DRSC adopts application note on DRS 20 (DRSC AH 5)

On March 10, the Joint Technical Committee (JTC) of the German Accounting Standards Committee e.V. (GASC) adopted the application note GASC AH 5 on GAS 20. This was preceded by a public consultation (we reported on this in Express Accounting News 06/2025).

The application note deals with the question of how the principles of proper management reporting of GAS 20 interact with the reporting requirements of ESRS. This is relevant for companies that voluntarily prepare a non-financial group statement in accordance with ESRS.

Changes have been made to the consultation draft: With regard to the question of which financial year is to be regarded as the first year of the period to which the transitional relief of the ESRS applies if a sustainability report has been prepared without a legal obligation, the application note now only refers to a similar question in the “EFRAG ESRS Q&A Platform Compilation of explanations”. There is no specific interpretation.

The text adopted by the GFA is available as a near final draft - subject to editorial changes - via the GASB's press release.