EFRAG publishes January 2023 issue of EFRAG Update
02 Feb, 2023
The European Financial Reporting Advisory Group (EFRAG) has published an ‘EFRAG Update’ summarising public technical discussions held and decisions made during January 2023.
The update reports on the EFRAG Financial Reporting Board (EFRAG FRB) webcast meeting on 27 January 2023, the EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) webcast meetings on 18 and 19 January 2023 and the joint physical meeting of the EFRAG FR TEG and EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG) on 17 January 2023.
The update also lists EFRAG publications issued in January including:
- EFRAG's Final Endorsement Advice Letter relating to its due process regarding Lease Liability in a Sale and Leaseback (Amendments to IFRS 16)
- EFRAG's Draft Comment Letter in response to the IASB's
Exposure Draft 2023/1 International Tax Reform - Pillar Two Model Rules (Proposed Amendments to IAS 12) - EFRAG and ICAS's Academic Study: Do companies disclose relevant information about intangibles? – insights from business model reporting and risk reporting
- EFRAG and ICAS's Academic Study: The theory and practice of discounting in financial reporting under IFRS
The update also covers EFRAG's sustainability reporting and related activities.
Please click to download the January EFRAG Update from the EFRAG website.