• Activities
• Meetings & Events
• EFRAG
• All News

EFRAG news

• 21/01/2025 - December 2024 EFRAG Update

  ​The December 2024 EFRAG Update is now available.
  

• 16/12/2024 - November 2024 EFRAG Update

  ​The November 2024 EFRAG Update is now available.
  

• 18/11/2024 - October 2024 EFRAG Update now available

  ​The October 2024 EFRAG Update is now available.
  

• 14/11/2024 - EFRAG calls for new members of its EFRAG Rate-regulated Activities Working Group

  ​EFRAG is renewing its Rate-regulated Activities Working Group (EFRAG RRAWG) to support the endorsement process for a new IFRS Accounting Standard on regulatory assets and liabilities, expected in late 2025. The group seeks additional members, particularly from preparers and users, with expertise in rate-regulated environments and financial reporting. 

  Application deadline: 15 December 2024.
  

• 13/11/2024 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 21, The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability is now reflected in the Endorsement Status Report.
  

• 10/10/2024 - September 2024 EFRAG Update Now Available

  ​​​​The September 2024 EFRAG Update is now available. 
  

• 09/09/2024 - August 2024 EFRAG Update Now Available

  ​​​The August 2024 EFRAG Update is now available. 
  

• 30/08/2024 - Join the EFRAG Financial Reporting TEG: deadline for applications 31 October 2024

  ​EFRAG is now calling for technical experts in accounting and financial reporting with a wide range of backgrounds and geographical origins to join its Financial Reporting Technical Expert Group (EFRAG FR TEG). EFRAG FR TEG provides technical advice to the EFRAG Financial Reporting Board (EFRAG FRB) related to IFRS pronouncement, endorsement advice to the European Commission and proactive research work.
  

• 01/08/2024 - July 2024 EFRAG Update Now Available

  ​​The July 2024 EFRAG Update is now available. 
  
  

• 19/07/2024 - EFRAG Endorsement Status Report - Update

  ​The EFRAG Endorsement Status Report now reflects the publication of Annual Improvements Volume 11 by the IASB on 18 July 2024.
  

• 15/07/2024 - June 2024 EFRAG Update Now Available

  ​The June 2024 EFRAG Update is now available. Click here to read it: EFRAG Update June 2024.pdf
  

• 09/07/2024 - EFRAG is seeking technical staff under short-term contracts to enhance impact and sector expertise in its ESRS work

  ​To ensure that EFRAG's standard-setting and implementation support activities are prepared following a unique multi-stakeholder approach, EFRAG seeks additional civil society, impact and SME experts as well as other experts. Expertise in specific sectors will be an added value. Therefore, EFRAG is looking to hire technical experts – freelancers (natural persons or one-person companies), paid secondments and temporary employees – under short-term contracts with a start date in the second half of September or the beginning of October. Applications are preferably received by 19 August 2024.
  

• 27/06/2024 - Press release - The EFRAG General Assembly Appoints Benoit Jaspar as the New EFRAG Administrative Board President

  ​EFRAG is pleased to announce the appointment of Benoit Jaspar as the new President of the EFRAG Administrative Board starting 1 July 2024. This appointment was made yesterday, 26 June 2024, by the EFRAG General Assembly. Benoit Jaspar will succeed Hans Buysse, who will continue to serve as a board member representing the user sector.
  

  Download the press release.
  

• 26/06/2024 - EFRAG WELCOMES NEW FRIENDS OF EFRAG – SUSTAINABILITY REPORTING

  ​We are happy to announce that 11 companies have officially become Friends of EFRAG, demonstrating their commitment to sustainability reporting and supporting EFRAG's mission.
  

• 25/06/2024 - Report with key messages from the 17-19 April 2024 IFASS meeting now available

  ​A report with the key messages and points of discussion from the financial and sustainability reporting topics covered at the April 2024 IFASS (International Forum of Accounting Standard Setters) meeting has been issued.
  Read the report here. 
  

• 20/06/2024 - TNFD and EFRAG publish correspondence mapping

  ​The Taskforce on Nature-related Financial Disclosures (TNFD) and EFRAG have jointly published a mapping of the correspondence between the European Sustainability Reporting Standards (ESRS) and the TNFD's recommended disclosures and metrics, illustrating the high level of commonality achieved. This assessment highlights that all 14 TNFD recommended disclosures are reflected in the ESRS. 
  

  Access the TNFD-ESRS correspondence mapping.
  

  Download the press release.
  

• 05/06/2024 - May 2024 EFRAG Update Now Available

  ​The May 2024 EFRAG Update is now available. Click here to read it: EFRAG Update May 2024.pdf
  

• 31/05/2024 - Finalization of Three EFRAG ESRS IG Documents (EFRAG IG 1 to 3)

  ​EFRAG is pleased to announce the finalization of its first three ESRS Implementation Guidance documents issued today reflecting the outcome of the public feedback: EFRAG IG Materiality Assessment, EFRAG IG 2 Value Chain and EFRAG IG 3 ESRS Datapoints. Feedback statements prepared by the EFRAG Secretariat are also released illustrating how the public feedback is reflected in the final IGs.

  These publications were open for public feedback from 22 December 2023 to 2 February 2024, and they address the most challenging aspects of ESRS implementation:

  • EFRAG IG 1: Materiality Assessment
  • EFRAG IG 2: Value Chain
  • EFRAG IG 3: Detailed ESRS Datapoints and Accompanying Explanatory Note

• 31/05/2024 - EFRAG Endorsement Status Report - Update

  The Endorsement Status Report now reflects the publication of Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) by the IASB on 30 May 2024.
  

• 30/05/2024 - EFRAG Releases New ESRS Q and A Technical Explanations

  Today, EFRAG announces the release of 44 new Explanations and of the Compilation of Technical Explanations produced so far, which comprises multiple batches of explanations that were already published in February and March 2024, to assist stakeholders in the implementation of the ESRS via the EFRAG ESRS Q&A Platform.  
  

  Click here to access the document.   
  

• 27/05/2024 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of IFRS 19 Subsidiaries without public accountability: Disclosures by the IASB on 9 May 2024.
  

• 17/05/2024 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7) is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here.
  

• 10/05/2024 - New translation of the VSME ED in Polish

  ​EFRAG is pleased to announce that, in addition to the unofficial translations in German, French, Italian,  Spanish and Greek, an unofficial translation of the VSME ED is now available in Polish, facilitating the participation of Polish-speaking constituents in the public consultation.

  The translated document developed by Polish Chamber of Commerce can be found here.
  

• 10/05/2024 - EFRAG SR TEG New Composition

  EFRAG announces the new composition of the EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG). The EFRAG SR TEG welcomes 12 new members and expresses its gratitude to the 9 departing members. The 15 members, including Sigurt Vitols as Vice-Chair, are reappointed for a further mandate starting on 1 May 2024. Chiara Del Prete also continues to serve as EFRAG SR TEG Chair, under a three year mandate.
  

• 10/05/2024 - April 2024 EFRAG Update Now Available

  ​The April 2024 EFRAG Update is now available. Click here to read it: EFRAG Update April 2024.pdf
  

• 02/05/2024 - IFRS Foundation and EFRAG publish interoperability guidance

  ​The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board's IFRS Sustainability Disclosure Standards and the European Sustainability Reporting Standards (ESRS) and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures. Having first worked during the development of the ISSB Standards and ESRS to deliver a high degree of alignment, today's publication now provides practical support that explains how companies can efficiently comply with both sets of standards. 
  

  Download the guidance material.
  

  Download the press release.
  

  Join us for the EFRAG-ISSB Joint Event "Unlocking Synergy: Interoperability Guidance on IFRS Sustainability Disclosure Standards and European Sustainability Reporting Standards" on 23 May 2024 from 14.00 to 16.00 CET, in Brussels or online. More info & registration here.
  

• 30/04/2024 - EFRAG WELCOMES NEW FRIENDS OF EFRAG – SUSTAINABILITY REPORTING

  ​We are happy to announce that 10 companies have officially become Friends of EFRAG, demonstrating their commitment to sustainability reporting and supporting EFRAG's mission.
  

• 29/04/2024 - EFRAG FRB new composition and EFRAG SRB new member

  The EFRAG General Assembly approved the new composition of the EFRAG Financial Reporting Board (EFRAG FRB) effective 1 May 2024. The EFRAG FRB welcomes Anna Vidal and Carlos Moreno as new members & reappoints the other members, including Serge Pattyn as Vice-Chair, for a further mandate starting on 1 May 2024. The EFRAG Sustainability Reporting Board (EFRAG SRB) welcomes new member Thomas Roulland, who replaces Tegwen Le Berthe.
  

• 26/04/2024 - New Open Positions - Join EFRAG’s Sustainability Reporting Team to Shape the Future of Sustainability Reporting

  ​EFRAG is opening new positions in its sustainability reporting team:

  - Social and Human Rights Reporting Specialists (employment and labour rights and due diligence)

  
  - ESRS Sector Programme Experts (with different levels of seniority)
  
  - Environmental Reporting Specialist
  

  
  - Business Conduct and related Reporting Specialist

  
  All positions are permanent, Brussels-based roles and require EEA nationality.

  
  Applications, including a letter of motivation and a detailed CV, should be sent to Saskia Slomp, EFRAG CEO, at Rh@efrag.org by 27 May 2024.

  
  Apply now and join us in shaping the future of sustainability reporting at EFRAG!

  
  

• 17/04/2024 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of IFRS 18 Presentation and Disclosure in Financial Statements by the IASB on 9 April 2024.
  

• 12/04/2024 - EFRAG Update March 2024

  ​The March 2024 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.
  

• 12/04/2024 - EFRAG seeks companies to engage in transition plan implementation guidance

  ​EFRAG is preparing guidance to help companies disclose their transition plans in line with ESRS standards.

  To prepare this workstream, we are seeking insights from a diverse group of European companies subject to CSRD reporting to provide input on a variety of practices and challenges related to disclosing transition plans and to contribute to comprehensive upcoming guidance on transition planning.

  The planned engagements will be conducted as interviews, each lasting between one to two hours, scheduled throughout April and May.
  

  If your entity is interested, complete the online application form here by 23 April 2024. Interviews will be scheduled on a first-come-first-serve basis throughout April and May.
  

• 12/04/2024 - EFRAG Update March 2024

  ​The March 2024 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.
  
  

  
  

• 10/04/2024 - European Commission expert dialogue on how to support companies in applying the ESRS - 16 May 2024

  ​On 16 May the European Commission is hosting an expert dialogue on how to support companies in applying the ESRS.

  The event will bring together experts and practitioners from Member States, business and trade associations, companies, consultancies, auditors and other stakeholders. Its goal is to showcase ongoing initiatives and discuss ideas for further mechanisms to support companies that apply the new reporting standards. During the event, Patrick de Cambourg, Chair of EFRAG SRB, will present EFRAG's plans to facilitate the implementation of ESRS.
  

  This is a hybrid event, which can be attended in person on a first-come-first-served basis or by connecting virtually.
  

  You can find more information and register for the event here. 
  

• 10/04/2024 - Join EFRAG as (Senior) Technical Manager - Expand your IFRS expertise

  EFRAG is recruiting a (Senior) Technical Manager for its financial reporting pillar. The role is based at EFRAG's Brussels office.

  How to apply: Applications (CV & motivation letter – with your name and surname as the document's title), mentioning EFRAG FR Team – Technical Manager (or Senior Technical Manager) in the subject, should be sent to rh@efrag.org.
  

• 04/04/2024 - Joint event on VSME - EFRAG, Consejo General de Economistas and ICAC - 12 April 2024

  ​EFRAG, Consejo General de Economistas and ICAC- Instituto de Contabilidad y Auditoria de Cuentas will hold a joint hybrid event on 12 April 2024, from 10.00 to 11.30 CET on the voluntary sustainability reporting standard for non-listed SMEs (VSME) developped by EFRAG.
  
  The event will be in Spanish. More info and registration here.
  

• 27/03/2024 - Join EFRAG as Financial Reporting (Senior) Technical Manager - Financial Institutions Specialist

  EFRAG is looking for a Financial Reporting (Senior) Technical Manager - Financial Institutions Specialist to be offered a secondment or permanent employment contract based in Brussels. For full details, please download the job description.
  

• 26/03/2024 - EFRAG Financial Reporting TEG New Composition

  ​​EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) welcomes Andrea Lionzo, An Lommers and Peter Ujvari as new members & reappoints other members up for rotation, including Jens Berger as Vice-Chair, for a further mandate starting on 1 April 2024. 

  
  

• 25/03/2024 - Call for tenders to assist EFRAG on its analysis of public consultation feedback for the ESRS LSME ED and VSME ED

  ​EFRAG has issued today an open call for tenders to assist in analysing the feedback stemming from the public consultation for the ESRS LSME ED and VSME ED.

  Download the components of this call for tenders:

  • The Call for Tenders
    

  • The Information Form

  • The Draft Contract

  Tenders, which should include a completed and signed Information Form and all the information specifically requested in the call for tenders, should be sent to EFRAG at call.for.tender@EFRAG.ORG no later than 5 April 2024 by the end of the business day.  The tenderers must be based in an EEA country.
  

• 22/03/2024 - CALL FOR EXPERTS road transport and textiles, accessories, jewellery and footwear experts, to join two sector communities

  Following recent work on the road transport and textiles, accessories, jewellery and footwear sector standards, EFRAG will soon seek feedback from the respective sector communities regarding this work.
  

  We are looking for technical experts with proven experience in the sectors who are interested and available to join the respective sector communities and provide comments on the related working papers.

  Apply here to support the development of these two draft sector standards. Deadline for application: 19 April 2024.
  

• 22/03/2024 - EFRAG IS SEEKING TEMPORARY TECHNICAL STAFF TO SUPPORT THE ANALYSIS OF THE FEEDBACK ON VSME ED

  ​EFRAG is looking for temporary free lancers (natural persons or one person companies) to support the analysis of the feedback consultation on the Exposure Draft Voluntary standard for non-listed small- and medium-sized undertakings (VSME ED).

  Interested candidates should send their CV and expected daily fee to nominations@EFRAG.org by 5 April  2024. The work-field will start on 22 April 2024.
  

• 19/03/2024 - Call for Mining, Quarrying and Coal Experts to join the sector community

  Following recent work on the Mining, Quarrying and Coal draft sector standard, EFRAG will soon seek feedback from sector communities regarding this work.
  

  We are looking for technical experts with proven experience in the respective sectors who are interested and available to join our sector community and provide comments on the updated Working Paper.

  Feedback will be requested throughout late March and April. The deadline for expressing interest in this announcement is 26 March 2024. Apply here.
  

• 18/03/2024 - Representatives of EFRAG, the Korea Sustainability Standards Board (KSSB) and the Financial Services Commission (FSC) meet in Brussels

  ​On 12 March 2024, EFRAG representatives had the pleasure to welcome delegates from Korea Sustainability Standards Board (KSSB) and Financial Services Commission (FSC) in EFRAG offices, Brussels and discussed the developments of sustainability reporting disclosures across different jurisdictions.
  

