February
EFRAG has published its Final Comment Letter in response to the IASB’s Exposure Draft ED/2021/7 Subsidiaries without Public Accountability: Disclosures. In the ED, the IASB proposes that eligible subsidiaries can provide reduced disclosure requirements together with the recognition, measurement and presentation requirements in IFRS Standards.
In addition, EFRAG has issued a Summary of the inputs received from preparers that includes the feedback received from EFRAG’s survey “Would you prefer less disclosures for subsidiaries? and a Briefing prepared by the EFRAG Secretariat focused on the compatibility of the Accounting Directive 2013/34/EU with the IASB’s ED.
January
EFRAG has published its Draft Comment Letter in response to the IASB’s Exposure Draft 2021/7 Subsidiaries without Public Accountability: Disclosures. In the ED, the IASB proposes that eligible subsidiaries can provide reduced disclosure requirements together with the recognition, measurement and presentation requirements in IFRS Standards.
EFRAG seeks constituents’ views on the proposals. Comments on the Draft Comment Letter are requested by 26 January 2022.