The European Financial Reporting Advisory Group (EFRAG) is organising itself internally in anticipation of a possible decision by Europeans on the development of European non-financial reporting standards, should the European Commission ask it to participate in this work.
“Many believe that Europe has decided to have non-financial European standards. We are not there yet”, EFRAG's president of the board told EUROPE on Monday 15 June. He recalled that the Vice-President of the European...