EFRAG publishes October 2017 issue of 'EFRAG Update'
31 Oct, 2017
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during October 2017.
The Update reports on the EFRAG Board meeting on 10 October, the EFRAG TEG conference call on 17 October and the EFRAG TEG meeting on 25-26 October. The Update also lists EFRAG publications issued in October:
- EFRAG's draft endorsement advice letter and invitation to comment relating to the endorsement for use in the EU of the IASB's publication Prepayment Features with Negative Compensation (Amendments to IFRS 9);
- EFRAG's final comment letter in response to the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure;
- EFRAG's draft comment letter in response to the IASB's Exposure Draft ED/2017/6 Definition of Material;
- EFRAG's feedback statement following the publication of its final comment letter on the IASB's Exposure Draft ED/2017/2 Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34);
- EFRAG's summary report on the academic workshop it hosted on 5 September 2017 to debate ideas on some of the main issues around measurement (e.g. uncertainty and discounting) and how these could be investigated;
- EFRAG's summary report on the joint user outreach event organised together with EFFAS, the IASB, the AIAF and the OIC in Milan on 18 September 2017 covering discussions on Better Communication in Financial Reporting, Goodwill and Insurance Contracts; and
- EFRAG's summary report on the joint stakeholder conference organised together with the OIC in Rome on 9 October 2017 covering discussions on Impact Analysis and Better Communication in Financial Reporting.
Please click to download the October EFRAG Update from the EFRAG website.
