The European Financial Reporting Advisory Group (EFRAG) has announced an initiative to create a key performance indicator (KPI)-based voluntary reporting template for small and medium-sized enterprises (SMEs). The initiative aims to improve the “accessibility and comparability” of financial information within EU SMEs. The proposed reporting template is expected to be accessible via the European Single Access Point (ESAP). This move, prompted by a request from the European Commission (EC) on 29 July 2025 ...