Consultation on the impact of International Financial Reporting Standards (IFRS) in the EU
Åpen konsultasjon igangsatt av Kommisjonen 07.08.2014
BAKGRUNN (fra Kommisjonens pressemelding 07.08.2014, engelsk utgave)
Consultation on the impact of International Financial Reporting Standards (IFRS) in the European Union
The European Commission today launched a public consultation on the impact of International Financial Reporting Standards (IFRS) in the European Union. All citizens and organisations are welcome to give their views on important aspects, such as the conditions all new IFRS should satisfy to become EU law as well as the costs and benefits which are usually associated with IFRS. In particular, the Commission aims to examine whether the adoption of IFRS improved the efficiency of EU capital markets by increasing the transparency and comparability of financial statements. IFRS are international accounting standards used by companies in more than 100 countries to prepare their financial statements. In the EU, Regulation 1606/2002 has required since 2005 all publically traded companies to prepare their consolidated financial statements according to IFRS. The Commission will report to the EU Council of Ministers and the European Parliament on the ongoing evaluation of Regulation 1606/2002 by the end of this year. The consultation will close on 31 October 2014.