EFRAG publishes May 2020 'EFRAG Update'
05 Jun, 2020
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during May 2020.
The update reports on the EFRAG Board webcast meeting on 11 and 18 May, the EFRAG Board and EFRAG TEG joint webcast meeting on 26 May, the EFRAG TEG webcast meetings on 6 and 11 May as well as the meeting of the European Lab Steering Group on 28 May.
The update also lists EFRAG publications issued in May:
- EFRAG’s final comment letter in response to the IASB Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16);
- EFRAG’s final comment letter in response to the IASB Exposure Draft ED/2020/1 Interest Rate Benchmark Reform – Phase 2 (proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16);
- EFRAG's draft comment letter in response to the IASB Exposure Draft Classification of Liabilities - Deferral of Effective Date - Proposed amendments to IAS 1;
- EFRAG's draft comment letter in response to the IASB's Discussion Paper DP/2020/1 Business Combinations—Disclosures, Goodwill and Impairment; and
- EFRAG's 2019 Annual Review summarising EFRAG activities in the field of financial and corporate reporting.
Please click to download the May EFRAG Update from the EFRAG website.