EFRAG issues final endorsement advice on annual improvements 2012-2014
04 Feb, 2015
The European Financial Reporting Advisory Group (EFRAG) has submitted to the European Commission its endorsement advice letter on the amendments resulting from the 2012–2014 cycle of annual improvements.
EFRAG supports the amendments. The EFRAG's assessment is that benefits for preparers and users implementing the amendments outweigh the costs and therefore EFRAG recommends that the European Commission (EC) endorses the amendments.
Click for the following information on the EFRAG website:
- Press release
- Endorsement Advice Letter to the EC (including Basis for Conclusions and Evaluation of costs and benefits
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Updated EFRAG endorsement status report.