EFRAG publishes May 2019 issue of 'EFRAG Update'
07 Jun, 2019
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during May 2019.
The update reports on the EFRAG Board conference call on 13 May 2019, and the EFRAG TEG conference call on 9 May 2019. The update also lists an EFRAG publication issued in May:
- EFRAG's draft comment letter in response to the IASB's Exposure Draft ED 2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39);
- EFRAG's discussion paper Accounting for Pension Plans with an Asset-Return Promise;
- EFRAG's public consultation to gather constituents' views on whether alternative accounting treatments to those in IFRS 9 are needed to portray the performance and risks of equity and equity-type instruments held in long-term investment business models;
- EFRAG's summary report of the key points discussed and feedback received during the European Reporting Lab@EFRAG conference on Fostering Innovation in Corporate Reporting held on 5 March 2019; and
- EFRAG's short video presenting abstracts from the high-level discussions that took place at the European Reporting Lab@EFRAG conference on Fostering Innovation in Corporate Reporting held on 5 March 2019.
Please click to download the May EFRAG Update from the EFRAG website.