Tuesday, July 29, 2008

EFRAG responds to call for stronger EU role


The EFRAG has invited public comment to enhancing EU in response to calls for more pro-active input to IASB

The Supervisory Board of the European Financial Reporting Advisory Group (EFRAG) has invited public comment on a proposal to enhance EFRAG's role in response to calls for strengthening the European contribution to the work of IASB.

According to Deloitte’s IAS Plus, EFRAG seeks input on enhancing the EU's pro-active input to the IASB by building on EFRAG's structures and experience and further involve national standard setters and co-ordinate European resources and the create a planning and resource committee.

See full Article.