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18 December 2015 — Consultation Response

FEE comments on priorities for IASB and EFRAG in 2015 Agenda Consultation

As a key-stakeholder in helping shape IFRS, the Federation has issued its views on the IASB’s work plan and priorities until 2020. Hereby, we suggest that the IASB takes a more active role in driving the broader corporate reporting agenda, including non-financial reporting as discussed in FEE’s recent paper on the Future of Corporate Reporting.

The European Financial Reporting Advisory Group (EFRAG) has decided to launch its own Proactive Agenda Consultation in parallel with the IASB 2015 Agenda Consultation. In its response, the Federation strongly supports a better coordination of IASB and EFRAG with respect to proactive activities. To this end, the Federation recommends that EFRAG undertakes a review of its proactive agenda on a regular basis once the review of IASB’s agenda is complete.

 

Related document:
 Comment letter on IASB 2015 Agenda Consultation 
 Comment letter on EFRAG 2015 Agenda Consultation

Related files:
 FEE Cogito Paper – The Future of Corporate Reporting
FEE comments on the review of structure and effectiveness of the IASB