EFRAG draft comment letter on transfers of investment property

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

11 Dec 2015

The European Financial Reporting Advisory Group (EFRAG) has issued a draft comment letter on the IASB exposure draft ED/2015/9 'Transfers of Investment Property (Proposed amendment to IAS 40)'.

In the draft comment letter, EFRAG supports the proposed amendments and believes they will reduce divergence in practice and improve the quality of financial reporting under IFRS.

Comments on EFRAG's draft comment letter are requested by 15 March 2016. For more information, see the press release and the draft comment letter on the EFRAG website.

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