EFRAG publishes November 2020 issue of 'EFRAG Update'
07 Dec, 2020
The European Financial Reporting Advisory Group (EFRAG) has published an 'EFRAG Update' summarising public technical discussions held and decisions made during November 2020.
The update reports on the EFRAG TEG webcast meeting on 10 November. The publication also covers the activities of the European Reporting Lab.
The update also lists EFRAG publications issued in November including:
- EFRAG' draft endorsement advice letter and separate invitation to comment relating to the endorsement for use in the EU of Classification of Liabilities as Current or Non-current and Deferral of Effective Date (Amendments to IAS 1);
- EFRAG's final comment letter in response to the IASB's Exposure Draft 2019/7 General Presentation and Disclosures;
- EFRAG's feedback statement on the draft comment letter to the IASB's 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 feedback statement that summarises the main comments received by EFRAG on its draft comment letter to the IASB ED/2019/7 General Presentation and Disclosures and explained how those comments were considered by EFRAG during its technical discussions leading to the publication of EFRAG’s final comment letter.
Please click to download the November EFRAG Update from the EFRAG website.