Beyond the GAAP no.168 - July-August 2022
The comment period for EFRAG’s public consultation on its first set of 13 draft
European Sustainability Reporting Standards (ESRSs) closed on 8 August.
EFRAG’s Sustainability Reporting Board, supported by its Technical Expert
Group, now has to analyse the more than 750 responses received in order to
submit the final version of its draft standards to the European Commission by next November. The EC will then adopt the final standards in June 2023 by means of a Delegated Act. The timetable for implementation by entities will be finalised by the adoption of the CSRD, which is expected by the end of the year.
European Sustainability Reporting Standards (ESRSs) closed on 8 August.
EFRAG’s Sustainability Reporting Board, supported by its Technical Expert
Group, now has to analyse the more than 750 responses received in order to
submit the final version of its draft standards to the European Commission by next November. The EC will then adopt the final standards in June 2023 by means of a Delegated Act. The timetable for implementation by entities will be finalised by the adoption of the CSRD, which is expected by the end of the year.
The comment period for EFRAG’s public consultation on its first set of 13 draft European Sustainability Reporting Standards (ESRSs) closed on 8 August. EFRAG’s Sustainability Reporting Board, supported by its Technical Expert Group, now has to analyse the more than 750 responses received in order to submit the final version of its draft standards to the European Commission by next November. The EC will then adopt the final standards in June 2023 by means of a Delegated Act. The timetable for implementation by entities will be finalised by the adoption of the CSRD, which is expected by the end of the year.