  Download the press release.
  

• 15/03/2024 - Publication of unofficial translations of VSME ED in French, German and Italian

  EFRAG is pleased to share that unofficial translated versions of the VSME ED are made available to support constituents to participate to the consultation and field test. 
  

• 14/03/2024 - PRESS RELEASE - Representatives of EFRAG and the Japanese Accounting and Sustainability Boards Hold Meetings in Brussels

  ​Representatives of EFRAG and representatives of the Accounting Standards Board of Japan (ASBJ) and the Sustainability Standards Board of Japan (SSBJ) (hereinafter referred to as "the Japanese Boards") held meetings on 13-14 March 2024 in Brussels, Belgium.
  

  Download the press release.
  

• 08/03/2024 - EFRAG Update February 2024

  ​The February 2024 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.
  

• 07/03/2024 - osapiens, SIBS and Greenomy become Friends of EFRAG to support Sustainability Reporting

  ​We are happy to announce that osapiens, SIBS, and Greenomy have officially become Friends of EFRAG, demonstrating their commitment to sustainability reporting and supporting EFRAG’s mission.
  

• 27/02/2024 - CEN, CENELEC and EFRAG join forces to foster synergies in sustainability reporting

  ​A Memorandum of Understanding enhances the commitment to develop maximum synergies between the different European Standards developed by EFRAG and by CEN and CENELEC in the field of sustainability reporting. The aim is to facilitate the implementation of sustainability reporting requirements for European businesses. 
  

  Download the press release.
  

• 20/02/2024 - Launch of educational videos on SME standards

  ​EFRAG is happy to present educational videos dedicated to the ESRS LSME ED and VSME ED, which were released for public consultation on 22 January 2024.

  The three videos cover:

  • highlights of the two SME Exposure Drafts, providing a glimpse into the standards;
  • the presentation of the ESRS LSME Exposure Draft, covering the draft standard in detail, including the main simplifications from the first Set of ESRS; and
  • the presentation of the VSME Exposure Draft, covering the draft standard in detail.

  Whether you want a brief introduction to the draft standards or a longer explanation, take a dive into these videos featuring our experts!

  Click here to watch the videos on our Youtube channel!
  

• 14/02/2024 - Passing of Johan van Helleman, former EFRAG TEG Chair

  We are sad to learn that Johan van Helleman, first Chair of the EFRAG TEG, passed away.
  

• 06/02/2024 - EFRAG Update January 2024

  ​The January 2024 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.
  

• 30/01/2024 - EFRAG publishes Feedback Statement on Post-Implementation Review of IFRS 15 Revenue from Contracts with Customers

  The Feedback Statement summarises constituents' feedback to EFRAG with respect to the IASB Request for Information for the Post-Implementation review of IFRS 15 Revenue from Contracts with Customers and explains how this feedback was considered in developing EFRAG’s Final Comment Letter.
  
  

• 24/01/2024 - EFRAG is looking for Senior Secondments in kind to support its SR activities in 2024

  EFRAG is looking for senior secondments in kind to support its work on the sustainability reporting work plan for 2024 including sector ESRS, implementation support, non-EU ESRS and interoperability with other frameworks and standards. 

  These positions are available on a full-time and part-time basis (minimum 50%) at least for a six-months period. 

  Application deadline: 14 February 2024.
  

• 24/01/2024 - EFRAG launches workshops on its draft Sector Classification

  EFRAG announces that it will hold a series of online workshops in February 2024 to collect feedback on the current version of the draft ESRS – SEC1 Sector Classification, which is expected to be shared for consultation in the coming months. 

  All interested stakeholders are invited to participate. To join the workshops, please subscribe to EFRAG's Sector-Specific Communities and select your sector(s) of interest using this link unless you are still part of the communities you registered to in the past.
  

  We look forward to hearing from you, your feedback counts!
  
  

• 22/01/2024 - EFRAG’s public consultation on two Exposure Drafts on sustainability reporting standards for SMEs

  ​EFRAG launches today the public consultation on the Exposure Draft ESRS for listed SMEs (ESRS LSME ED) and the Exposure Draft for the voluntary reporting standard for non-listed SMEs (VSME ED). The consultation will be open until 21 May 2024. 

  EFRAG invites preparers and users to participate in a field test and reminds them that the deadline to submit interest for participation in the field test is 31 January 2024.
  

• 22/01/2024 - EFRAG announces new appointments

  ​EFRAG welcomes Tommaso Fabi as the new Chair and Aissata Toure as new member of the EFRAG Rate-regulated Activities Working Group (RRAWG).
  

• 19/01/2024 - OIC and EFRAG joint event "Reporting di sostenibilità Standard e linee guida lo stato dell’arte' in Italian , Monday 22 January 2024

  ​Organismo Italiano di Contabilità (OIC) with EFRAG will hold the event “Sustainability Reporting. Standards and Implementation Guidance: the state of the art” on 22 January 2024, from 10.00 to 13.00 CET. The event will mainly be in Italian.
  

• 17/01/2024 - EFFRAG financial reporting and sustainability reporting internship opportunities

  ​Eager to gain valuable work experience in the fast-moving environment of corporate reporting? Then apply to be our new intern and unlock your career! We still have a few open spots for February 2024!

  • Location: EFRAG offices, Brussels, Belgium
  • Period: Recruitment on continuous basis, 6 months term (renewal possible for one term of 6 months). Limited open positions still available from February 2024.
  • Hours: Full-time (38 hrs/week)
  • Allowance: Contribution to living costs, meal tickets + transport allowance

• 17/01/2024 - EFRAG ANNOUNCES NEW COMPOSITION OF ITS ADMINISTRATIVE BOARD AND APPOINTMENT OF NEW EFRAG FRB AND SRB MEMBERS

  EFRAG announces:

  • The new composition of its Administrative Board effective from 22 January 2024 and in particular welcomes the new Austrian representative, Helmut Maukner;
  • Martin Thygesen, appointed as EFRAG FRB member (Danish Funding Mechanism);
  • Alexander Bassen, appointed as EFRAG SRB member (EFFAS and Eurosif, user sector).
    

• 12/01/2024 - EFRAG Endorsement Advice on Amendments to IAS 21

  ​EFRAG has completed its due process regarding Amendments to IAS 21, The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability, and has submitted its Endorsement Advice Letter to the European Commission.
  
  The Endorsement Advice Letter to the European Commission can be found here.

  
  

• 09/01/2024 - EFRAG Update December 2023

  ​The December 2023 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 
  

• 05/01/2024 - Last call to join the EFRAG SR TEG for the 2024 rotation

  ​

  EFRAG is calling for candidates for the rotation of the EFRAG SR TEG. EFRAG is looking for candidates with a wide range of expertise and specialisations in the ESG domains and in particular standards referenced in the CSRD, from a wide range of backgrounds, geographical origins (EEA nationality) and diversity.  Appointments will start on 1 May 2024 and will be for one or two years (i.e. expiring on 30 April 2025 or 30 April 2026). Candidatures should be submitted by completing the online candidature form by  8 January 2024.  The complete call for candidates is accessible here.

  
  

• 22/12/2023 - Publication of the 3 Draft EFRAG ESRS IG documents (EFRAG IG 1 to 3)

  ​EFRAG has published its first three draft ESRS Implementation Guidance documents for public feedback. Draft EFRAG IG 1 deals with the requirements on the materiality assessment in ESRS and Draft EFRAG IG 2 with the value chain aspects in ESRS. Draft EFRAG IG 3 contains the detailed ESRS datapoints as a Microsoft Excel workbook with an accompanying explanatory note.
  

  Stakeholders can provide feedback by accessing the relevant surveys by 2 February 2024.
  

  
  

• 22/12/2023 - Happy New Year 2024

  ​EFRAG wishes you and your loved ones a season filled with warmth and a happy new year 2024.
  

  Our offices are closed from 25 to 30 December 2023.
  

• 21/12/2023 - EFRAG and TNFD sign a cooperation agreement to further advance Nature-related Reporting

  ​EFRAG and the Taskforce on Nature-related Financial Disclosures (TNFD) have announced the signing of a cooperation agreement, highlighting the importance of addressing nature-related issues to advance corporate sustainability and reflecting a shared commitment to enhance corporate transparency related to biodiversity and ecosystems.

• 20/12/2023 - EFRAG Endorsement Status Report - Update

  ​​The endorsement by the European Commission of Amendments to IAS 1 Presentation of Financial Statements is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here.
  

• 20/12/2023 - Call for participation in field test of EFRAG exposure drafts on sustainability reporting standards for SMEs

  EFRAG is calling for SMEs and users to test its forthcoming exposure drafts on voluntary sustainability reporting standard for non-listed SMEs (VSME) and ESRS for listed SMEs (ESRS LSME). Confirmation of interest to be provided by 31 January 2024.

• 15/12/2023 - Reminder - Join the EFRAG SR TEG for the 2024 rotation

  EFRAG is calling for candidates for the rotation of the EFRAG SR TEG.
  

  EFRAG is looking for candidates with a wide range of expertise and specialisations in the ESG domains and in particular standards referenced in the CSRD, from a wide range of backgrounds, geographical origins (EEA nationality) and diversity. 
  

  Appointments will start on 1 May 2024 and will be for one or two years (i.e. expiring on 30 April 2025 or 30 April 2026).
  

  Candidatures should be submitted by completing the online candidature form by  8 January 2024.

   The complete call for candidates is accessible here.
  

  
  

• 14/12/2023 - EFRAG is hiring a new office manager

  ​EFRAG is looking for an office manager to be offered a permanent contract.

  The ideal candidate could start on 15 February 2024. Applications are requested by 15 January 2024. 

   You will be part of a team of three office managers. The function is based at EFRAG’s Brussels office within this function only limited teleworking allowed (maximum one day a week in consultation with the other office managers).
  

  Download the job description in PDF here.
  

• 07/12/2023 - EFRAG Update November 2023

  ​The November 2023 version of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 
  

• 04/12/2023 - EFRAG welcomes the work of the ISSB in relation to high quality climate-related disclosures at global level

  ​EFRAG is happy to announce that it subscribed to the following public statement noting in addition that European Sustainability Reporting Standards (ESRS) already incorporate the climate-related ISSB disclosures under a thorough interoperability approach:

  "Given the effects of climate risks on companies, financial institutions and capital markets, EFRAG welcomes the work by the ISSB and its climate reporting requirements in delivering high quality climate-related disclosures that enable enhanced transparency about climate risks and opportunities at the global level".
  

• 30/11/2023 - EFRAG and GRI enhance collaboration with deeper ties

  ​New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available.
  

  Read the press release.
  

• 21/11/2023 - EFRAG Endorsement Status Report - Update

  ​​The endorsement by the European Commission of Lease Liability in a Sale and Leaseback (Amendments to IFRS 16) is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here.
  

• 09/11/2023 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of the Amendments to IAS 12 International Tax Reforms - Pillar Two Model Rules is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here.
  

• 08/11/2023 - EFRAG and CDP announce cooperation to drive market uptake of European Sustainability Reporting Standards

  ​The cooperation will maximize alignment of CDP’s global environmental disclosure platform with the EU's environmental reporting standards and build capacity among companies globally to fulfill the regulatory requirements.
  

  Read the press release.
  

• 06/11/2023 - Reminder and deadline extension - Join the EFRAG Financial Reporting TEG for the 2024 rotation

  ​

  EFRAG is calling for candidates for its Financial Reporting Technical Expert Group (EFRAG FR TEG) and is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG in particular seeks candidates with general preparer, user and academic backgrounds.  Applications are welcome by 20 November 2023 and should be sent to nominations@efrag.org.

• 06/11/2023 - EFRAG Update October 2023

  ​The October 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 30/10/2023 - EFRAG issues a Call for Candidates for the EFRAG Sustainability Reporting TEG

  ​EFRAG is calling for candidates for the rotation of the EFRAG SR TEG.
  

  EFRAG is looking for candidates with a wide range of expertise and specialisations in the ESG domains and in particular standards referenced in the CSRD, from a wide range of backgrounds, geographical origins (EEA nationality) and diversity. 
  

  Appointments will start on 1 May 2024 and will be for one or two years (i.e. expiring on 30 April 2025 or 30 April 2026).
  

  Candidatures should be submitted by completing the online candidature form by  8 January 2024.

   The complete call for candidates is accessible here.
  

• 25/10/2023 - Reminder - Join the EFRAG Financial Reporting TEG for the 2024 rotation

  ​EFRAG is calling for candidates for its Financial Reporting Technical Expert Group (EFRAG FR TEG) and is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG in particular seeks candidates with general preparer, user and academic backgrounds. 
  
  Applications are welcome by 6 November 2023 and should be sent to nominations @ efrag.org.
  

• 24/10/2023 - Launch of the EFRAG ESRS Q&A Platform to support the implementation of ESRS

  ​EFRAG announces the launch of its ESRS Q&A Platform to collect technical implementation questions from preparers and the wider public on ESRS. 

  Stakeholders can send questions through the online form here (PDF preview available here)
  

• 23/10/2023 - EFRAG welcomes the final adoption of the ESRS by the European Institutions

  With the end of the co-legislators' scrutiny period, the first set of twelve sector-agnostic ESRS providing for a proportionate but comprehensive reporting of environmental, social and governance matters is now integrated in the European legal framework. This is a further milestone in the implementation of a robust sustainability reporting framework in the European Union.
  

• 18/10/2023 - EFRAG PTF-RNFRO report wins a prize at the ISAR Honours 2023

  EFRAG is pleased to announce that the report "Towards Sustainable Businesses: Good Practices in Business Model, Risks and Opportunities Reporting in the EU " developed by the PTF-RNFRO, co-chaired by Dawn Slevin and Mario Abela, was selected for this year's session of ISAR Honours.
  

  Watch Dawn Slevin's message delivered at this occasion here.
  

• 06/10/2023 - EFRAG announces new appointments

  ​EFRAG welcomes:

  • Signe Lysgaard: appointed as EFRAG SR TEG member (Danish, social, NGO)
  • Simone Scettri: appointed as EFRAG FRB member (OIC, Italy)
  • Sebastien Godinot: appointed as EFRAG Administrative Board member (Civil Society Organisations, French, NGO)
  • Robert Ophèle: appointed as EFRAG Administrative Board member (ANC, France)
    

• 04/10/2023 - EFRAG Update September 2023

  ​The September 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

  
  

• 21/09/2023 - Open call for tenders to assist EFRAG in developing a cost benefit analysis for LSME and VSME

  EFRAG releases today its open call for tenders to assist in developing a cost benefit analysis for:
  

  • the Draft European Sustainability Reporting Standard for Listed SMEs, small non-complex credit institutions and captive insurance/re-insurances (LSME); and
  • the voluntary reporting standard for non-listed SMEs (VSME)

  Download the components of this call for tenders:

  • The Call for tenders 
  • The Information Form 
    
  • The Draft Contract 
    

  Responses should be sent to call.for.tender@EFRAG.ORG no later than Friday 20 October 2023 COB. 

