EFRAG Update May 2020
Released 02 June 2020
The May 2020 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published.
The May 2020 edition includes:
–Final comment letter in response to the IASB Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16);
–Final comment letter in response to the IASB Exposure Draft ED/2020/1 Interest Rate Benchmark Reform – Phase 2 (proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16);
–Draft comment letter in response to the IASB Exposure Draft Classification of Liabilities - Deferral of Effective Date - Proposed amendments to IAS 1;
–Draft comment letter in response to the IASB's Discussion Paper DP/2020/1 Business Combinations—Disclosures, Goodwill and Impairment; and
–2019 Annual Review summarising EFRAG activities in the field of financial and corporate reporting.
•Webinars and online outreaches;
–EFRAG draft comment letter on IASB Exposure Draft ED/2019/7 General Presentation and Disclosures – 28 September 2020; and
–EFRAG draft comment letter on IASB Discussion Paper DP/2020/1 Business Combinations —Disclosures, Goodwill and Impairment - 30 November 2020.
•EFRAG Board meetings;
•EFRAG Technical Expert Group (TEG); and
•European Reporting LAB.
View EFRAG Update – May 2020.