The EFRAG (European Financial Reporting Advisory Group) has published a current report concerning the status of the endorsement process of IFRS (International Financial Reporting Standards) by the European Union. The report reflects both the IASB (International Accounting Standards Board) publication of the annual improvements, cycle 2015-2017 and the EFRAG publication of the draft endorsement in terms of the amendments of IAS 28 “Long-term Interests in Associates and Joint Ventures”.