
19 Jul, 2013
The European Financial Reporting Advisory Group (EFRAG) has released a new issue of its EFRAG Update newsletter summarising the discussions held at the EFRAG TEG meetings of 4 and 15-17 July 2013 and EFRAG TEG conference call held on 26 June 2013.
Highlights were the publication of:
- three draft Endorsement Advice:
- two final Endorsement Endorsement Advice:
- two draft comment letters on the IASB EDs:
- two final comment letters on the IASB EDs:
- Financial Instruments: Expected Credit Losses
- Defined Benefit Pension Plans: Employee Contributions (Proposed Amendments to IAS 19)
Additional topics discussed in the newsletter are:
- Insurance ED
- Macro Hedge Accounting project
- IASB Discussion Paper on Conceptual Framework
- EFRAG Public Consultation Is there a need for specific financial reporting for long-term investing activities business models?
- EFRAG/ANC/FRC Proactive Project The Role of the Business Model in Financial Reporting
- EFRAG/OIC/ICAC/DASB Proactive Project Separate Financial Statements
Click for the EFRAG Update (link to EFRAG website).