23/12/2022 - Primary Financial Statements - Summary Report and Recommendations - Targeted Outreach Roundtables
In order to receive input from preparers and to stimulate the discussion on the key tentative changes to the IASB’s proposals in the Exposure Draft General Presentation and Disclosures, from September to November 2022, EFRAG and the IASB organised joint outreach roundtables with European Stakeholders. EFRAG has now issued a Summary Report and Recommendations that summarises the feedback received during those events and provides a number of recommendations to the IASB.
After redeliberating the key aspects of the proposals, the IASB decided to conduct outreach activities on a targeted selection of its tentative decisions through roundtable discussions in coordination with National Standard Setters.
The objective of the targeted outreach was to receive feedback from a range of stakeholders that will help the IASB assess whether the selected tentative decisions will function as intended and achieve the intended balance of costs and benefits.
From October to November 2022 EFRAG organised, jointly with the IASB and in coordination with the National Standard Setters, a number of roundtables. EFRAG has prepared a summary report <LINK TO PDF> that reflects all the feedback received from the roundtables, EFRAG working groups meetings and other ad hoc meetings. It also provides a number of recommendations to the IASB, which take into account the feedback received from its constituents and EFRAG's previous recommendations in its comment letter on the IASB Exposure Draft General Presentation and Disclosures.
