EFRAG TEG approved the composition of the EFRAG Academic Panel, which will be chaired by Günther Gebhardt, EFRAG TEG member on the academic seat. EFRAG has decided to set up a pan-European panel to strengthen its relationship with the academic community’s thought leaders on financial reporting. With many of the IASB projects being in the early stages of standard setting, and EFRAG having its own portfolio of research projects, the new panel will provide invaluable support to EFRAG and further strengthen the European voice in the international financial reporting debate.