The EFRAG and the Accounting Standards Board (the ASB) of the FRC have today published the Position Paper ‘Considering the Effects of Accounting Standards’ and the related Feedback Statement. The Position Paper has been developed as part of EFRAG’s proactive agenda to contribute to improving the way in which accounting standard setters develop and implement standards throughout their due process, from start to finish.

The position paper and the feedback statement  are available on the EFRAG website