Although an agenda and the papers for the meeting are not yet available, it has obviously been set up to discuss the feedback received on exposure draft ED/2021/2 Covid-19-Related Rent Concessions beyond 30 June 2021 (Proposed amendment to IFRS 16) published in February. The time frame on that project is rather tight as the Board intends to finalise the amendment by the end of this month so that it can become effective on 1 April 2021.

Update: On 5 March 2021, the IASB has issued the agenda and meeting papers for this meeting. The discussions will consist of (1) feedback and project redeliberations and (2) due process and permission to ballot.

Through a case-study-based survey, the project aims to obtain the opinion of preparers, users, and other relevant stakeholders, on the preparation and use of the information on intangibles with a focus on the following matters:

• What are the measures and disclosures on unreported intangibles that are considered to be critical by users of this information (investors and financial analysts)?
• When disclosed, how is information on intangibles used and what is its perceived role with regards to stewardship and decision-making?
• What is the view of preparers on information on unaccounted intangibles?

The research project is supported by EFFAS, EFRAG and ICAS and the survey can be accessed through the press release on the EFRAG website.

Please click to access the updated alignment dashboard prepared for the March 2021 IPSASB meeting on the IPSASB website.

In this context, please also so our 2021 edition of IPSAS in your pocket published in February.

The update reports on the EFRAG Board webcast meeting on 3 February 2021 and the European Lab Steering Group webcast on 17 February. The publication also covers the activities of the European Reporting Lab.

The update also lists EFRAG publications issued in February including:

• EFRAG’s final comment letter in response to the IASB's Exposure Draft ED/2021/2 Covid-19-Related Rent Concessions beyond 30 June 2021 (Proposed Amendments to IFRS 16).
• EFRAG’s feedback statement in response to its draft comment letter on the IASB Discussion Paper DP/2020/1 Business Combinations—Disclosures, Goodwill and Impairment.
• EFRAG’s draft comment letter in response to the IASB's Discussion Paper DP/2020/2 Business Combinations under Common Control and seeks constituents' views on the proposals.
• EFRAG’s draft comment letter in response to the IASB's Exposure Draft ED/2021/2 Covid-19-Related Rent Concessions Beyond 30 June 2021 (Proposed Amendments to IFRS 16).

Please click to download the February EFRAG Update from the EFRAG website.

EFRAG submitted its final comment letter ​on 28 January 2021. 

The feedback statement summarises the main comments received by EFRAG on its draft comment letter and explains how the comments​ were considered by EFRAG during its tec​hnical discussions leading to the publication of EFRAG's final comment letter.

A press release and the feedback statement are available on the EFRAG website.