  
  

• 20/09/2023 - EFRAG congratulates the Taskforce on Nature-related Financial Disclosures (TNFD) for its Recommendations for Nature-Related Risk Management and Disclosure

  ​EFRAG congratulates the Taskforce on Nature-related Financial Disclosures for the release of the Recommendations for Nature-Related Risk Management and Disclosure, launched on 18 September during the New York Climate Week 2023.
  

• 15/09/2023 - Passing of Jean-Paul Gauzès, former EFRAG Board President

  ​It is with great sadness we received news of the death of Jean-Paul Gauzès, who was the EFRAG Board President for two consecutive terms from 2016 to 2022. After a career as an MEP, Jean-Paul joined EFRAG as Board President. He will be remembered for initiating the governance reform that created a new sustainability reporting pillar ensuring European Sustainability Reporting Standards are being developed using an inclusive and rigorous process. Simultaneously, he also ensured that EFRAG continued to provide the highest quality work in its financial reporting mandate.
  

• 07/09/2023 - Join the EFRAG Financial Reporting TEG for the 2024 rotation

  ​EFRAG is calling for candidates for its Financial Reporting Technical Expert Group (EFRAG FR TEG) and is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG in particular seeks candidates with general preparer, user and academic backgrounds. 
  
  Applications are welcome by 6 November 2023.
  
  

• 05/09/2023 - EFRAG Update August 2023

  ​The August 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 04/09/2023 - EFRAG-GRI Joint statement of interoperability

  ​EFRAG and GRI are pleased to confirm that they have achieved a high level of interoperability between their respective standards in relation to impact reporting. 
  

• 29/08/2023 - REMINDER - EFRAG welcomes applications for its sustainability reporting financial institutions advisory panels until 15 september 2023

  ​Experts with strong technical expertise, including implementation work, on European Sustainability Reporting Standards and Sustainability Reporting challenges within the banking, capital markets and insurance sectors have until 15 September to send their application to join EFRAG’s SR FI Advisory Panels. Read the complete call for candidates and apply now.
  

• 28/08/2023 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on amendments to IAS 1  Classification of Liabilities as Current or Non-current and other amendments is now reflected in the EFRAG Endorsement Status Report.
  

• 18/08/2023 - EFRAG Endorsement Status Report - Update

  ​The publication of Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability by the IASB on 15 August 2023 and the ARC vote by written procedure on Amendments to IAS 1 Presentation of Financial Statements are now reflected in the EFRAG Endorsement Status Report.
  

• 17/08/2023 - EFRAG Endorsement Status Report - Update

  The Endorsement Status Report now reflects the publication of Lack of Exchangeability (amendments to IAS 21) by the IASB on 15 August 2023.

  Read the report here.
  

• 31/07/2023 - EFRAG welcomes the adoption of the Delegated Act on the first set of European Sustainability Reporting Standards (ESRS) by the European Commission

  EFRAG welcomes the adoption of the Delegated Act on the first set of European Sustainability Reporting Standards (ESRS) by the European Commission (press announcement, Q&As webpage & implementing and delegated acts – CSRD webpage) on 31 July 2023 and expresses its gratitude to all of those that contributed to this milestone. EFRAG is committed to the success of ESRS and is working toward the next steps: implementation guidance, ESRS for SMEs and sectors. 
  

  Read the press release here.
  

• 31/07/2023 - Sébastien Harushimana appointed as EFRAG FR TEG Chair

  The EFRAG Administrative Board has appointed Sébastien Harushimana as the new EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) Chair for an initial three-year term with effect from 1 September 2023. 
  

• 31/07/2023 - EFRAG Update July 2023

  ​The July 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 28/07/2023 - EFRAG’s Annual Report 2022 is now available

  ​EFRAG releases today its Annual Report 2022 providing insights on the main achievements of the organisation in the past year and the important developments that took place for both the Financial and Sustainability Reporting fields in the first half of 2023.

  Download the report here.

  
  

• 27/07/2023 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Amendments to IAS 12 - International Tax Reform - Pillar Two Model Rules and Lease Liability in a Sale and Leaseback (Amendments to IFRS 16) is now reflected in the EFRAG Endorsement Status Report. 
  

• 12/07/2023 - EFRAG extends the deadline to respond to its call for candidates for its Sustainability Reporting Financial Institutions Advisory Panels to 15 September 2023

  ​EFRAG published a call for candidates for its SR FI Advisory Panels (for banking, capital markets and insurance) on 19 June 2023. To allow more time for stakeholders to state their interest the deadline has been extended to 15 September 2023 (previously 31 July 2023).
  

• 10/07/2023 - Commissioner McGuinness addresses the EFRAG SRB in a special public meeting

  In the 6 July 2023 public meeting of the EFRAG SRB, Commissioner Mairead McGuinness delivered key messages on the progress and the priority steps to be followed by the EFRAG Sustainability Reporting Pillar. In an exchange, the EFRAG SRB members reflected on the Commissioner's messages and expressed their views on the process. 
  

  The recording of the session is available here.
  

  
  

• 06/07/2023 - EFRAG Update June 2023

  The June 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 30/06/2023 - Join EFRAG as Senior Technical Manager - Financial Instruments Specialist

  ​EFRAG, Europe’s leading voice in influencing the development of IFRS and a key actor within the corporate reporting landscape, is currently recruiting a Senior Technical Manager - Financial Instruments Specialist, for its financial reporting pillar. 

  Read the complete job description and submit your application at Rh @ efrag.org.

• 30/06/2023 - Join EFRAG as Senior Technical Manager – Expand your IFRS expertise

  EFRAG, Europe’s leading voice in influencing IFRS development and a key actor within the corporate reporting landscape is currently recruiting a Senior Technical Manager, for its financial reporting pillar. 

  Read the complete job description and submit your application at Rh @ efrag.org.

• 27/06/2023 - EFRAG welcomes the ISSB standards

  ​ EFRAG welcomes the publication of IFRS S1 and S2.  The finalisation is a major step forward towards a global baseline.
  

• 12/06/2023 - EFRAG welcomes next step towards the first set of ESRS

  The European Commission launched on 9 June 2023 the 4-week period of public feedback on the draft Delegated Act for the first set of European Sustainability Reporting Standards (ESRS).
  

• 05/06/2023 - EFRAG Update May 2023

  ​The May 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 01/06/2023 - EFRAG seeks Financial Reporting Assistant Technical Managers

  EFRAG is recruiting Assistant Technical Managers for its Financial Reporting pillar. This is a unique opportunity for motivated, young accounting graduates with an interest in the development of IFRS Standards. Read the job description and how to apply here. 
  

• 30/05/2023 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of Amendments to IAS 7 and IFRS 7 as well as to IAS 12.
  

  
  

• 23/05/2023 - Join EFRAG’ symposium at the EAA 45th Annual Congress in Finland –26 May 2023

  ​EFRAG is glad to hold a symposium on Connectivity between financial reporting and sustainability reporting at the European Accounting Association Annual Congress which will take place in Helsinki and Espoo, on 26 May, 2023. More information here.

  
  

• 03/05/2023 - EFRAG Update April 2023

  ​The April 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 06/04/2023 - Are you an environmental reporting specialist? Join EFRAG’s Sustainability Reporting Team

  ​EFRAG is recruiting environmental reporting specialists to enhance EFRAG's sustainability reporting team. We are hiring for a permanent or seconded Brussels based function with proven environmental knowledge and expertise.
  

  Send your application Saskia Slomp, EFRAG CEO, using Rh@efrag.org by 15 August 2023.
  

  Read the complete job description here.
  

• 05/04/2023 - EFRAG Update March 2023

  The March 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 04/04/2023 - REMINDER - Apply for the EFRAG FR TEG Chair position by 10 April 2023

  ​Experts in financial reporting have until 10 April 2023 to submit their application to the full-time function of EFRAG Financial Reporting TEG Chair. Read the call for candidates and submit your application at nominations @ efrag.org.
  

• 04/04/2023 - REMINDER – Apply to the EFRAG Advisory Panel on Connectivity by 10 April

  Candidates have until 10 April 2023 COB to submit their application to EFRAG’s new Advisory Panel on Connectivity between Financial and Sustainability Reporting Information (EFRAG CAP). To submit your application, please complete the online form here.  

  The objective of the EFRAG CAP is to advise the EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) on EFRAG’s proactive research project on the connectivity between financial reporting and sustainability reporting information. EFRAG CAP members will share their perspectives and practical experience regarding connectivity matters, and help EFRAG identify, assess and prioritise connectivity themes, identify related good reporting practices and develop possible approaches to enhance connectivity.

  The role, competencies, composition, and modus operandi of the EFRAG CAP are further described in the Terms of Reference.
  

• 31/03/2023 - Representatives of EFRAG and the Japanese Accounting and Sustainability Boards Hold Meetings in Brussels

  ​Representatives of EFRAG – Europe’s voice in Corporate Reporting and representatives of the Accounting Standards Board of Japan (ASBJ) and the Sustainability Standards Board of Japan (SSBJ) (hereinafter referred to as “the Japanese Boards”) held meetings on 30-31 March 2023 in Brussels, Belgium.
  

• 29/03/2023 - European Commission calls on EFRAG to prioritise implementation support for the first Set of ESRS

  ​Commissioner McGuinness has publicly called on EFRAG to prioritise its efforts on capacity building for the implementation of the first set of ESRS over the preparatory work for the draft sector-specific standards. This also avoids overlapping consultations and eases the burden on all stakeholders wanting to contribute to the sustainability agenda. EFRAG is adjusting its workplan to this new priority whilst carrying on under a modified timetable work on sector-specific standards and standards for SMEs. Under the CSRD, EFRAG is appointed technical adviser to the European Commission developing draft ESRS.
  

• 28/03/2023 - Launch of the EFRAG ESRS Digital Reporting Consultative Forum - Composition and related community

  ​EFRAG SR TEG approved the composition of the EFRAG ESRS Digital Reporting Consultative Forum (EFRAG ESRS DRCF) and welcomed the establishment of the EFRAG Digital Reporting Community. EFRAG ESRS DRCF will discuss digital reporting aspects of sustainability reporting, particularly, in regard to the ESRS XBRL taxonomy and advise the EFRAG SRB and EFRAG SR TEG.
  

• 21/03/2023 - Passing of Pedro Solbes - former EFRAG Supervisory Board Chairman

  ​We are sad to learn the news of Pedro Solbes, Chairman of the EFRAG Supervisory Board from 2010 to 2012 who passed away on Saturday 18 March.
  

• 14/03/2023 - Apply now ! EFRAG seeks a future EFRAG FR TEG Chair

  ​Interested candidates have until 10 April to apply for the full-time function of EFRAG Financial Reporting TEG Chair.  The call for candidates provides a complete description of the position and the nomination process. Applications are to be sent to nominations @ efrag.org.
  

• 13/03/2023 - The EFRAG SRB appoints Sigurt Vitols as EFRAG SR TEG Vice-Chair and Christoph Töpfer as EFRAG SR TEG member

  ​The EFRAG SRB appointed Sigurt Vitols as EFRAG SR TEG Vice-Chair. Christoph Töpfer also becomes a new EFRAG SR TEG member, while Laurène Chenevat leaves the EFRAG SR TEG.

• 10/03/2023 - EFRAG issues the set of Basis for conclusions for its first set of draft ESRS

  EFRAG issues the set of Basis for conclusions to complement the first set of draft ESRS developed by the EFRAG SRB with the support of the EFRAG SR TEG. The first set of draft ESRS was submitted to the European Commission in November 2022. No comments are requested on the Basis for conclusions.
  

  Each Basis for conclusions appear under the standard covers, click here to access them.
  

• 09/03/2023 - EFRAG offers internship opportunities in its financial reporting and sustainability reporting activities

  ​Eager to gain valuable work experience and be part of the ongoing transformation of corporate reporting? Then apply to be our new intern and unlock your career!

  EFRAG offers internship opportunities in its financial reporting and sustainability reporting activities, with the possibility to also work on EFRAG’s research project on the connectivity between financial and sustainability reporting information. This opportunity is for a six-month (minimum period) internship with a renewable possibility and is based in EFRAG’s offices in Brussels.
  

  Take a look at the job description here, we are recruiting on a continual basis!
  

• 03/03/2023 - EFRAG releases a series of educational videos on the first set of draft ESRS

  ​EFRAG is happy to present a series of educational videos dedicated to the First set of draft ESRS, which were released to the European Commission in November 2022. This series is composed of 20 videos: 

  • the "Glimpses" will give you an overview of the standards and
    
  • the "Educational sessions" will cover the draft standards in more details.

  Whether you want a brief introduction to the draft standards or a longer explanation, take a dive into this first set of draft ESRS accompanied by our experts!

  Click here to watch the videos.
  

• 03/03/2023 - EFRAG Update February 2023

  ​The February 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 02/03/2023 - EFRAG USER UPDATE MARCH 2023

  ​Read now the latest EFRAG User Update and find out more about EFRAG’s projects relevant to users of financial and sustainability statements. 
  

• 24/02/2023 - EFRAG Financial Reporting TEG: new composition

  ​EFRAG Financial Reporting Technical Expert Group (EFRAG FR TEG) members have been renewed for a further mandate starting on 1 April 2023.  EFRAG also welcomes Jens Berger as EFRAG FR TEG Acting Chair. The Chair position is currently open and interested candidates may submit their application by 10 April 2023.
  

• 03/02/2023 - CALL FOR CANDIDATES - EFRAG seeks a future EFRAG FR TEG Chair

  ​EFRAG calls for candidates for the full-time function of EFRAG Financial Reporting TEG Chair. Interested candidates may read the complete call and submit their application by 10 April at nominations @ efrag.org.
  

• 02/02/2023 - Chiara Del Prete appointed EFRAG SR TEG Chair

  ​On 1 February 2023, the EFRAG Administrative Board appointed Chiara Del Prete as EFRAG SR TEG Chair for a term of three years effective from yesterday. Chiara is a member of the EFRAG management team since April 2019, as EFRAG FR TEG Chair and, since May 2022 she has, in addition, been serving as EFRAG SR TEG Acting Chair. She will now fully devote herself to the Chair role of the EFRAG SR TEG.

  EFRAG will soon issue a call for candidates for the new EFRAG FR TEG Chair.
  

• 02/02/2023 - EFRAG Update January 2023

  ​The January 202​3 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 27/01/2023 - EFRAG holds its first workshop for a future draft Voluntary Standard for non-listed SMEs

  ​EFRAG announces that the first workshop with the EFRAG non-listed SMEs (VSME) community will take place on 31 January 2023 in a closed session.

  External participants that are not members of the EFRAG VSME community can join the public session of the meeting from 12:50 to 13:30 CET.

  Register here for the public session and hear the summary of the discussions.
  

• 26/01/2023 - EFRAG holds its first workshop for the draft listed SMEs sustainability reporting standards

  EFRAG announces that the first workshop with the EFRAG listed SMEs (LSME) community will take place on 27 January 2023 in a closed session. External participants that are not members of the EFRAG LSME community can join the public session of the meeting from 12:50 to 13:30 CET.
  

