EFRAG publishes May 2023 issue of EFRAG Update
06 Jun, 2023
The European Financial Reporting Advisory Group (EFRAG) has published an ‘EFRAG Update’ summarising public technical discussions held and decisions made during May 2023.
The update reports on the EFRAG Financial Reporting Board (EFRAG FRB) and EFRAG Sustainability Reporting Board (SRB) meeting on 3 May 2023, the EFRAG FRB webcast meeting on 3 May 2023, the EFRAG Financial Reporting Technical Expert Group (FR TEG) and EFRAG User Panel meeting on 10 May 2023, and the EFRAG FR TEG meeting on 11 May 2023,
The update also lists EFRAG publications issued in May including:
- EFRAG's draft Comment Letter in response to the IASB's Exposure Draft ED/2023/2 Amendments to the Classification and Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFRS 7).
- EFRAG's academic study: The production and consumption of information on intangibles: An empirical investigation of preparers and users.
- EFRAG's draft Comment Letter to the ISSB’s Exposure Draft: Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates.
The update also covers EFRAG's sustainability reporting and related activities.
Please click to download the May 2023 EFRAG Update from the EFRAG website.