Summary report on the EFRAG symposium on connectivity
27 Sep, 2023
On 26 May 2023, EFRAG offered a symposium on connectivity at the annual congress of the European Accounting Association (EAA).
The event saw a panel discussion with IASB Vice-Chair Linda Mezon-Hutter on connectivity where participants discussed:
- Aspects of connectivity (What does it mean? What are users' needs? What are the roles of EFRAG and the IFRS Foundation?)
- Mechanisms for connectivity and the roles of financial reporting versus sustainability reporting (How does connectivity operate in practice? What is the role of the time horizons? How can technology be used to navigate and process financial and sustainability information?)
- Impact of having different types of users (What is the impact of having different types of users, particularly under a double materiality regime? Would the role of connectivity be different for different user groups?)
- Visions for connectivity for 2030 and expectations from academics.
EFRAG has now published a report summarising the discussions on its website.