  Register here for the public session and hear the summary of the discussions.
   
  

• 24/01/2023 - Technical staff sought- Join EFRAG and be at the forefront of shaping financial reporting developments!

  EFRAG, Europe’s leading voice in influencing IFRS development and a key actor within the corporate reporting landscape is currently recruiting full-time technical staff (with different levels of experience)  for its financial reporting pillar. Read the complete job description and application requirements and submit your application at Rh@efrag.org.
  

• 09/01/2023 - REMINDER | Apply to the new EFRAG ESRS Digital Reporting Consultative Forum by 23 January

  ​EFRAG is seeking candidates to join its ESRS Digital Reporting Consultative Forum (ESRS DRCF) with a deadline for applications on Monday 23 January 2023.
  

  The ESRS DRCF contributes to the development and maitenance of the XBRL Taxonomy of the European Sustainability Reporting Standards  by providing regular views and recommendations on XBRL taxonomy-related issues to the EFRAG Sustainability Reporting Board (EFRAG SRB) and EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG).
  

  The role, competencies, composition, and modus operandi of the ESRS DRCF are described in the Terms of Reference. 
  

• 28/12/2022 - EFRAG Update December 2022

  ​The December 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 23/12/2022 - Vacancy - Office Manager – maternity leave replacement

  ​EFRAG, a leading actor in the corporate reporting environment, is looking for an experienced Office Manager to cover for a maternity leave, with a possibility of prolongation. Application (CV and cover letter) are welcome by 15 January at Rh@efrag.org. 
  

• 22/12/2022 - EFRAG seeks candidates to join its new ESRS Digital Reporting Consultative Forum

  EFRAG is seeking candidates to join its ESRS Digital Reporting Consultative Forum (ESRS DRCF) with a deadline for applications on Monday 23 January 2023.
  

  The ESRS DRCF contributes to the development and maitenance of the XBRL Taxonomy of the European Sustainability Reporting Standards  by providing regular views and recommendations on XBRL taxonomy-related issues to the EFRAG Sustainability Reporting Board (EFRAG SRB) and EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG).
  

  The role, competencies, composition, and modus operandi of the ESRS DRCF are described in the Terms of Reference. 
  

• 21/12/2022 - EFRAG best wishes for 2023

  ​EFRAG wishes you cheerful holidays and all the best for 2023!
  

• 21/12/2022 - EFRAG welcomes Pedro Faria in its technical leadership team as environmental leader

  ​EFRAG is glad to announce the appointment of Pedro Faria as Environmental Leader in its technical leadership team, after being seconded to EFRAG for the past six months. Read the press release.
  

• 16/12/2022 - EFRAG Reporting Boards - new appointments

  ​EFRAG welcomes: 

  • Serge Pattyn as EFRAG Financial Reporting Board (EFRAG FRB) Vice-Chair,
  • Sadi Podevijn as new EFRAG FRB member,
  • Kerstin Lopatta as EFRAG Sustainability Reporting Board (EFRAG SRB) Vice-Chair, and
  • The European Investment Bank (EIB) as official observer in EFRAG Sustainability Reporting Board  (EFRAG SRB) and EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG)
    

  
  

• 12/12/2022 - Join EFRAG's Community supporting the development of draft ESRS for listed SMEs

  ​EFRAG wishes to create a community of stakeholders that have a direct experience in relation to SMEs and that have an interest to participate in the development of draft European Sustainability Reporting Standard for listed SMEs.
  

  Submit your application here by 2/01/2023. EFRAG will be organising a workshop for the community members in the second half of January 2023.
  

• 12/12/2022 - Join EFRAG's Community supporting the development of draft Voluntary Sustainability Reporting Standard for non-listed SMEs

  EFRAG wishes to create a community of stakeholders that have a direct experience in relation to SMEs and that have an interest to participate in the development of a draft Voluntary Sustainability Reporting Standard for non-listed SMEs (VSRS), next to the already existing dedicated expert working group which will continue to be in operation.
  

  Submit your application here by 2/01/2023. EFRAG will be organising a workshop for the community members in the second half of January 2023.
  
  

• 05/12/2022 - EFRAG Update November 2022

  ​The November 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 23/11/2022 - EFRAG delivers the first set of draft ESRS to the European Commission

  ​EFRAG is pleased to announce that it submitted the first set of draft ESRS to the European Commission yesterday in its role as technical adviser to the European Commission. This first set, approved by the EFRAG SRB, supported by the EFRAG SR TEG, takes into consideration the input from the public consultation on the draft ESRS EDs. 
  

  See EFRAG's advice package here.
  

  Read the press release here.
  

• 04/11/2022 - EFRAG Update October 2022

  ​The October 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 26/10/2022 - REMINDER – Apply to the EFRAG Financial Reporting TEG for the 2023 rotation

  ​Experts in financial reporting, interested in joining the EFRAG Financial Reporting TEG (EFRAG FR TEG) for the 2023 rotation, have until 7 November 2022 to submit their application. A user or preparer background would be an advantage. 

  EFRAG is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG strives for geographical and gender balance in the composition of EFRAG FR TEG. Read the complete call for candidates.
  

  
  

• 15/10/2022 - EFRAG Sustainability Reporting TEG meetings - closed meetings

  ​From Monday 17 to Friday 21 October, EFRAG SR TEG members will be working in closed meetings to focus on the drafting of the draft ESRS. Public meetings will resume at a later stage. 
  

• 03/10/2022 - EFRAG Update September 2022

  ​The September 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

  
  

• 30/09/2022 - Call for candidates for EFRAG Sustainability Reporting TEG focused on consumer expertise

  EFRAG calls for candidates for its  EFRAG Sustainability Reporting TEG with a consumer profile. Interested experts are invited to send their applications, setting out the name, CV and motivation letter, by 24 October 2022, to the following email address: nominations@efrag.org.  Early applications are encouraged. The interviews will take place in the form of a webcast meeting.
  

• 28/09/2022 - Call for tenders - Developing the XRBL Taxonomy of the first set of ESRS

  ​EFRAG calls for tenders to outsource the development of the XBRL taxonomy of the first set of European Sustainability Reporting Standards (ESRS) to XBRL specialised experts. Responses are expected no later than Monday 24 October 2022, by close of business. The call for tenders can be downloaded here. 

  Tenders should include a completed and signed Information Form (see link in full description). The form and the information in the call for tenders should be sent to call.for.tender@efrag.org.

• 26/09/2022 - REMINDER - Join the EFRAG Sustainability Reporting Team

  ​Interested sustainability reporting professionals can still submit their application to join the EFRAG Sustainability Reporting Team. Indeed, in its broadened role as the technical advisor to the European Commission in the development of draft European Sustainability Reporting Standards (ESRS), EFRAG seeks to recruit both permanent and seconded (paid or in-kind) experts.

  Read the full job description here (continuous recruitment)
  

• 22/09/2022 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of Amendments to IFRS 16 Leases: Lease Liability in a Sale and Leaseback by the IASB on 22 September 2022.
  

• 09/09/2022 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of the Amendments to IFRS 17: Initial Application of IFRS 17 and IFRS 9 – Comparative Information is now reflected in the Endorsement Status Report. 
  

• 08/09/2022 - EFRAG releases its Annual Review 2021

  ​EFRAG publishes today its Annual Review 2021 that highlights the main achievements of the organisation in the past year and the important developments that took place in the first half of 2022, such as the governance reform and the confirmation of EFRAG's role as the technical advisor to the EC providing technical advice in the form of draft European Sustainability Reporting Standards (ESRS) in addition to the financial reporting developments.

  Take a look at the report here.
  

• 07/09/2022 - Join the EFRAG Financial Reporting TEG for the 2023 rotation

  ​EFRAG is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG seeks in particular candidates with a user or preparer background. EFRAG strives for geographical and gender balance in the composition of EFRAG FR TEG. 

  Read the complete call for candidates.
  
  

• 05/09/2022 - EFRAG Update August 2022

  ​The August 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 01/09/2022 - Join EFRAG’s Sustainability Reporting Team

  ​In its broadened role as the technical advisor to the European Commission in the development of draft European Sustainability Reporting Standards (ESRS), EFRAG seeks to recruit both permanent and seconded (paid or in-kind) sustainability reporting professionals.

  Read the full job description here (continuous recruitment).
  

• 12/08/2022 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to  IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction is now reflected in the Endorsement Status Report. The updated EFRAG Endorsement Status Report can be found here.
  

• 10/08/2022 - Closing of the EFRAG public consultation on the Draft ESRS EDs

  ​After a 100-day consultation period on the EFRAG Draft ESRS Exposure Drafts (Draft ESRS EDs), EFRAG closed its public consultation with more than 750 comment submissions in total.

  
  

• 01/08/2022 - EFRAG Update July 2022

  ​The July 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 19/07/2022 - Appointment of two new EFRAG Sustainability Reporting TEG members with special focus on SME and social expertise

  In its meeting on 12 July, the EFRAG Sustainability Reporting Board (EFRAG SRB) appointed two new members with SME and social expertise to the EFRAG Sustainability Reporting TEG (SR TEG).
  

• 05/07/2022 - EFRAG Update June 2022

  ​The June 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 01/07/2022 - Academics with corporate reporting expertise to apply for academic fellowship at EFRAG by 15 July 2022

  EFRAG seeks an academic fellow with experience in sustainability reporting or financial reporting and IFRS Standards with a good understanding of broader corporate reporting to work with EFRAG,  during a sabbatical leave period of between 6 months and two years.
  

• 30/06/2022 - EFRAG Board President Jean-Paul Gauzès delivers a message as his mandate comes to an end

  Today, 30 June, marks the last day of Jean-Paul Gauzès as EFRAG Board President after two consecutive mandates since 2016. Read now his message.

  As from tomorrow, Hans Buysse will assume his role as new EFRAG Administrative Board President.
  
  

• 22/06/2022 - EFRAG confirmed in its role of sustainability reporting technical advisor to the EC

  ​On Tuesday 21 June, the Council and the European Parliament reached a provisional agreement on the European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD) which envisages the adoption of EU sustainability reporting standards. EFRAG welcomes the confirmation of its role as technical advisor to the European Commission in the sustainability reporting field. 
  

• 01/06/2022 - EFRAG Update May 2022

  ​The May 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 31/05/2022 - EFRAG issues the set of Basis for conclusions of its ESRS Exposure Drafts

  ​EFRAG issues the set of Basis for conclusions to supplement the draft ESRS Exposure Drafts (EDs) developed by the EFRAG PTF-ESRS. The consultation on the EDs was launched on 29 April and is open until 8 August 2022. No comments are requested on the Basis for conclusions.
  

• 23/05/2022 - Call for candidates for EFRAG Sustainability Reporting TEG focused on SME and social expertise

  EFRAG has open positions for two new seats in the EFRAG Sustainability Reporting TEG focused on SME and social expertise. 
  

  Submissions, setting out the name, CV and motivation should be sent, by 20 June 2022, by email to EFRAG to the attention of Jean-Paul Gauzès, EFRAG Administrative Board President, using the email address: nominations@efrag.org. Early applications are encouraged.
  

  The interviews will take place in the form of a webcast meeting. 
  

  Read the full call for candidates here. 
  

• 20/05/2022 - EFRAG, IDOP, RRIF & UNGC Croatia joint outreach event on EFRAG’s Exposure Drafts on draft ESRS

  EFRAG, IDOP, RRIF & UNGC Croatia will launch the first joint outreach event on EFRAG's Exposure Drafts (EDs) on Draft European Sustainability Reporting Standards, on Wednesday, 25 May from 10:00 to 12:00 CEST in Zagreb, Croatia.

  This event will be in Croatian except for the panel discussion that will be in English.

  Download the programme and register here for this hybrid event.
  

• 18/05/2022 - EFRAG holds a new public educational session on EDs draft ESRS E3 & E4

  This is a new educational session jointly for the EFRAG Sustainability Reporting Board (SRB) and the EFRAG Sustainability Reporting TEG (SR TEG) on the Exposure Drafts (EDs) on draft ESRS E3 Water and marine resources and draft ESRS E4 Biodiversity and ecosystems, Monday 23 May 18.00 – 19.30 CEST.
  

  This educational session can be accessed here.
  

  All of these educational sessions are held in public and the recordings are publicly available here.
  
  

• 16/05/2022 - EFRAG holds public educational sessions on the draft ESRS EDs

  EFRAG is organising a series of educational sessions jointly for the EFRAG Sustainability Reporting Board (SRB) and the EFRAG Sustainability Reporting TEG (SR TEG) on the draft ESRS Exposure Drafts (EDs) issued for public consultation on 29 April. The sessions are held in public and the recordings are publicly available here.
  

• 04/05/2022 - EFRAG Public Consultation on Draft ESRS EDs: working links to online survey

  ​The updated links to the online survey for EFRAG’s public consultation on DRAFT ESRS EDs now available here.
  

• 02/05/2022 - EFRAG Update April 2022

  ​The April 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 02/05/2022 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on the amendments to IFRS 17 Initial Application of IFRS 17 and IFRS 9 - Comparative Information is now reflected in the EFRAG Endorsement Status Report.
  

• 29/04/2022 - EFRAG public consultation deadline is approching

  ​EFRAG launched a public consultation on the Draft ESRS Exposure Drafts (EDs) developed by the EFRAG PTF-ESRS. The consultation period will run until 8 August 2022.
  

  ​Access the EDs of Draft ESRS and the online survey here.
  

  Read the press release here.
  

• 28/04/2022 - EFRAG thanks the PTF-ESRS for its tremendous work on the EDs Draft ESRS

  The PTF-ESRS held its last plenary meeting on 25 and 26 April and handed over its Exposure Drafts to the EFRAG SR TEG and EFRAG SRB. The public consultation for the Exposure Drafts will be launched soon with a deadline of 8 August. 
  

• 25/04/2022 - EFRAG welcomes its new Sustainability Reporting Technical Expert Group

  ​The EFRAG Sustainability Reporting Board has appointed the members of the EFRAG Sustainability Reporting Technical Expert Group (EFRAG SR TEG). This completes the main steps of integrating the EFRAG Sustainability Reporting Pillar in the EFRAG structure.

  Read the full press release here.
  

• 19/04/2022 - EFRAG Administrative Board webcast meeting 20 April 2022

  ​EFRAG announces that it will hold a public session of the Administrative Board webcast meeting on Wednesday 20 April 2022. To watch the live webcast please click here.
  

• 01/04/2022 - EFRAG Update March 2022

  The March 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 30/03/2022 - Three key steps for EFRAG’s Sustainability reporting pillar before the end of April

  ​In the context of the letter received from Commissioner McGuinness in May 2021, EFRAG is happy to report on three key achievements to be completed by the end of April 2022:
  

  • The organisation of its Sustainability reporting pillar;
  • The finalisation of a first set of exposure drafts; and
  • The launch of the public consultation on the exposure drafts.

