EFRAG to hold roundtable concerning financial reporting for long-term investing business models

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

21 Jun, 2013

The European Financial Reporting Advisory Group (EFRAG) will hold a roundtable meeting on 8 July 2013 in Brussels to facilitate a discussion with European constituents regarding “the financial reporting aspects of long-term investing business models and financial reporting issues raised in the EC Green Paper on the long-term financing, more particularly on the use of fair value accounting for long-term investments.”

The roundtable will consist of panelists from entities involved in long-term investing activities, as well as, users of financial statements. The main topics to be discussed at the roundtable are:

How a “long-term investment” business model could be characterised in the context of financial reporting; Whether a ‘long-term investment’ business model could be supported by appropriate objective evidence and what the observable characteristics are;

Whether specific accounting for long term investing activities could provide greater relevance in financial reporting; and whether the use of fair value accounting provides relevant information on long term investing activities.

Registration is accepted up to 5 July. Additional information is available on the EFRAG website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.