EFRAG publishes July 2021 issue of ‘EFRAG Update’
02 Aug, 2021
The European Financial Reporting Advisory Group (EFRAG) has published an ‘EFRAG Update’ summarising public technical discussions held and decisions made during July 2021.
The update reports on the EFRAG Board webcast meeting on 7 July and the EFRAG TEG webcast meeting on 14 -15 July. The update also covers the activities of the European Reporting Lab as well as webinars and online outreaches.
The update also lists EFRAG publications issued in July including:
- EFRAG's final endorsement advice letter on Definition of Accounting Estimates (Amendments to IAS 8);
- EFRAG's final endorsement advice letter on Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2);
- EFRAG's draft endorsement advice letter and separate invitation to comment on Deferred Tax related to Assets and Liabilities arising from a single transaction (Amendments to IAS 12);
- EFRAG's draft comment letter in response to the IFRS PRactice Statement Exposure DRaft ED/2021/6 Management Commentary.
Please click to download the July EFRAG Update from the EFRAG website.
