EFRAG draft comment letters
It is part of the ambit of the European Financial Reporting Advisory Group (EFRAG) to participate in IASB's standard setting process and to coordinate within the European Union (EU) the development of views concerning international accounting standards.
To this end, EFRAG publishes draft comment letters on most International Accounting Standards Board (IASB) and IFRS Interpretations Committee exposure drafts early in the consultative process, for the benefit of constituents and to elicit views on the tentative positions taken.
We post EFRAG draft comment letters to IAS Plus for the benefit of our readers because they offer a thorough analysis of the issues at stake early in the process and can serve as a basis for further analysis.
This page accumulates news stories and other information about the EFRAG draft comment letters. Final EFRAG comment letters are posted to IAS Plus if they offer alternative views or analysis that differs from the general consensus of comment letters submitted to the IASB or the IFRS Interpretations Committee. All of EFRAG's final comment letters to IASB and IFRIC can be found on EFRAG's Website www.efrag.org (you must retrieve the letters project by project).