The European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS), the Organismo Italiano di Contabilità (OIC) and the Associazione Italiana degli Analisti e Consulenti Finanziari (AIAF) are very pleased to invite you to the 2016 joint investors and analysts outreach. This year’s event will address IFRS 16 Leases and will seek users’ views on a series of topical issues. We are hearing about a $2.2 trillion world-wide impact on companies’ balance sheets and in Europe alone the new standard is said to bring liabilities of $0.7 trillion.

The second part will discuss the amendments to IFRS 4 Insurance Contracts that allow companies that issue insurance contracts to apply the overlay approach and give companies who have predominantly insurance activities a temporary optional exemption from applying IFRS 9 Financial Instruments until 2021. What are the implications for investors and analysts?

The event will include speakers from EFRAG, the IASB, EFFAS, OIC and AIAF and is primarily directed at investors and analysts. There are a limited number of places for “non-users”. There is no charge to participants and the language of the event will be English. A detailed invitation and programme will be issued later in October.