{"id":1534,"date":"2021-06-28T08:46:30","date_gmt":"2021-06-28T06:46:30","guid":{"rendered":"https:\/\/eaa-online.org\/arc\/blog\/blog\/efrags-2020-annual-review\/"},"modified":"2021-06-28T08:46:30","modified_gmt":"2021-06-28T06:46:30","slug":"efrags-2020-annual-review","status":"publish","type":"post","link":"https:\/\/eaa-online.org\/arc\/blog\/2021\/06\/28\/efrags-2020-annual-review\/","title":{"rendered":"EFRAG\u2019s 2020 Annual Review"},"content":{"rendered":"<p>Dear EFRAG contributor,<\/p>\n<p>We are happy to share with you EFRAG&rsquo;s <a href=\"https:\/\/www.efrag.org\/Assets\/Download?assetUrl=\/sites\/webpublishing\/SiteAssets\/EFRAG+Annual+Review+2020_+FINAL.pdf\" target=\"_blank\" rel=\"noopener\">2020 Annual Review<\/a>. The highlights include EFRAG&rsquo;s work on:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n\t\tSustainability reporting:<\/p>\n<ul>\n<li>\n\t\t\t\tProject on Reporting on Non-financial Risks and Opportunities and the Linkage to the Business Model<\/li>\n<li>\n\t\t\t\tEU Sustainability Reporting Standards<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n\t\tFinancial reporting:<\/p>\n<ul>\n<li>\n\t\t\t\tIFRS 17 Insurance Contracts &ndash; closure at last<\/li>\n<li>\n\t\t\t\tPrimary Financial Statements<\/li>\n<li>\n\t\t\t\tGoodwill and Impairment<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>The Annual Review also introduces you to our research projects notably:<\/p>\n<ul>\n<li>\n\t\tCrypto-assets and liabilities<\/li>\n<li>\n\t\tIntangibles<\/li>\n<\/ul>\n<p>Despite the consequences of the global pandemic hitting Europe in the beginning of 2020, EFRAG has been successfully delivering on its mission to serve the public interest by developing and promoting European views in the field of financial and corporate reporting.<\/p>\n<p>Your contribution, as a key member of the reporting community, has enhanced our ability to deliver thought leadership, have an upstream influence over developments in IFRS Standards and provide endorsement advice to the European Commission.<\/p>\n<p>We look forward to welcoming your future contributions regarding corporate reporting as part of the activities of the European Lab and the responsibility EFRAG has been assigned under the proposal for Corporate Sustainability Reporting Directive to provide technical advice in the form of draft EU sustainability reporting standards to the European Commission.<\/p>\n<p>Hopefully the COVID-19 crisis is behind us, we look forward to a productive second half of the year in 2021 and thank you for your continued commitment to making EFRAG the European voice in corporate reporting.<\/p>\n<p>Enjoy reading this glimpse at EFRAG&rsquo;s activity!<\/p>\n<p>You can access the publication <a href=\"https:\/\/efrag.org\/News\/Public-295\/EFRAG-releases-its-2020-Annual-Review-\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear EFRAG contributor, We are happy to share with you EFRAG&rsquo;s 2020 Annual Review. The highlights include EFRAG&rsquo;s work on: &nbsp; Sustainability reporting: Project on Reporting on Non-financial Risks and Opportunities and the Linkage to the Business Model EU Sustainability Reporting Standards &nbsp; Financial reporting: IFRS 17 Insurance Contracts &ndash; closure at last Primary Financial [&hellip;]<\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EFRAG\u2019s 2020 Annual Review - ARC<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFRAG\u2019s 2020 Annual Review - ARC\" \/>\n<meta property=\"og:description\" content=\"Dear EFRAG contributor, We are happy to share with you EFRAG&rsquo;s 2020 Annual Review. The highlights include EFRAG&rsquo;s work on: &nbsp; Sustainability reporting: Project on Reporting on Non-financial Risks and Opportunities and the Linkage to the Business Model EU Sustainability Reporting Standards &nbsp; Financial reporting: IFRS 17 Insurance Contracts &ndash; closure at last Primary Financial [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eaa-online.org\/arc\/blog\/2021\/06\/28\/efrags-2020-annual-review\/\" \/>\n<meta property=\"og:site_name\" content=\"ARC\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-28T06:46:30+00:00\" \/>\n<meta name=\"author\" content=\"BAHA DIYAROV\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BAHA DIYAROV\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/06\/28\/efrags-2020-annual-review\/\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/06\/28\/efrags-2020-annual-review\/\",\"name\":\"EFRAG\u2019s 2020 Annual Review - ARC\",\"isPartOf\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\"},\"datePublished\":\"2021-06-28T06:46:30+00:00\",\"dateModified\":\"2021-06-28T06:46:30+00:00\",\"author\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/deb497bdaa3fd3128747eb3a8b3182be\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eaa-online.org\/arc\/blog\/2021\/06\/28\/efrags-2020-annual-review\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\",\"url\":\"https:\/\/eaa-online.org\/arc\/\",\"name\":\"ARC\",\"description\":\"Advanced Resources Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eaa-online.org\/arc\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/deb497bdaa3fd3128747eb3a8b3182be\",\"name\":\"BAHA DIYAROV\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/members\/91\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EFRAG\u2019s 2020 Annual Review - ARC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"EFRAG\u2019s 2020 Annual Review - ARC","og_description":"Dear EFRAG contributor, We are happy to share with you EFRAG&rsquo;s 2020 Annual Review. 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