CONCERNS THAT EUROPEAN SUSTAINABIITY STANDARDS DEVELOPMENT IS BEING RUSHED
August 30th, 2022
Serious concerns have been raised by Accountancy Europe and other accounting organisations about the speed proposed European Union (EU) sustainability reporting standards are being developed by the European Financial Reporting Advisory Group (EFRAG). The association and others are also worried about the amount of data demanded in planned mandatory EU sustainability reporting.
EFRAG is the formal technical advisor to the European Commission (2) on such reporting. It has been consulting on ‘exposure drafts’ of standards. Comments were due by August 8, with ...
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