• 25/03/2022 - Job opportunities - EFRAG sustainability reporting technical staff

  ​EFRAG has open positions for the sustainability reporting standard-setting work:
  

  • Permanent sustainability reporting technical staff in Brussels on a full time basis to work on the development of draft EU sustainability reporting standards. Read the full job description here.
    

  •  Secondments in kind, ideally on a full-time basis but at a minimum, 50% part-time. EFRAG is asking for such secondments till the end of 2022 (and beyond). They would be part of the technical staff supporting the sustainability reporting standard-setting work. Read the full job description here.
    

  Appy by 31 March 2022.
  

• 25/03/2022 - EFRAG Endorsement Status Report - Update

  ​The ARC vote on the Amendments to IAS 12 Income Taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction is now reflected in the EFRAG Endorsement Status Report. 
  
  

• 16/03/2022 - EFRAG welcomes two new members in its Financial Reporting Board

  ​EFRAG welcomes two new members in its Financial Reporting Board. For Sweden, Fredrik Walmeus is replacing Anders Ullberg who has taken up his new role as EFRAG Administrative Board member and for France, Marie Seiller is replacing Patrick de Cambourg who was appointed as EFRAG Sustainability Reporting Board member.
  

• 10/03/2022 - EFRAG welcomes its new Sustainability Reporting Board

  ​EFRAG is glad to report on the progress of its governance reform heading to the target date of 31 March 2022:

  • EFRAG announces the composition of its EFRAG Sustainability Reporting Board
    
  • EFRAG welcomes General Electric (GE) as Friends of EFRAG – Sustainability Reporting
    
  • EFRAG announces the next steps to complete its governance reform by the target date of the end of March.
    

  Read the full press release here.
  

• 08/03/2022 - Come to work in Brussels : EFRAG seeks a financial reporting technical manager

  ​EFRAG is looking for a technical manager with IFRS experience on a full time basis to join our financial reporting team in Brussels. 
  

• 04/03/2022 - Join EFRAG’s permanent Sustainability Reporting Technical Staff

  EFRAG is looking for sustainability reporting professionals interested to join the EFRAG sustainability reporting technical staff to work  in the EFRAG offices in Brussels on a full time basis on the development of draft European sustainability reporting standards. Read the full job description here and apply by  31 March 2022.
  

• 04/03/2022 - Secondments in kind to support EFRAG’s sustainability reporting standard-setting activities

  ​EFRAG is looking for additional secondments in kind, ideally on a full-time basis but at a minimum, 50% part-time. EFRAG is asking for such secondments till the end of 2022 (and beyond). They would be part of the technical staff supporting the sustainability reporting standard-setting work. Read the full job description here and apply by 31 March 2022.
  

• 03/03/2022 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 1 on disclosure of accounting policies and IAS 8 on definition of accounting estimates are now reflected in the Endorsement Status Report.
  

• 01/03/2022 - EFRAG Update February 2022

  ​The February 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 23/02/2022 - REMINDER-EFRAG calls for candidates for both the Chair and the members of its Sustainability Reporting Technical Expert Group

  
  ​The EFRAG Administrative Board is launching two calls for candidates for, respectively, the Chair and for the members of its EFRAG Sustainability Reporting Technical Experts Group (EFRAG Sustainability Reporting TEG).
  
  Applications for both calls should be provided by 28 February 2022.
  
  The full text of the two calls for candidates for the Chair and the members provides all the relevant details on how to apply.
  

• 21/02/2022 - EFRAG reappointed to Accounting Standards Advisory Forum (ASAF)

  ​IFRS Foundation Trustees have selected EFRAG for reappointment to ASAF for the period 2022–2024.

  
  

• 18/02/2022 - EFRAG welcomes Eurosif to its sustainability reporting membership and completes the composition of the EFRAG Administrative Board

  Brussels 18 February 2022: The EFRAG General Assembly has approved the admission of Eurosif and completed the composition of the EFRAG Administrative Board.

  Read the complete press release here.
  

• 01/02/2022 - EFRAG Update January 2022

  ​The January 202​2 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 27/01/2022 - EFRAG calls for candidates for both the Chair and the members of its Sustainability Reporting Technical Expert Group

  ​The EFRAG Administrative Board is launching two calls for candidates for, respectively, the Chair and for the members of its EFRAG Sustainability Reporting Technical Experts Group (EFRAG Sustainability Reporting TEG)..
  

  Applications for both calls should be provided, at the latest, by 28 February 2022.
  

  The full text of the two calls for candidates for the Chair and the members provide all the relevant details on how to apply.
  

• 26/01/2022 - EFRAG’s call for candidates for its Sustainability Reporting Board

  ​The EFRAG Administrative Board is launching a call for candidates for the EFRAG Sustainability Reporting Board. 

  Candidates can only be nominated by EFRAG Member Organisations. Individuals interested in joining the EFRAG Sustainability Reporting Board should contact the EFRAG Member Organisation(s) that represents their interests. 

  Nominations for membership should be provided at the latest by 10 February 2022.

  The full text of the call for applicants provides all the relevant details on how to apply.
  

• 25/01/2022 - EFRAG welcomes thirteen new member organisations in sustainability reporting

  ​EFRAG is glad to announce milestones in its governance reform relating to the integration of the sustainability pillar in its structure. EFRAG welcomes the membership of thirteen organisations with an interest in sustainability reporting. 
  

  Read the complete press release here. 
  

• 18/01/2022 - EFRAG seeks a financial reporting technical manager

  EFRAG is looking for a technical manager with IFRS experience on a full time basis to join our financial reporting team in Brussels. 
  

• 17/01/2022 - Change in the EFRAG TEG composition

  The new EFRAG Financial Reporting TEG (EFRAG FR TEG) composition has been approved by the EFRAG Financial Reporting Board (EFRAG FR Board).

  EFRAG FR TEG will welcome two new members: Carmen Barrasa and Aranzazu Leo Abad, effective from 1 April 2022.  The EFRAG FR TEG Chairwoman, Chiara Del Prete, has been reappointed for a second term. Jens Berger will replace Nicklas Grip from 1 April 2022 as EFRAG FR TEG Vice-Chair. 

  Four EFRAG FR TEG members have been reappointed: Emmanuelle Guyomard, Erlend Kvaal, David Procházka and Christoph Schauerte. 
  

• 05/01/2022 - EFRAG TEG Chairwoman Chiara Del Prete appointed as IFASS Chair from March following the nomination by EFRAG

  ​EFRAG has been granted the Chairmanship of International Forum of Accounting Standard Setters (IFASS) with EFRAG TEG Chairwoman, Chiara Del Prete, being the new IFASS Chair succeeding Yasunobu Kawanishi, for the March 2022 - March 2024 period.
  

• 03/01/2022 - EFRAG Update December 2021

  ​The December 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 21/12/2021 - Next possibility to join the EFRAG membership -sustainability reporting pillar

  ​EFRAG’s next General Assembly meeting in which new member organisations can admitted takes place on 21January 2022. Expressions of interest received by 14 January 2022 will be in time to be considered. Applications at a later stage will also be welcome! 

  EFRAG invites all organisations, including civil society, to join its new sustainability reporting pillar. Read the call for expressions of interest and the briefing note on who qualifies for EFRAG membership.

  In the proposal for a CSRD, EFRAG is the technical advisor to the EC preparing draft European sustainability reporting standards. Commissioner McGuinness invited EFRAG to reform its governance integrating sustainability activities and a wide range of stakeholders in its governance bodies with an interest in sustainability reporting. 
  

• 21/12/2021 - To joyful holidays and a happy New Year!

  ​The EFRAG Team wishes you happy holidays and a successful New Year.
  

• 17/12/2021 - EFRAG looks forward to cooperation with Emmanuel Faber, the new ISSB Chair in a co-construction spirit

  ​EFRAG welcomes the nomination of Emmanuel Faber as Chair of the International Sustainability Standards Board (ISSB) and looks forward to cooperation in the sustainability reporting standard-setting field in a co-construction spirit.
  

• 15/12/2021 - EC Calls for applications for the EFRAG Sustainability Reporting Board and the EFRAG Financial Reporting Board

  The European Commission is calling for candidates for the Chairs of the EFRAG Reporting Boards and has issued two calls for applications for the positions of Chair of the EFRAG Financial Reporting Board and Chair of the EFRAG Sustainability Reporting Board. 
  

  In its calls for candidates (Financial Reporting – Sustainability Reporting), the European Commission sets out the requirements for the positions and describes the application and selection procedures. Applications should be submitted by email to FISMA-C1@ec.europa.eu no later than 12h00 (mid-day) Brussels time on 1/02/2022.

• 10/12/2021 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of Initial Application of IFRS 17 and IFRS 9 - Comparative Information by the IASB on 9 December 2021.
  

• 03/12/2021 - Who qualifies for EFRAG membership? How can you contribute to EFRAG’s work on preparing draft EU sustainability reporting standards?

  ​On 16 November 2021, EFRAG issued a call for expressions of interest in EFRAG membership focusing on EFRAG’s sustainability reporting activities to ensure a balanced representation of all relevant stakeholders. The call triggered a number of questions in relation to timing, process and who qualifies for EFRAG membership. With this briefing note, we hope to clarify a number of issues.
  

• 01/12/2021 - EFRAG Update November 2021

  ​The November 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 23/11/2021 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of IFRS 17 Insurance Contracts including the 2020 amendments  is now reflected in the Endorsement Status Report.

• 16/11/2021 - EFRAG sustainability reporting pillar - call for expressions of interest for EFRAG membership

  ​In the proposal for a CSRD, EFRAG is the technical advisor to the EC preparing draft European sustainability reporting standards. Commissionner McGuinness invited EFRAG to reform its governance integrating the sustainability activities and a wide range of stakeholders in its governance bodies with an interest in sustainability reporting. EFRAG is now launching a call for expressions of interest for EFRAG membership, and invite all organisations including civil society to join its new sustainability reporting pillar. Expressions of interest are welcome by 8 December 2021.
  

• 29/10/2021 - EFRAG Update October 2021

  The October 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 07/10/2021 - Call for EFRAG TEG members– applications welcome until 25 October

  ​EFRAG extended the deadline for the call for candidates for EFRAG TEG members to 25 October 2021.
  

• 01/10/2021 - EFRAG Update September 2021

  ​The September 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

• 24/09/2021 - REMINDER | EFRAG TECHNICAL EXPERT GROUP (EFRAG TEG) 2022 ROTATION: Call for applicants closes on 11 October 2021

  ​EFRAG is looking for candidates ​from a wide range of backgrounds and geographical origins and welcomes all applications. 

  EFRAG seeks candidates with banking specialist (banker) background and with a user background. 

  EFRAG strives for geographical and gender balance in the composition of EFRAG TEG. 
  

• 21/09/2021 - EFRAG seeks a financial reporting technical manager

  ​EFRAG is looking for a technical manager with IFRS experienceto join our financial reporting team  on a full time basis. ​Applications should be sent by 15 October 2021.
  

• 14/09/2021 - SAVE THE DATE | Autumn Joint Outreach Events Disclosure Requirements in IFRS Standards

  ​On 5 and 7 October 2021, EFRAG invites you to webinars on the IASB ED Disclosure Requirements in IFRS Standards – A Pilot Approach – Proposed Amendments to IFRS 13 and IAS 19 and IASB ED on Subsidiaries without Public Accountability: Disclosures.
  

• 10/09/2021 - EFRAG calls for an academic study and literature review on the likely developments in financial reporting

  ​As part of its proactive research activities, EFRAG is launching a call for tender to produce a holistic assessment of IFRS Standards (strengths, weaknesses, long-term considerations, topics still to be addressed and European needs and requirements). Applications are welcome by 15 October 2021. Read the detailed call for tender here.
  

• 01/09/2021 - EFRAG Update August 2021

  The August 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​
  

  
  

• 31/08/2021 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of the Amendments to IFRS 16 Leases - Covid19-Related Rent Concessions beyond 30 June 2021 is now reflected in the Endorsement Status Report.

• 30/07/2021 - EFRAG Update July 2021

  ​The July 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.
  

• 27/07/2021 - EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG) for the 2022 rotation

  ​EFRAG is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications. EFRAG seeks candidates with banking specialist (banker) background and with a user background. EFRAG strives for geographical and gender balance in the composition of EFRAG TEG. ​

• 21/07/2021 - REMINDER - ​​EFRAG requests comments on its end-of-July-deadline consultation documents.

  ​EFRAG kindly requests constituents’ comments to its consultation documents on IASB projects on rate-regulated activities and business combination under common control​ and EFRAG research project on crypto-assets​. These documents have forthcoming end-of-July deadlines.​​
  

• 16/07/2021 - EFRAG Endorsement Status Report - Update

  ​The ARC vote on IFRS 17 Insurance Contracts including the Amendments is now reflected in the EFRAG Endorsement Status report.

• 13/07/2021 - New EFRAG TEG Country Liaison member for Germany

  ​The EFRAG Board approved the appointment of Ilka Canitz, ASCG technical staff, as EFRAG TEG Country Liaison member for Germany, effective 7 July  2021.
  

• 13/07/2021 - EFRAG welcomes Didrik Thrane-Nielsen as Project Director

  ​EFRAG is glad to announce the appointment of Didrik Thrane-Nielsen as Project Director​. Didrik started with EFRAG on 1 July 2021.
  

• 02/07/2021 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IFRS 3 Business Combinations; IAS 16 Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets; and Annual Improvements 2018-2020 is now reflected in the Endorsement Status Report.

• 30/06/2021 - EFRAG Update June 2021

  ​​The June 202​1 edition of the EFRAG Update, summarising public technical dis​cussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​​​​​​​​​
  

• 24/06/2021 - Sustainability reporting professionals: apply now for a 9 to 12 months compensated position at EFRAG

  EFRAG is looking for sustainability reporting professionals interested in a 9 to 12 months compensated staff position, to contribute to the interim technical work on the development of draft European sustainability reporting standards. Read the detailed call for candidates and apply by 9 July. ​

• 24/06/2021 - EFRAG announces in-kind secondment positions to support its team working on the development of draft European sustainability reporting standards

  ​​Stakeholders interested in sustainability reporting can contribute to EFRAG’s interim technical work on the development of draft European sustainability reporting standards, through in-kind secondments of staff. Expression of interest is requested by 9 July 2021. Read the detailed call for expression of interest here. ​

• 03/06/2021 - EFRAG releases its 2020 Annual Review

  ​Despite 2020 having been a challenging year, EFRAG rose to the challenge and succeeded in delivering on its mission: serving the European public interest in the field of corporate reporting. In 2020 EFRAG enhanced its involvement in the sustainability reporting domain. Read all the details in our 2020 Annual Review.
  

