- Category: Latest International
- Published: Sunday, 29 October 2017 20:58
- Written by skyapex
- Hits: 27
The European Securities and Markets Authority (ESMA) today published the priorities to be considered by listed companies, and their auditors, when preparing and auditing their 2017 financial statements. These priorities are set out in the annual Public Statement on European Common Enforcement Priorities (Statement), through which ESMA promotes the consistent application of the International Financial Reporting Standards (IFRS).
Reflecting both the relevance of the change introduced by the new accounting standards and issues identified in the course of the enforcement activities, the 2017 enforcement priorities encompass:
- Disclosure of the expected impact of the implementation of major new standards in the