IFRS Influencing


The Accounting and Reporting Policy Team’s remit is to actively follow and comment on the work of the International Accounting Standards Board (IASB) as it develops International Financial Reporting Standards (IFRS). We respond to IASB consultations after undertaking outreach and other activities with constituents to obtain their views.

The Team work with the European Financial Reporting Advisory Group (EFRAG) which is the organisation that provides the European Commission with technical expertise on the application of IFRSs in Europe. We are represented in the meetings of the Technical Experts Group by Jenny Carter (Acting Director of Accounting & Reporting Policy). More detail on the work of EFRAG can be found on the EFRAG website.

Current Projects Completed Projects
Open for comment Link to all FRC responses to external consultations
Closed for comment Link to all FRC Publications
  IFRS 9 Financial Instruments
  IFRS 17 Insurance Contracts