• 01/06/2021 - EFRAG Update May 2021

  ​The May 202​1 edition of the EFRAG Update, summarising public technical discussions held and dec​isions taken during that month, has been pu​blished and can be download​​​​ed below.​​​​​​​​
  

• 31/05/2021 - EFRAG announces the new composition of its Financial Instruments Working Group and two replacements in its Insurance Accounting Working Group

  EFRAG TEG approved the new composition of the EFRAG Financial Instruments Working Group . The EFRAG FIWG Working Group welcomes David Bisnath, Bonafacio Di Francesantonio, Edgar Loew, Holger Meurer, Roberto Spiller, Martin Svitek and Anna Vidal as new members and Gerhard Margetich as new observer. EFRAG also welcomes two replacements in the EFRAG Insurance Accounting Working Group: Davide Ferretti and Andrea Thiele.
  

• 17/05/2021 - Commissioner McGuinness invites EFRAG to start technical work on draft sustainability reporting standards and proceed with governance reforms as soon as possible

  ​In a letter dated 12 May 2021, Commissioner McGuinness invites EFRAG to launch as soon as possible the necessary technical work to develop draft sustainability reporting standards. This work is to be undertaken in parallel to the negotiations of the proposed Corporate Sustainability Reporting Directive (CSRD). The Commissioner also asks EFRAG to move ahead with governance reforms. The development of draft sustainability standards should start before the new EFRAG governance structure will be in place.
  

  ​
  

• 07/05/2021 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of Deferred Tax related to Assets and Liabilities arising from a Single Transaction, amending IAS 12 Income Taxes by the IASB on 7 May 2021 and other timing changes.​

• 30/04/2021 - EFRAG Update April 2021

  The April 202​1 edition of the EFRAG Update, summarising public technical discussions held and dec​isions taken during that month, has been published and can be download​​​​ed below.​​​​​​​
  

• 08/04/2021 - NEW DEADLINE: Academics with corporate reporting expertise to apply for academic fellow at EFRAG by 15 May 2021

  ​EFRAG is seeking an academic fellow with experience in financial reporting and IFRS, or sustainability reporting and a good understanding of broader corporate reporting to work with EFRAG during a sabbatical leave period of between 6 months and two years.
  

• 07/04/2021 - REMINDER | EFRAG seeks members for its Financial Instruments Working Group

  ​Interested stakeholders have until 15 April 2021 to send their applications for the EFRAG Financial Instruments Working Group (EFRAG FIWG). EFRAG seeks candidates with strong technical expertise in financial instruments, along with a sound understanding and application in practice of general IFRS.
  

• 01/04/2021 - EFRAG Update March 2021

  ​​​The March 202​1 edition of the EFRAG Update, summarising public technical discussions held and dec​isions taken during that month, has been published and can be download​​​​ed below.​​​​
  

• 31/03/2021 - New EFRAG TEG composition

  ​The EFRAG Board approved the appointment of three new EFRAG TEG members: Sylvie Koppes and Malgorzata Matusewicz, effective 1 April 2021; and Pierre Phan Van Phi, effective 1 May 2021
  

• 30/03/2021 - New EFRAG Board appointed

  ​The EFRAG General Assembly unanimously agreed the new composition of the EFRAG Board
  

• 25/03/2021 - Austrian Group of Standard Setters joins EFRAG

  ​EFRAG welcomes the Austrian Group of Standard Setters as its latest Member Organisation
  

• 10/03/2021 - EFRAG calls for new members of its Financial Instruments Working Group

  ​EFRAG is renewing the membership of its Financial Instruments Working Group (EFRAG FIWG​). Candidates with strong technical expertise on financial instruments issues, along with a sound understanding of more general IFRS issues and practice should send their applications by 15 April 2021.
  

• 10/03/2021 - EFRAG is recruiting an academic fellow with corporate reporting expertise

  ​EFRAG is seeking an academic fellow with experience in financial reporting and IFRS and good understanding of broader corporate reporting to work with EFRAG during a sabbatical leave period of between 6 months and two years. Applications welcome by 15 April 2021.
  

• 26/02/2021 - EFRAG Update February 2021

  ​The February 202​1 edition of the EFRAG Update, summarising public technical discussions held and dec​isions taken during that month, has been published and can be download​​​​ed below.​​​​

• 26/02/2021 - EFRAG USER UPDATE FEBRUARY 2021

  ​The February 2021 edition​ of the EFRAG User Update provides users of financial statements with information about EFRAG's main publications, discussions held and decisions taken since the previous update. This with the objective of keeping users of financial statements updated in the field of financial reporting. EFRAG User Update can be downloaded below and under the menu 'User Corner' (here​).
  

• 19/02/2021 - REMINDER | CALL FOR EFRAG TEG MEMBERS - 28/02/21

  ​Candidates with an accountancy profession background with an EEA nationality (other than France, Germany, Italy and Spain) have until 28 February to send their applications to join EFRAG’s Technical Expert Group (EFRAG TEG) for the 2021 rotation.
  

• 12/02/2021 - EFRAG Endorsement Status Report - Update

  ​The Endorsement Status Report now reflects the publication of the mendments to IAS 1 and IFRS Practice Statement 2 (Disclosure of Accounting Policies) and IAS 8 (Definition of Accounting Estimates) by the IASB on 12 February 2021.

• 29/01/2021 - EFRAG Update January 2021

  ​The January 202​1 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be download​​​​ed below.​​​​
  

• 28/01/2021 - EFRAG Rate-regulated Activities Working Group and EFRAG Insurance Accounting Working Group: changes to composition

  ​EFRAG TEG has appointed Ralph Welter as the new chair of the EFRAG Rate-regulated Activities Working Group.  Matteo Brusatori and Cardi van Capelle have been appointed as new members of the EFRAG Insurance Accounting Working Group.
  

• 14/01/2021 - Call for EFRAG TEG Members

  ​EFRAG is calling for candidates with an accountancy profession background with an EEA nationality other than France, Germany, Italy and Spain for its Technical Expert Group (EFRAG TEG) for the 2021 rotation.
  

• 14/01/2021 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform – Phase 2 is now reflected in the Endorsement Status Report.

• 05/01/2021 - Change in the EFRAG TEG Composition

  The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome effective from 1 April 2021 two new members: Dennis Jullens and Massimo Tosoni. Two EFRAG TEG members have been reappointed: Erlend Kvaal and Olivier Scherer. One vacancy has been left for candidates with a general accountancy profession background. A call for candidates will soon be issued.
  
  

• 24/12/2020 - EFRAG Update December 2020

  ​The December 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be download​​​​ed below.​​​​
  

• 21/12/2020 - Change to the composition of the EFRAG Board

  ​EFRAG says goodbye to Peter Sampers and welcomes Gerard van Santen as EFRAG Board member on one of the National Standard Setters seats from 1 January 2021.
  

• 18/12/2020 - To a new year of good endavours

  ​The EFRAG Team wishes you peaceful holidays and all the best for 2021.
  

• 16/12/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of the Amendments to IFRS 4 Insurance Contracts – deferral of IFRS 9 is now reflected in the Endorsement Status Report.

• 04/12/2020 - Invitation to nominate candidates to the EFRAG Board

  ​European Stakeholder Organisations and National Standard Setters are invited to nominate candidates to serve as members of the EFRAG Board from 1 May 2021. Expressions of interest are invited by 31 January 2021. New organisations joining EFRAG are also entitled to nominate candidates. 
  

• 01/12/2020 - EFRAG Update November 2020

  ​​The November 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​​
  
  

• 30/10/2020 - EFRAG Update October 2020

  ​The October 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​​
  

• 30/10/2020 - REMINDER | Call for EFRAG TEG members– applications welcome by 2 November COB

  ​Interested candidates have until Monday 2 November, close of business, to send their applications for EFRAG TEG membership.
  

• 23/10/2020 - EFRAG Endorsement Advice on four amendments to IFRS

  ​​EFRAG has completed its due process regarding amendments of  IFRS 1, IFRS 3, IFRS 9, IAS 16, IAS 37 and IAS 41 and has submitted its Endorsement Advice letters to the European Commission.

• 15/10/2020 - Changes to the composition of the EFRAG Board

  ​Karin Dohm and Andreas Barckow have stepped down from the EFRAG Board. EFRAG welcomes Ricardo Sanchez and Sven Morich as new EFRAG Board members and Hans Buysse as EFRAG Board Vice-President.
  

• 12/10/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendment to IFRS 16 Leases Covid 19-Related Rent Concessions is now reflected in the Endorsement Status Report.

• 07/10/2020 - Call for EFRAG TEG Members– Applications welcome till 2 November

  ​EFRAG extended the deadline for the call for candidates for EFRAG TEG members to 2 November to 2020.
  

• 01/10/2020 - EFRAG Update September 2020

  ​The September 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​
  

• 16/09/2020 - Reminder - Call for EFRAG TEG Members

  ​EFRAG’s call for candidates for its Technical Expert Group (EFRAG TEG) for the 2021 rotation is open until 12 October 2020.
  
  

• 31/08/2020 - Reminder: Four EFRAG Draft Endorsement Advices on small amendments to IFRS. Please provide input by 7 September 2020

  ​EFRAG is consulting on its assessment against the technical criteria in the EU and whether the amendments to IFRS 1, IFRS 3, IFRS 9, IAS 16, IAS 37 and IAS 41 are conducive to the European public good.
  

  Comments are requested by 7 September 2020.
  

• 31/08/2020 - EFRAG Update August 2020

  ​The August 202​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​
  

• 03/08/2020 - Co-Chairs appointed to lead the European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model

  ​Mario Abela and Dawn Slevin have been appointed as co-Chairs of the European Lab Project Task Force on reporting of non-financial risks and opportunities and linkage to the business model.
  
  

• 03/08/2020 - EFRAG Update July 2020

  The July 202​​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 20/07/2020 - Extended deadline | EFRAG seeks candidates for Financial Reporting Project Director: as employee or on secondment

  ​EFRAG extends the deadline for applications to the position of Financial Reporting Project Director till 31 August​​. The selected candidate will provide leadership to EFRAG’s technical financial reporting activities and to join the management team. EFRAG would be open to the suitable candidate working as employee or on secondment.​ Read the complete job description. 
  

• 17/07/2020 - Apply now to join the new European Lab Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards

  ​The European Reporting Lab @EFRAG (European Lab) is seeking candidates to participate in the new European Lab Project Task Force on preparatory work for the elaboration of possible EU non-financial reporting standards. Applications should be submitted electronically​ by 17 August 2020. 
  

• 14/07/2020 - REMINDER | EFRAG seeks candidates for Financial Reporting Project Director

  There is still time to send your application for the position of Financial Reporting Project Director at EFRAG to provide leadership to its technical financial reporting activities and to join our management team. Read the complete job description​. 
  

• 09/07/2020 - Call for EFRAG TEG Members

  EFRAG is calling for candidates​ for its Technical Expert Group (EFRAG TEG) for the 2021 rotation. Applications should be sent to EFRAG at the latest by 12 October 2020. ​
  

• 06/07/2020 - EFRAG seeks secondments

  ​EFRAG is looking for technical managers with IFRS experience on a full time or part-time basis seconded from your firm or company or as a service-provider from your firm or company.​ Applications are welcome by 15 August 2020, addressed to Saskia Slomp (EFRAG CEO) at Rh@efrag.org .​
  

• 06/07/2020 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Covid-19-Related Rent Concessions (amendment to IFRS 16) is now reflected in the EFRAG Endorsement Status Report.

• 02/07/2020 - EFRAG mandated to provide recommendations on possible European Non-Financial Reporting Standards

  Executive Vice President Valdis Dombrovskis has issued a request for technical advice mandating EFRAG to undertake preparatory work for possible EU Non-Financial Reporting Standards in a revised Non-Financial Reporting Directive (NFRD). 
  

  In addition, Executive Vice President Valdis Dombrovskis has invited EFRAG Board President and European Lab Steering Group Chairman Jean Paul Gauzès to consider the possible need for changes to the governance and financing of EFRAG in the context of the possible development of European non-financial reporting standards.
  

• 01/07/2020 - EFRAG Update June 2020

  ​The June 202​​0 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​
  

• 18/06/2020 - EFRAG seeks candidates for Project Director

  ​EFRAG is calling for candidates to fill the position of Project Director to provide leadership to its technical financial reporting activities and to join the EFRAG management team.
  

• 02/06/2020 - EFRAG Update May 2020

  ​​The May 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​
  

• 19/05/2020 - EFRAG releases its 2019 Annual Review

  ​Find out more about EFRAG’s activities in 2019 and the first months of 2020 in our Annual Review​.  
  

• 30/04/2020 - EFRAG Update April 2020

  ​The April 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​​
  

• 22/04/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IFRS 3 Business Combinations: Definition of a business combination is now reflected in the Endorsement Status Report.

• 31/03/2020 - EFRAG Update March 2020

  ​The March 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​
  

• 27/03/2020 - EFRAG requests the IASB to extend its consultation periods

  In the context of the pandemic, EFRAG has sent a letter to the IASB requesting longer consultation periods.
  

• 27/03/2020 - Article | Joint networking event EFRAG and the IFRS Foundation Trustees | 18 Feb. 2020

  ​The article on the networking stakeholder event co-hosted with the IFRS Foundation Trustees on 18 February 2020 is now available.
  

• 26/03/2020 - EFRAG Letter to the IASB on IFRS17 amendments

  ​EFRAG publishes a letter that was sent to the IASB acknowledging the progress made so far and drawing attention to the annual cohort requirement.
  

• 19/03/2020 - EFRAG Alert related to the spread of the coronavirus

  ​The coronavirus (COVID-19) pandemic is affecting us all and is leading to far-reaching health and safety measures. EFRAG fully complies with the relevant Belgian measures and prioritises the health and well-being of our staff and stakeholders whilst continuing to operate as effectively as possible.
  

• 10/03/2020 - EFRAG March Meetings - Alert related to the spread of the coronavirus

  ​The uncertainty around the coronavirus (COVID-19) affects us all and we want to reduce the risk inherent to a European organisation. EFRAG has decided to turn all physical meetings scheduled for March into webcast meetings.​​
  

• 28/02/2020 - EFRAG User Update February 2020

  ​The February 2020 edition of the EFRAG User Update provides users of financial statements with information about EFRAG's main the publications, discussions held and decisions taken since the previous update. This with the objective of keeping users of financial statements updated in the field of financial reporting. EFRAG User Update can be downloaded below and under the menu 'User Corner'.

• 28/02/2020 - EFRAG Update February 2020

  ​The February 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 25/02/2020 - Visit the European Corporate Reporting Lab @EFRAG

  ​Discover in 2 minutes how the European Corporate Reporting Lab @EFRAG (European Lab) stimulates innovation in the field of corporate reporting in Europe, by identifying and sharing good practices.
  

• 21/02/2020 - EFRAG announces the new composition of its Rate-regulated Activities Working Group

  ​EFRAG TEG approved the new composition of the EFRAG Rate-regulated Activities Working Group. The EFRAG RRA Working Group welcomes Giorgio Alessio Acunzo, Jean Louis Caulier, Claire Dusser, Isabelle Nuss and Samuel Vaughan as new members and Gerard van Santen as new Chair.
  

