EFRAG publishes July 2015 issue of 'EFRAG Update'
12 Aug, 2015
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during July 2015.
The Update reports on the meetings of the EFRAG Board on 21 and 22 July and conference call on 29 July, the meeting of the EFRAG Technical Expert Group (EFRAG TEG) on 9 - 10 July as well as the joint EFRAG TEG and CFSS meeting on 8 July. The Update also lists EFRAG publications issued in July:
- EFRAG’s final endorsement advice to the European Commission on the IASB publication, Investment Entities: Applying the Consolidation Exception (Amendments to IFRS 10, IFRS 12 and IAS 28);
- EFRAG’s final comment letter in response to the IASB Exposure Draft ED 2015/2 Effective Date of IFRS 15 (proposed amendments to IFRS 15);
- EFRAG’s draft comment letter in response to the IASB Exposure Draft ED 2015/5 Remeasurement on a Plan Amendment, Curtailment or Settlement/Availability of a Refund from a Defined Benefit Plan (proposed amendments to IAS 19 and IFRIC 14);
- EFRAG’s public consultation document on the IASB Exposure Draft ED 2015/3 Conceptual Framework for Financial Reporting;
- EFRAG’s feedback statement summarising responses received to its draft comment letter on the IASB Exposure Draft ED 2015/1 Classification of Liabilities – Proposed amendments to IAS 1;
- EFRAG’s feedback statement on the input received during the individual, insurance specialist user outreach on the potential deferral of the IFRS 9 effective date for insurers;
- EFRAG’s letter to the IASB requesting an extension of the comment period related to the IASB Exposure Draft ED 2015/3 Conceptual Framework for Financial Reporting;
- EFRAG’s letter to the European Commission on the deferral of the effective date of IFRS 15;
- EFRAG’s short discussion paper The Statement of Cash Flows: Issues for Financial Institutions; and
- EFRAG’s bulletin Conceptual framework – Getting a Better Framework: Profit or Loss versus OCI.
Please click to download the July EFRAG Update from the EFRAG website.
