Introduction
The EFFAS Commission on Financial Reporting (CFR) provides analysts’ views on the definition of International Financial Reporting Standards (IFRS) to international accounting standards setters. Its members work closely with the International Accounting Standard Board (IASB) through the Global Analysts’ group and the European Financial Reporting Advisory Group (EFRAG) through the Users’ Panel. EFRAG provides advice to the European Commission on issues related to the implantation in Europe of IFRS.
The Commission work focuses on providing analysts’ opinion on consultation papers prepared by the IASB and participating in the harmonization process with international accounting standard setters.
Members
Chairman
Javier de Frutos (IEAF-Spain)
Vice-Chairman
Jacques de Greling (SFAF, France)
Members
Henning Strom (NFF, Norway)
Friedrich Spandl (ÖVFA, Austria)
Serge Pattyn (BVFA/ABAF, Belgium)
Luca D’ Onofrio (AIAF, Italy)
Carsten Zielke (DVFA)
Documents
- EFFAS Position Paper on ESEF (August 2018)
- EFFAS Comment Letter on EFRAG Document regarding the Equity Instruments – Impairments and Recycling (May 18)
- EFFAS FAC response to EFRAG on GI Comments (January 2018)
- EFFAS FAC comments to IASB on Principles of Disclosure published in March 2017 (October 2017)
- EFFAS FAC answer to IASB Principles of Disclosure (November 2017)
- EFFAS FAC answer to IASB on IFRS 8 (July 2017)
- EFFAS FAC letter to EFRAG on IFRS-9 and IFRS-4 (January 2016)
- EFFAS FAC letter to EFRAG_IFRS 16 Leases (December 2016)
- EFFAS Answer to EU Commission questionnaire on IAS Regulation
- Exposure Draft: Disclosure Initiative - Proposed amendments to IAS 7 - FAC Commission
- Exposure Draft: Post-implementation Review: IFRS-3 Business Combinations
- IASB®Investor Update (September 2014)
- IASB® Investor Update (June 2014)
outreach events
Joint investor outreach event in Oslo on 15 June 2017 covering the IASB's Discussion Paper Disclosure Initiative - Principles of Disclosure. You can find here the Summary Report
Joint user outreach event with EFFAS, BVFA/ABAF and the IASB® held on Monday 3 July 2017 in Brussels covering the IASB's Discussion Paper DP/2017/1 Disclosure Initiative - Principles of Disclosure. You can find here the Summary Report
Joint user outreach event EFRAG, IFRS, EFFAS, AIAF, OIC held on 18 September 2017 in Milan. You can find here the Summary Report