Financial Reporting Expert Group – November 2016

Venue: RSM, 25 Farringdon Street, London EC4A 4AB (Host: Andrew Westbrook)

Agenda – 22.11.16

Minutes – 20.09.16

Policy Briefing – 14.10.16

Website links – issues for discussion:

EFRAG request for comments on its Preliminary Consultation Document regarding the endorsement of IFRS 16 Leases 

FRC Consultation – Triennial review of UK and Ireland accounting standards – Approach to changes in IFRS

FRC Consultation – Consultation on changes to corporate reporting review procedures

Expert Group Terms of Reference

Website links – for information only:

FRC issues advice to preparers of listed companies

FRC publishes annual review on corporate reporting 

FRC's Financial Reporting Lab publishes report on the importance of business model disclosure to investors

ESMA sets enforcement priorities for listed companies’ 2016 financial statements

FRC publishes report on companies' tax reporting

IASB publishes work plan for 2017-21

BEIS publishes response to its consultation on implementing the Non-Financial Reporting Directive 

Information for noting – Consultations responded to

FRC Consultation – FRED 65: Draft Amendments to FRS 101 Reduced Disclosure Framework – Notification of shareholders

IASB Consultation – Exposure Draft – Definition of a Business and Accounting for Previously Held Interests (Proposed Amendments to IFRS 3 and IFRS 11)

EFRAG Consultation – Classification and Measurement of Share-based Payment Transactions – Amendments to IFRS 2