08/11/2021 - EFRAG survey: would you prefer less disclosures for subsidiaries?
EFRAG is inviting preparers of financial statements (parents and subsidiaries) to participate in a survey on the IASB Exposure Draft Subsidiaries without Public Accountability: Disclosures published in July 2021. Preparers are asked to complete an online survey for parents and subsidiaries by 7 January 2022.
Following the publication of the IASB Exposure Draft Subsidiaries without Public Accountability: Disclosures (ED) in July 2021, EFRAG is seeking the input of preparers of financial statements (parents and subsidiaries) on the costs and benefits and some of the content of the IASB proposals.
Feedback can be provided by responding to the online survey which can be accessed here for parents and subsidiaries.
Each survey has 12 questions and completion of the survey should take approximately 30 minutes.
Where needed, follow-up interviews will be conducted. The feedback received will inform EFRAG's cost-benefit assessment of the IASB proposals in its final comment letter.
A PDF version of the complete questionnaire can be found here for parents and subsidiaries.
Responses to the online version of the questionnaire are preferred.
For a quick overview of the proposed Standard in the ED, please refer to the following presentation.