• 10/02/2020 - Joint Networking Event EFRAG and the IFRS Trustees Foundation - 18/02/2020

  EFRAG and the IFRS Foundation Trustees, will organise a joint European networking event : Financial reporting: remaining relevant in a changing environment, on 18 February 2020 evening in Brussels.

• 03/02/2020 - EFRAG Update January 2020

  ​The January 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 23/01/2020 - EFRAG Endorsement Status Report - Update

  ​​The publication of Classification of Liabilities as Current or Non-current (amendments to IAS 1 Presentation of Financial Statements) is now reflected in the Endorsement Status Report

• 17/01/2020 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Interest Rate Benchmark Reform: Amendments to IFRS 9, IAS 39 and IFRS 7 is now reflected in the Endorsement Status Report.

• 13/01/2020 - REMINDER - EFRAG Rate-Regulated Activities Working Group is open for new members

  ​EFRAG launches a call for applicants for its Rate-regulated Activities Working Group (EFRAG RRAWG).​
  

• 08/01/2020 - EFRAG Board President awarded the order of Officier de la Légion d’Honneur

  EFRAG congratulates Jean-Paul Gauzès, EFRAG Board President, on being awarded the order of Officier de la Légion d'Honneur, one of the highest national distinctions in France.​​
  

• 07/01/2020 - New EFRAG TEG Composition

  ​The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome four new members: Jens Berger, Erlend Kvaal, David Procházka and Christoph Schauerte. Six EFRAG TEG members have been reappointed:  Nicklas Grip (EFRAG TEG Vice-Chair), Ana Rosa Cortez, Geert Ewalts, Emmanuelle Guyomard, Ambrogio Virgilio and Jed Wrigley.
  

• 06/01/2020 - EFRAG Update December 2019

  ​The December 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 19/12/2019 - Happy holidays!

  ​The EFRAG Team wishes you a joyful winter break and all the best for 2020.
  

• 18/12/2019 - Call for EFRAG Rate-regulated Activities Working Group members

  ​EFRAG has decided to renew the membership of its Rate-regulated Activities Working Group (EFRAG RRAWG).

• 18/12/2019 - Change to the composition of the EFRAG Board

  ​EFRAG says goodbye to Stig Enevoldsen and welcomes Søren Kok Olsen as EFRAG Board member for one of the National Standard Setters seats from 1 January 2020.​
  

• 11/12/2019 - EFRAG Endorsement Status Report Update

  The endorsement by the European Commission of Amendments to IAS 1 and IAS 8 is now reflected in the Endorsement Status Report.

• 09/12/2019 - EFRAG Endorsement Status Report - Update

  The endorsement by the European Commission of Amendments to References to the Conceptual Framework in IFRS Standards is now reflected in the Endorsement Status Report. 
  

• 03/12/2019 - EFRAG Update November 2019

  ​The November 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 02/12/2019 - EFRAG thanks its Technical Director: Patricia McBride

  ​Our Technical Director, Patricia McBride, retired from EFRAG at the end of November 2019.  We are grateful for the invaluable contributions she made and her commitment to EFRAG for approximately 6 years. We wish her much happiness as she begins a new chapter of her life.​
  

• 19/11/2019 - EFRAG welcomes Kathrin Schöne as Project Director

  EFRAG Board is delighted to announce the appointment of Kathrin Schöne as Project Director. Kathrin ​started with EFRAG on 18 November 2019. 
  

• 06/11/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7) is now reflected in the EFRAG Endorsement Status Report.

   

• 31/10/2019 - EFRAG Update October 2019

  ​The October 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 21/10/2019 - Video presentation – EFRAG’s discussion paper: Accounting for Pension Plans with an Asset-return Promise is still open for comments until 15 November

  ​Discover EFRAG’s discussion paper Accounting for Pension Plans with an Asset-return Promise with a brief video ​prepared by EFRAG’s pension plans team. Comments on the discussion paper are welcome by 15 November.
  

• 04/10/2019 - RENEWAL OF EFRAG TEG COMPOSITION - NEW DEADLINE FOR APPLICATIONS

  Applications for membership of the EFRAG Technical Expert Group (EFRAG TEG) are now welcome by 21 October 2019.  The detailed application procedure can be found in the call for EFRAG TEG candidates.
  
  

• 01/10/2019 - EFRAG Update September 2019

  The September 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 01/10/2019 - 22/10/2019 – Final programme now available for our Joint Investor Outreach Event in Milan

  Have a look at our final programme and register for our Joint Investor Outreach Event on should climate change impact accounting, and what is new in accounting for insurance with a focus on investors and analysts.
  

  ​

  
   

• 26/09/2019 - Visit EFRAG’s user corner!

  EFRAG’s website has recently been refreshed and we have introduced the user corner, addressed to users of corporate reporting. This new section will be regularly updated with information on EFRAG and European Lab activities relevant to users.
  

• 13/09/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Amendment to IFRS 3 Business combinations is now reflected in the EFRAG Endorsement Status Report.

• 12/09/2019 - EFRAG CALL FOR CONSULTANT SUPPORT IN RESEARCH ON ACCOUNTING FOR CRYPTO-ASSETS

  E​FRAG seeks consultancy support in research on the accounting for crypto-assets. Applications are welcome by 27 September 2019 at call.for.tender@efrag.org.​
  

• 11/09/2019 - REMINDER - CALL FOR CANDIDATES FOR EFRAG TEG MEMBERSHIP

  ​EFRAG seeks candidates for the 2020 rotation of its Technical Expert Group (EFRAG TEG). 

• 10/09/2019 - Change to the EFRAG TEG composition

  ​EFRAG announces a replacement in EFRAG TEG. Olivier Schérer has been appointment as new EFRAG TEG member effective from 16 September. ​​​
  

• 10/09/2019 - Save the date: Joint Investor Outreach Event Milan 22 October: two topics of interest!

  ​EFRAG, EFFAS, OIC and AIAF are very pleased to invite you to the 2019 joint investors and analysts outreach event on 22 October in Milan. The event will address two topics that are important to investors and financial analysts: the impact of climate change on reporting and the expected impacts of IFRS 17 on Insurers.​

  
  
  

• 29/08/2019 - EFRAG Endorsement Status Report - Update

  ​The ARC vote by written procedure on Amendments to References to the Conceptual Framework in IFRS Standards and Amendments to IAS 1 and IAS 8: Definition of Material is now reflected in the EFRAG Endorsement Status Report.

• 23/08/2019 - EFRAG Update August 2019

  The August 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. ​​

• 31/07/2019 - ​EFRAG Update July 2019

  The July 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. 

• 17/07/2019 - EFRAG in 100 seconds

  EFRAG releases a short video detailing its mission and activities.  You can watch it here.​ Please share it with your members and stakeholders.
  

• 15/07/2019 - 15/07/2019 - CALL FOR EFRAG TEG MEMBERS

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG) for the 2020 rotation.
  

• 28/06/2019 - EFRAG Update June 2019

  The June 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 25/06/2019 - EFRAG Board President and Vice-President reappointed by the EFRAG General Assembly

  ​Following the recommendation from the European Commission, the EFRAG General Assembly has reappointed Jean-Paul Gauzès and Andreas Barckow as Board President and Vice President respectively.​
  

• 03/06/2019 - EFRAG Update May 2019

  ​The May 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 29/04/2019 - EFRAG Update April 2019

  ​The April 2019 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below .

• 25/04/2019 - EFRAG Annual Review 2018

  EFRAG has published its Annual Review 2018​. Find out how EFRAG is working to deliver financial and sustainable reporting in Europe's interest. ​
  

• 28/03/2019 - EFRAG Update March 2019

  The March 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​.
  

• 22/03/2019 - New EFRAG TEG Chairwoman and EFRAG CEO

  The EFRAG Board has appointed Chiara Del Prete as the new EFRAG TEG Chairwoman and Saskia Slomp as the new EFRAG CEO starting April 2019.

• 18/03/2019 - EFRAG Endorsement Status Report - Update

  The endorsement by the European Commission of Annual Improvements to IFRS Standards 2015-2017 Cycle is now reflected in the Endorsement Status Report.

• 14/03/2019 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 19: Plan Amendment, Curtailment or Settlement is now reflected in the Endorsement Status Report. 

• 04/03/2019 - EFRAG Update February 2019

  ​The February 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 11/02/2019 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Amendments to IAS 28: Long-term Interests in Associates and Joint Ventures is now reflected in the Endorsement Status Report.

• 01/02/2019 - EFRAG Update January 2019

  The January 2019 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 08/01/2019 - New EFRAG TEG composition announced

  ​The new EFRAG TEG composition has been approved by the EFRAG Board. EFRAG TEG will welcome one new member, Isabelle Grauer-Gaynor as Silvia Dinova retires from EFRAG TEG. Five EFRAG TEG members are to be reappointed: Geert Ewalts, Günther Gebhardt, Heinz Hense, Andrew Spooner, and Ambrogio Virgilio. In due course an announcement will be made about the appointment of the EFRAG TEG Chairman.

• 02/01/2019 - EFRAG Update December 2018

  The December 2018 edition of the EFRAG Update, summarising public technical discussions held ​and decisions taken during that month, has been published and can be downloaded below​​

• 30/11/2018 - EFRAG Update November 2018

  ​The November 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded here​
  

• 02/11/2018 - EFRAG Endorsement Status Report - Update

  The publication of Definition of Material (Amendments to IAS 1 and IAS 8) is now reflected in the Endorsement Status Report.​​​

• 30/10/2018 - EFRAG Update October 2018

  ​​​The October 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 24/10/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of IFRIC 23 Uncertainty over Income Tax Treatments is now reflected in the Endorsement Status Report.

• 05/10/2018 - CALL FOR EFRAG TEG CHAIRMAN AND CEO – APPLICATIONS WELCOME TILL 2 NOVEMBER

  ​EFRAG has decided to extend the deadline for the call for candidates to fulfil the position of EFRAG TEG Chairman and CEO as of 1 April 2019.

• 28/09/2018 - EFRAG Update September 2018

  ​The September 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 12/09/2018 - EFRAG Endorsement Status Report Update

  ​The ARC voted by written procedure on IAS 28 - Long-Term Interest in Associates and Joint Ventures.

• 30/08/2018 - EFRAG Update August 2018

  ​The August 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 15/08/2018 - EFRAG Endorsement Status Report Update

  ​The ARC votes by written procedure on  IFRIC 23 and Annual Improvements to IFRS Standards 2015-2017 are now reflected in the EFRAG Endorsement Status Report.

• 02/08/2018 - CALL FOR EFRAG TEG CHAIRMAN AND CEO

  ​EFRAG is calling for candidates to fulfil the position of EFRAG TEG Chairman and CEO as of 1 April 2019, since the mandate of Andrew Watchman cannot be renewed because of his UK nationality.

• 31/07/2018 - EFRAG Update July 2018

  ​The July 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 18/07/2018 - EFRAG privacy policy update

  ​EFRAG has updated its privacy policy.  ​
  

• 13/07/2018 - Call for EFRAG TEG members

  ​EFRAG invites applications for membership of its Technical Expert Group (EFRAG TEG). EFRAG is seeking candidates with user, preparer and academic backgrounds.
  

• 12/07/2018 - Bilateral meeting between EFRAG and ASBJ

  ​Representatives of EFRAG and the Accounting Standards Board of Japan (ASBJ) met on 11 July 2018, in Brussels, Belgium. Both provided updates on their respective activities and exchanged views on the opportunities for cooperation.​​
  

• 27/06/2018 - EFRAG Update June 2018

  ​The June 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 05/06/2018 - EFRAG Update May 2018

  The May 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 25/05/2018 - Symposium on different business models and consistent reporting

  ​EFRAG and the OIC sponsor high-level panel discussion at the 41^st EAA congress in Milan.

• 25/04/2018 - EFRAG Update April 2018

  The April 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 05/04/2018 - EFRAG has a new main telephone number

  EFRAG's main telephone number has been changed and you can now reach us at +32 (0)2 207 93 00.
  

• 03/04/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of IFRIC 22 Foreign Currency Transactions and Advance Consideration is now reflected in the Endorsement Status Report. 

• 29/03/2018 - EFRAG Endorsement Status Report - Update

  The Endorsement Status Report now reflects the publication of Amendments to References to the Conceptual Framework in IFRS Standards by the IASB on 29 March 2018.

• 28/03/2018 - EFRAG Update March 2018

  The March 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​​

• 26/03/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Prepayment Features with Negative Compensation (Amendments to IFRS 9) is now reflected in the Endorsement Status Report.

• 21/03/2018 - Annual Review 2017

  ​EFRAG has published its Annual Review 2017. Find out how EFRAG is working to deliver financial reporting in Europe's interest. 

• 15/03/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Transfers of Investment Property (Amendments to IAS 40) is now reflected in the Endorsement Status Report.

• 06/03/2018 - Perception audit of EFRAG published

  ​EFRAG commissioned an independent perception audit in the fourth quarter of 2017 to gauge awareness of its work in the financial reporting community and provide a snapshot of the organisation's progress in delivering on its European public interest mission.  ​​​
  

• 05/03/2018 - EFRAG is going live!

  ​​EFRAG is excited to announce that it will start broadcasting its public meetings from March 2018 onwards. To register to our first live EFRAG TEG meeting, please click here.

• 28/02/2018 - EFRAG Update February 2018

  ​The February 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 27/02/2018 - EFRAG Endorsement Status Report - Update

  ​The endorsement by the European Commission of Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) is now reflected in the Endorsement Status Report.

• 08/02/2018 - EFRAG Endorsement Status Report - Update 8 February 2018

  ​The endorsement by the European Commission of Annual Improvements to IFRS Standards 2014-2016 Cycle is now reflected in the EFRAG Endorsement Status Report.

• 07/02/2018 - EFRAG Endorsement Status Report - Update 7 February 2018

  ​The Endorsement Status Report now reflects the publication of ​Plan Amendment, Curtailment or Settlement (Amendments to IAS 19) by the IASB on 7 February 2018 and other timing changes.

• 26/01/2018 - EFRAG Open Call for Tenders related to IFRS 17 Insurance Contracts

  ​EFRAG has issued today an open call for tenders to assist EFRAG in its impact analysis of IFRS 17 Insurance Contracts. EFRAG is specifically looking for economic and behavioural expertise as input to EFRAG's endorsement advice on IFRS 17.

• 26/01/2018 - EFRAG Update January 2018

  ​The January 2018 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 20/12/2017 - EFRAG Update December 2017

  ​The December 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 19/12/2017 - Happy Holidays!

  ​​On behalf of everyone at EFRAG, we wish you a happy holiday season. 
  

• 15/12/2017 - EFRAG Endorsement Status Report - Update 15 December 2017

  ​The Endorsement Status Report now reflects:

  • the publication of EFRAG's draft endorsement advice letter and invitation to comment on Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) on 15 December 2017; and
  • the publication of Annual Improvements to IFRS Standards 2015-2017 Cycle by the IASB on 12 December 2017.

