EFRAG publishes August 2019 issue of 'EFRAG Update'
23 Aug, 2019
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during August 2019.
The update reports on the EFRAG Technical Expert Group (TEG) meeting on 13 August 2019 and written procedures during August 2019 including the approval of the EFRAG Board's final comment letter on the IASB Exposure Draft ED/2019/2 Annual Improvements to IFRS Standards 2018-2020. This was also the only publication issued by EFRAG in August 2019.
The update also notes that the EFRAG Board is expected to approve the following documents in September using written procedures:
- EFRAG draft comment letter on the IASB Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities Arising from a Single Transaction (Amendments to IAS 12); and
- EFRAG final comment letter on the IASB Exposure Draft ED/2019/3 Reference to the Conceptual Framework (Amendments to IFRS 3)
Please click to download the August EFRAG Update from the EFRAG website.