EFRAG publishes November 2017 issue of 'EFRAG Update'
27 Nov, 2017
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during November 2017.
The Update reports on the EFRAG Board meeting on 9 November, the EFRAG TEG conference call on 8 November, the EFRAG TEG and EFRAG CFSS meeting on 22 November and the EFRAG TEG meeting on 23 November.
The Update also lists EFRAG publications issued in November:
- EFRAG's final endorsement advice on IFRIC 23 Uncertainty over Income Tax Treatments;
- EFRAG's final endorsement advice on Prepayment Features with Negative Compensation (Amendments to IFRS 9);
- EFRAG's final comment letter on the IASB's ED/2017/4 Property, Plant and Equipment - Proceeds before Intended Use (Proposed amendments to IAS 16);
- EFRAG's feedback statement summarising the main comments received in response to its draft comment letter on the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure and how these comments were considered in EFRAG’s final comment letter to the IASB; and
- EFRAG's call for volunteers to participate in a case study on the anticipated impact of IFRS 17 Insurance Contracts on a sample of European insurance groups.
Please click to download the November EFRAG Update from the EFRAG website.