Do today’s financial statements tell us everything we need to know about intangibles? According to a new report from the European Financial Reporting Advisory Group (EFRAG), the answer is no.
In mid-December, the European Financial Reporting Advisory Group (EFRAG) published a discussion paper on the connectivity of financial and sustainability reporting. The goal? To close the gap between what companies say about climate and social impacts, and what they report in their financial statements.
EFRAG launched its ESRS Knowledge Hub yesterday, a brand new integrated platform that brings together the essential building blocks for sustainability reporting under the European Sustainability Reporting Standards. We particularly like it because it provides a digital-first resource for issuers and users alike.
EFRAG is steadily building the foundations for digital sustainability reporting by small and medium-sized enterprises (SMEs). On 3 October, it released a multi-language update to the VSME Digital Template, enabling users to generate Inline XBRL reports in Spanish, Polish, Lithuanian and Portuguese, in addition to English.
XBRL US has submitted its response to EFRAG’s consultation on the amended European Sustainability Reporting Standards (ESRS).
EFRAG has published two new reports mapping digital tools, platforms and initiatives designed to support application of the EU’s Voluntary Sustainability Reporting Standard for SMEs (VSME). The first provides a comparison of greenhouse gas (GHG) calculators, while the second surveys more than 200 reporting platforms and initiatives across Europe.
EFRAG is turning the spotlight on intangibles. In November it will host a series of online workshops with investors, analysts and International Accounting Standards Board (IASB) representatives, asking a simple but far-reaching question: what information on intangibles do users really need?
EFRAG is asking stakeholders to weigh in on the simplification of the European Sustainability Reporting Standards (ESRS).
EFRAG has launched its “State of Play 2025” portal, offering an interactive and data-rich look at the first wave of sustainability reporting under the European Sustainability Reporting Standards (ESRS), mandated by the Corporate Sustainability Reporting Directive (CSRD).
Following the European Commission’s omnibus proposal to streamline the Corporate Sustainability Reporting Directive (CSRD), the French accounting standards authority (ANC) formed a working group to propose simplifications to the European Sustainability Reporting Standards (ESRS).
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