• 11/12/2017 - New EFRAG TEG composition announced

  ​The new EFRAG Technical Expert Group (TEG) composition, effective 1 April 2018, has been approved by the EFRAG Board. EFRAG TEG welcomes two new members, Emmanuelle Guyomard and Jed Wrigley, as Nicolas de Paillerets and Serge Pattyn retire as EFRAG TEG members​. Nicklas Grip is reappointed as EFRAG TEG Vice-Chairman and five other members are also reappointed: Ana Cortez, Guenther Gebhardt, Heinz Hense, Soren Kok Olsen and Andrew Spooner.​
  

• 08/12/2017 - Philippe Maystadt

  ​It is with great sadness that EFRAG acknowledges the passing away of Philippe Maystadt on 7 December.

• 27/11/2017 - EFRAG Update November 2017

  ​The November 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 09/11/2017 - EFRAG Endorsement Status Report - Update 9 November 2017

  ​The European Commission has endorsed the following IFRS Standards and amendments:

  • IFRS 16 Leases
  • Clarifications to IFRS 15 Revenue from Contracts with Customers
  • Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4)
  • Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12)
  • Disclosure Initiative (Amendments to IAS 7)

• 30/10/2017 - EFRAG Update October 2017

  ​The October 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 26/10/2017 - New EFRAG Board appointed

  ​The composition of the new EFRAG Board has been unanimously agreed by the EFRAG General Assembly.
  

• 26/10/2017 - EFRAG welcomes ICAC as its latest member organisation

  Further to the EFRAG General Assembly ICAC, the Spanish standard setter, has joined EFRAG.
  
  

• 12/10/2017 - EFRAG Endorsement Status Report 12 October 2017

  ​The publication of Prepayment Features with Negative Compensation (Amendments to IFRS 9) and Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) on 12 October 2017 are now reflected in the Endorsement Status Report. 

• 28/09/2017 - EFRAG Update survey

   Are you an EFRAG Update reader? Please help us improve our newsletter by completing this super short survey right now.

• 25/09/2017 - EFRAG Update September 2017

  The September 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​​below.

• 31/08/2017 - Introducing EFRAG

  ​A new brochure providing a brief overview of EFRAG's work and highlighting the three core activities of the organisation.
  

• 28/07/2017 - EFRAG Update July 2017

  The July 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.​

• 19/07/2017 - EFRAG is recruiting an academic fellow with financial reporting expertise

  ​EFRAG is seeking an academic fellow with experience in financial reporting and IFRS to work with EFRAG during a sabbatical leave period of between 6 months and two years.

• 10/07/2017 - CALL FOR EFRAG TEG APPLICANTS

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). Eight of the sixteen members of EFRAG TEG will reach the end of their current term of appointment on 31 March 2018. Six of these eight members are eligible for reappointment and two will reach the end of their maximum term and cannot be reappointed.

• 06/07/2017 - EFRAG Endorsement Status Report 6 July 2017

  ​The ARC vote by written procedure on Amendments to IAS 7, Amendments to IAS 12 and Clarifications to IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

   

• 30/06/2017 - EFRAG Update June 2017

  The June 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.

• 29/06/2017 - EFRAG Endorsement Status Report 29 June 2017

  ​The ARC vote on IFRS 16 Leases and Amendments to IFRS 4 Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts is now reflected in the EFRAG Endorsement Status Report.

• 15/06/2017 - EFRAG Annual Review 2016 now available

  ​Featuring recent highlights from the European voice in financial reporting, find out how EFRAG’s new leadership team has set about enhancing the organisation’s three core activities: providing upstream influence; improving IFRS; and delivering endorsement advice.
  

• 12/06/2017 - Changes to the composition of the EFRAG Board and EFRAG TEG

  ​EFRAG announces replacements in the EFRAG Board and EFRAG TEG. Chris De Noose has been appointed as EFRAG Board member on one of the banking seats and Ana Cortez has been appointed as EFRAG TEG member.

• 07/06/2017 - EFRAG Endorsement Status Report 7 June 2017

  ​The publication of IFRIC 23 Uncertainty over Income Tax Treatments on 7 June 2017 is now reflected in the Endorsement Status Report.

• 07/06/2017 - Invitation to nominate candidates to the new EFRAG Board

  ​European Stakeholder Organisations and National Standard Setters are invited to nominate candidates to serve as members of the EFRAG Board from 1 November 2017. The invitation coincides with EFRAG’s move to broaden its membership base. Having all European organisations with an interest in financial reporting and a wider geographical coverage helps EFRAG to fulfil its public interest mission of developing and promoting European views in the IASB standard-setting process and ensuring that new IFRS are suitable for Europe.

• 06/06/2017 - EFRAG Update May 2017

  The May 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded ​below.

• 31/05/2017 - European Commission interviews EFRAG President Jean-Paul Gauzès

  The President discusses the role of EFRAG in international financial reporting standard-setting, its relationship with the IASB, future priorities and how his political background contributes to his current role.
  

• 30/05/2017 - Joint meeting between EFRAG and the KASB

  ​Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Korea Accounting Standards Board (KASB) held their second joint meeting on 15 May 2017 in Seoul.
  

• 18/05/2017 - EFRAG and the ASBJ hold bilateral meeting

  The third bilateral meeting between EFRAG and the Accounting Standards Board of Japan (ASBJ) ​took place on 17 and 18 May 2017 
  

• 18/05/2017 - EFRAG Endorsement Status Report 18 May 2017

  ​The publication of IFRS 17 Insurance Contracts on 18 May 2017 is now reflected in the Endorsement Status Report.

• 03/05/2017 - EFRAG Update April 2017

  The April 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 05/04/2017 - EFRAG Academic Panel and new Academic Network to boost EFRAG’s evidence-based work on financial reporting

  EFRAG TEG approves composition of the EFRAG Academic Panel and greenlights the establishment of the EFRAG Academic Network.

• 03/04/2017 - EFRAG announces the new composition of its Rate-regulated Activities Working Group

  ​EFRAG TEG approves renewed composition of the EFRAG Rate-regulated Activities Working Group.

• 31/03/2017 - EFRAG Update March 2017

  The March 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 21/03/2017 - EFRAG seeking to broaden its membership

  ​EFRAG membership provides an opportunity to contribute to EFRAG’s public interest mission by developing and promoting European views in the field of financial reporting and ensuring these views are properly considered in the IASB standard-setting process and in related international debates.

• 01/03/2017 - European Council and European Parliament express confidence in EFRAG governance

  ​​EFRAG welcomes the provisional agreement reached between the Maltese Presidency and the European Parliament representatives on EFRAG’s funding.

• 28/02/2017 - EFRAG announces the composition of its Pension Plans Advisory Panel

  ​EFRAG TEG has approved in its February  meeting the composition of the EFRAG Pension Plans Advisory Panel.

• 27/02/2017 - EFRAG Update February 2017

  The February 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 31/01/2017 - EFRAG Update January 2017

  The January 2017 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 19/01/2017 - EFRAG calls for new members of its EFRAG Rate-regulated Activities Working Group

  ​EFRAG has decided to renew the membership of its Rate-regulated Activities Working Group (EFRAG RRAWG).

• 17/01/2017 - EFRAG calls for candidates for its Advisory Panel on Pension Plans

  ​EFRAG has started a Research project to investigate possible improvements to the current requirements for accounting for pension plans under IFRS. EFRAG’s current focus is on plans that provide benefits linked to the return on specified assets. To provide expert advice on the project, EFRAG is setting up a pan-European Advisory Panel. If you are interested, please write to us at nominations@efrag.org by 20 February 2017.

• 16/01/2017 - NEW EFRAG TEG COMPOSITION – APRIL 2017

  ​On 13 December, the EFRAG Board decided to appoint Silvia Dinova (Grant Thornton, Bulgaria) as a new member of EFRAG TEG. The Board also reappointed Geert Ewalts, Günther Gebhardt, Heinz Hense, Andrew Spooner and Ambrogio Virgilio as EFRAG TEG members for a new term.

• 13/01/2017 - EFRAG calls for candidates for its new Academic Panel

  ​Research activities will be increasingly important in the IASB and EFRAG work plans in the coming years. The academic community can provide valuable input on many aspects of these activities.  EFRAG intends to strengthen its relationship with the academic community by setting up an Academic Panel on financial reporting and accounting and is therefore launching a call for nominations to the Panel. If you are interested, please write to us at nominations@efrag.org by 1 March 2017.

• 21/12/2016 - EFRAG Update December 2016

  The December 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 19/12/2016 - BEST WISHES!

  ​On behalf of everyone at EFRAG, we thank you for your contribution to our activities in 2016 and we are looking forward to our continued cooperation in 2017. Merry Christmas and all the best for 2017!

• 16/12/2016 - Appointment EFRAG Board Vice-President and EFRAG General Assembly Nominating Committee

  ​The EFRAG General Assembly appointed in its meeting of 15 December, Andreas Barckow, President of the German Standard Setter ASCG as Vice- President of the EFRAG Board. The EFRAG General Assembly confirmed the composition of the EFRAG General Assembly Nominating Committee.

• 08/12/2016 - EFRAG Endorsement Status Report 8 December 2016

  ​Three IASB publications on 8 December 2016 are now reflected in the Endorsement Status Report.

• 29/11/2016 - EFRAG Endorsement Status Report 29 November 2016

  ​The endorsement by the European Commission of IFRS 9 Financial Instruments is now reflected in the EFRAG Endorsement Status Report.

• 28/11/2016 - EFRAG Update November 2016

  The November 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below​.

• 02/11/2016 - EFRAG Update October 2016

  ​The October 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 31/10/2016 - EFRAG Endorsement Status Report 31 October 2016

  ​The endorsement by the European Commission of IFRS 15 Revenue from Contracts with Customers including amendments to IFRS 15: Effective date of IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

• 04/10/2016 - Reminder Call for EFRAG TEG Applicants – Contribute to European input in the IFRS process

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). The present mandate period of six of the sixteen EFRAG TEG members expires on 31 March 2017 and the mandate of three country liaison members expires on 30 November 2016. All existing members are eligible for reappointment.  We remind you that the call is soon closing and recommend that all candidates should submit their candidatures preferably by 7 October 2016.

• 26/09/2016 - EFRAG Endorsement Status Report 23 September 2016

  ​The endorsement by the European Commission of Amendments to IFRS 10, IFRS 12 and IAS 28: Investment Entities - Applying the Consolidation Exception is now reflected in the EFRAG Endorsement Status Report.

• 19/09/2016 - EFRAG Update September 2016

  ​The September 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 12/09/2016 - EFRAG Endorsement Status Report 12 September 2016

  ​The publication of Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts (Amendments to IFRS 4) on 12 September 2016 is now reflected in the Endorsement Status Report.

• 29/07/2016 - EFRAG announces the new composition of its Insurance Accounting Working Group and Financial Instruments Working Group

  ​EFRAG TEG has approved in its July meeting the new composition of the EFRAG Insurance Accounting Working Group and the EFRAG Financial Instruments Working Group effective from 1 September 2016.

• 28/07/2016 - EFRAG Update July 2016

  The July 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.​

• 20/07/2016 - Call for EFRAG TEG Applicants

  ​EFRAG is calling for candidates for its Technical Expert Group (EFRAG TEG). The present mandate period of six of the sixteen EFRAG TEG members expires on 31 March 2017 and the mandate of three country liaison members expires on 30 November 2016. All existing members are eligible for reappointment.

• 11/07/2016 - First Joint Meeting between EFRAG and KASB

  Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Korean Accounting Standards Board (KASB) held their first joint meeting on 5 July 2016 in Brussels.

• 05/07/2016 - EFRAG Update June 2016

  ​The June 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 04/07/2016 - EFRAG Open Call for Tenders related to IFRS 16 Leases

  ​EFRAG has issued today an open call for tenders to assist EFRAG in its impact analysis of IFRS 16 Leases. EFRAG is specifically looking for economic and behavioural expertise as input for EFRAG’s endorsement advice on leases.

• 01/07/2016 - EFRAG Appoints New President

  ​EFRAG welcomed today the appointment by the EFRAG General Assembly of Jean-Paul Gauzès, a former MEP, as EFRAG Board President.

• 27/06/2016 - EFRAG Endorsement Status Report 27 June 2016

  ​The ARC vote on IFRS 9 Financial Instruments is now reflected in the EFRAG Endorsement Status Report.
  

• 21/06/2016 - EFRAG Endorsement Status Report 21 June 2016

  ​The publication of Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) on 20 June 2016 is now reflected in the EFRAG Endorsement Status Report.

• 14/06/2016 - EFRAG publishes Annual Review 2015

  EFRAG is pleased to share the review of its 2015 important events and activities.

• 03/06/2016 - EFRAG Update May 2016

  ​The May 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 30/05/2016 - Call for new members of the EFRAG Insurance Accounting Working Group

  ​EFRAG has decided to renew the membership of the Insurance Accounting Working Group (EFRAG IAWG).

• 27/05/2016 - Call for new members of the EFRAG Financial Instruments Working Group

  ​EFRAG has decided to renew the membership of the Financial Instruments Working Group (EFRAG FIWG).

• 02/05/2016 - EFRAG Update April 2016

  ​The April 2016 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below.

• 20/04/2016 - EFRAG Endorsement Status Report 20 April 2016

  The ARC vote on Amendments to IFRS 10, IFRS 12 and IAS 28 is now reflected in the EFRAG Endorsement Status Report.
  

• 18/04/2016 - EFRAG Endorsement Status Report 18 April 2016

  ​The date of the ARC vote on IFRS 15 is now reflected in the EFRAG Endorsement Status Report.

• 13/04/2016 - EFRAG Endorsement Status Report 13 April 2016

  ​The publication of Clarifications to IFRS 15 on 12 April 2016 is now reflected in the EFRAG Endorsement Status Report.

• 11/04/2016 - Welcome to the new EFRAG website!

  ​Pay a visit to EFRAG's new website and discover easier navigation and access to information on EFRAG's current and past activities!

• 12/01/2016 - EFRAG endorsement status report

  The publication of  IFRS 16 Leases on 13 January 2016 is now reflected in EFRAG Endorsement Status Report.

• 03/01/2016 - ARE YOU A FINANCIAL REPORTING PROFESSIONAL INTERESTED IN BRINGING THE EUROPEAN VIEW IN FINANCIAL REPORTING? JOIN EFRAG!

  EFRAG is seeking financial reporting professionals with IFRS expertise to join the EFRAG team.

• 21/12/2015 - EFRAG TEG ROTATION 2016: appointments and reappointments

  On 24 November, the EFRAG Board decided to appoint Nicklas Grip as EFRAG TEG vice-Chair. The Board also appointed Søren Kok Olsen and Nicolas de Paillerets as new TEG Members. Christian Chiarasini and Serge Pattyn have seen their mandates renewed for another 2-year term.

• 20/12/2015 - EFRAG endorsement status report

  The endorsement by the European Commission of Amendments to IAS 1 is now reflected in EFRAG Endorsement Status Report.

• 15/12/2015 - EFRAG endorsement status report

  The endorsement by the European Commission of Annual Improvements to IFRS 2012-2014 Cycle is now reflected in EFRAG Endorsement Status Report.