EFRAG publishes technical advice on accounting for equity instruments

Released 30 November 2018

The European Financial Reporting Advisory Group (EFRAG) has published its technical advice on accounting for equity instruments from a long-term investment perspective.

In May 2017, EFRAG received a request for technical advice from the European Commission on the accounting treatment of equity instruments under IFRS 9 Financial Instruments from a long-term investment prospective. After an extensive consultation, including the publication of a discussion paper, EFRAG has now published its response to the European Commission request. The response addresses the interaction between an impairment model and the reintroduction of recycling, and what characteristics an impairment model for equity instruments could have. EFRAG is currently working on a second request for technical advice on possible alternative accounting treatments for equity and equity-type instruments.

For more information and to view the response, see EFRAG PUBLISHES ITS TECHNICAL ADVICE TO THE EUROPEAN COMMISSION.

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