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EFRAG Update detailing its February developments

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

10 Mar 2014

The European Financial Reporting Advisory Group (EFRAG) has released a new issue of its EFRAG Update newsletter, summarising the discussions held on the EFRAG TEG conference calls of 7 and 18 February 2014, the EFRAG CFSS meeting on 26–27 February 2014, and at the EFRAG TEG meeting of 26–28 February 2014.

Highlights were the publication of:

  • Final comment letters on IASB EDs Equity Method in Separate Financial Statements and IFRS for SMEs
  • EFRAG TEG approval of a comment letter on IASB ED Annual Improvements to IFRSs 2012–2014 Cycle and feedback statement on the IASB DP A Review of the Conceptual Framework for Financial Reporting
  • Feedback statement on the IASB ED Equity Method in Separate Financial Statements
  • Letter to the IASB on the EFRAG Project Accounting for Interests in Joint Operations structured through a separate vehicle in separate financial statements

Additional topics discussed in the newsletter are:

Click for the EFRAG Update (link to EFRAG website).

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