EFRAG to conduct field-testing on IASB’s project on primary financial statements

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

06 Mar, 2020

The EFRAG, in coordination with European National Standard Setters and the IASB, will conduct field-testing on the IASB’s Exposure Draft ED/2019/7, ‘General Presentation and Disclosures’, and invites companies to participate in the field-testing.

The field-testing will help ‘identify potential implementation and application concerns, to determine whether there is a need for additional guidance, and to estimate the effort required to implement and apply the proposals’. The deadline to participate in the field-testing is 3 April 2020.

For more information, see the press release on the EFRAG’s website.  A summary report of the results of the field test is available on the EFRAG website here.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.