EFRAG publishes December 2021 issue of EFRAG Update
07 Jan, 2022
The European Financial Reporting Advisory Group (EFRAG) has published an ‘EFRAG Update’ summarising public technical discussions held and decisions made during December 2021.
The update reports on the EFRAG TEG webcast meeting on 21-22 December, EFRAG's sustainability reporting and related activities as well as webinars and online outreaches.
The update also lists publications issued in December including:
- EFRAG's final endorsement advice on amendments to IAS 12 Income Taxes;
- EFRAG's draft endorsement advice on the amendment to IFRS 17 Insurance Contracts;
- EFRAG's final comment letter on the International Accounting Standard Board's (IASB's) exposure draft on Management Commentary;
- An EFRAG Secretariat briefing to stimulate debate within Europe and clarify the possible impacts of the IASB's proposal on Subsidiaries without Public Accountability: Disclosures; and
- EFRAG's field test Feedback Statement summarising the input received from the field testing of the proposals in the IASB's Exposure Draft Disclosure Requirements in IFRS Standards - A Pilot Approach
Please click to download the December EFRAG update from the EFRAG website.