EFRAG Update detailing its October and November developments
14 Nov 2013
The European Financial Reporting Advisory Group (EFRAG) has released a new issue of its EFRAG Update newsletter, summarising the discussions held at the 6–8 November EFRAG TEG meeting and the EFRAG TEG conference calls held on 23 October and 29 October 2013.
Highlights were the publication of:
- Final comment letter on IASB ED Agriculture — Bearer Plants.
- Soon to be issued final comment letter on IASB ED Insurance Contracts.
- Draft comment letter on IASB ED IFRS for SMEs.
- Results of the field-test on leases ED.
- Feedback statement on the EFRAG comment paper on bearer plants ED.
Additional topics discussed in the newsletter are:
- IASB ED on insurance contracts.
- IASB ED on bearer plants.
- IASB discussion paper on the conceptual framework.
- EFRAG/DASB/ICAC/OIC proactive project on separate financial statements.
- EFRAG/OIC proactive project on business combinations under common control.
- Long-term asset-driven investment business models.
- IASB ED on leases.
- Macro hedging.
- Impairment.
Click for the EFRAG Update (link to EFRAG website).