Navigation path

Additional tools

Documents

In this section you will find all the documents produced / commissioned by the Commission in the accounting field.

Consultations

DateNameClosing date
26.10.2010   Public consultation on country-by-country reporting by multinational companies22.12.2010

Calls for applications

DateNameClosing date
No Calls for applications at the moment

Effect studies

DateName
25.08.2010   Improvements to IFRSs 2008–2010 (06.05.2010)pdf Choose translations of the previous link  - with EFRAG
05.02.2010Amendments to IFRIC 14: IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Require­ments and their Interaction (26.11.2009)pdf Choose translations of the previous link  - with EFRAG
04.02.2010Amendment to IFRS 1 Limited Exemption from Comparative IFRS 7 Disclosures for First-time adopters (28.01.2010)pdf Choose translations of the previous link  - with EFRAG
04.02.2010IAS 24 Related Party Disclosures (Revised 2009) (04.11.2009)pdf Choose translations of the previous link  - with EFRAG
04.02.2010IFRIC Interpretation 19 Extinguishing Financial Liabilities with Equity Instruments (25.11.2009)pdf Choose translations of the previous link  - with EFRAG
09.11.2009Amendment to IAS 32: Classification of Rights Issues (08.10.2009)pdf Choose translations of the previous link  - with EFRAG
02.11.2009Improvements to IFRSs 2007–2009 (16.04.2009)pdf Choose translations of the previous link  - with EFRAG
13.10.2009IFRS 1 – Additional Exemptions for First-time Adopters (23.07.2009)pdf Choose translations of the previous link  - with EFRAG
25.09.2009IFRS 2 – Group Cash-settled Share-based Payment Transactions (18.06.2009)pdf Choose translations of the previous link  - with EFRAG
16.07.2009IFRIC9/IAS39 Embedded Derivativespdf Choose translations of the previous link  - with EFRAG
29.06.2009IFRS 7 Financial Instruments: Disclosures (amended)pdf Choose translations of the previous link  - with EFRAG
22.06.2009IFRIC 18 Transfers of Assets from Customerspdf Choose translations of the previous link  - with EFRAG
17.06.2009IFRIC 17 Distributions of Non-cash assets to ownerspdf Choose translations of the previous link  - with EFRAG
25.05.2009IFRS 1 First-time Adoption of IFRS (revised)pdf Choose translations of the previous link  - with EFRAG
26.02.2009Micro entities – Impact Assessmentpdf
17.02.2009IAS 39 and IFRS 7 “Reclassification of Financial Assets – Effective Date and Transition”pdf Choose translations of the previous link  - with EFRAG
24.11.2008Business Combinations (IFRS 3 and IAS 27)pdf Choose translations of the previous link 
20.11.2008IAS 39 Eligible Hedge Itemspdf Choose translations of the previous link  - with EFRAG
20.11.2008IFRIC 15 Agreements for the Construction of Real Statepdf Choose translations of the previous link  - with EFRAG
20.11.2008IFRIC 16 Hedges of a Net Investment in a Foreign Operationpdf Choose translations of the previous link  - with EFRAG
24.07.2008IFRS 1 and IAS 27 “Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate”pdf Choose translations of the previous link  - with EFRAG
22.07.2008Improvements to IFRS 2007pdf Choose translations of the previous link  - with EFRAG
27.06.2008IAS 32 and IAS 1 “Puttable Financial Instruments and Obligations Arising on Liquidation”pdf Choose translations of the previous link  - with EFRAG
16.06.2008Endorsement of Amendment to IFRS 2 Share-based Payment Vesting Conditions and Cancellationspdf Choose translations of the previous link  - with EFRAG
16.06.2008Endorsement of IFRIC 13 Customer Loyalty Programmespdf Choose translations of the previous link  - with EFRAG
12.06.2008Endorsement of IFRIC 12 Service Concession Arrangements.
Effect Study – Report:
08.05.2008Endorsement of IFRIC 14 The limit on a Defined Benefit asset, Minimum Funding Requirements and their Interactionpdf Choose translations of the previous link  - with EFRAG
08.05.2008Endorsement of IAS 1 Presentation of Financial Statementspdf Choose translations of the previous link  - with EFRAG
05.05.2008Endorsement of IAS 23 Borrowing Costs. Effect Study - Report
03.09.2007Endorsement of IFRS 8 Operating Segments – Analysis of Potential Effects – Report:

Reports

DateName
04.06.2010   Report on convergence between International Financial Reporting Standards (IFRS) and third country national Generally Accepted Accounting Principles (GAAPs)
24.04.2008Report on the operation of Regulation (EC) No 1606/2002 of 19 July 2002 on the application of international accounting standardspdf Choose translations of the previous link 
22.04.2008Report on convergence between International Financial Reporting Standards (IFRS) and third country national Generally Accepted Accounting Principles (GAAPs) and on the progress towards the elimination of reconciliation requirements that apply to Community issuers under the rules of these third countries
Mar 2008Third report on governance developments in the IASB and IASCFpdf Choose translations of the previous link 
July 2007First report on convergence between International Financial Reporting Standards (IFRS) and third country national Generally Accepted Accounting Principles (GAAPs)
Jul 2007Second report on governance developments in the IASB and IASCFpdf Choose translations of the previous link 
Jan 2007First report governance developments in the IASB and IASCFpdf Choose translations of the previous link 

Studies

DateName
Oct 2010Report: 4th Company Law Directive and IFRS for SMEs
03.06.2010   EFRAG Compatibility Analysis: IFRS for SMEs and the EU Accounting Directives
Nov 2009Study on administrative costs of the EU Accounting Law
2009Evaluation of the Application of IFRS in the 2006 Financial Statements of EU Companies

The Commission Services present a report concerning the application of IFRS in EU in 2006. The Report has been ordered by the Commission Services and performed by Ineum Consulting.

Report is to provide the European Commission with a general analysis of application of IFRS in the EU in the 2006 accounting year so that the DG MARKT Services can follow the developments of consistent accounting for EU companies covered by the IAS Regulation, including any evolution compared to the first year of IFRS application (i.e. 2005). Any conclusions or comments in the Report are those of the contractor.

Nov 2008Accounting systems for small enterprises – Recommendations and good practices
Oct 2008Evaluation of Thresholds for Micro-Entitiespdf Choose translations of the previous link 
Oct 2007EU implementation of IFRS and the fair value directive (in 2005)

The Commission Services today (18.10.2007) presented a report concerning the implementation of IFRS and the Fair value Directive in the EU in 2005. The report has been ordered by the Commission Services and performed by the Institute of Chartered Accountants in England and Wales (ICAEW). Any conclusions or comments in the study are those of the contractor.

The purpose of the report is to stimulate a broad discussion of the results of the first year of application of IFRS in the EU as well as implementation of the fair value directive. The report should - along with information from other sources - provide background information for the Commission report to Council and Parliament about the functioning of the IAS Regulation 2002/1606. This report is currently under preparation and will be sent to the Council and Parliament before the end of 2007.

Jul 2007Study on administrative costs of the EU Company Law Acquispdf Choose translations of the previous link 
Dec 2005Report on impacts of raised thresholds defining SMEs 2005pdf Choose translations of the previous link 
Jan 2000Implementation of the Fourth Directive on the annual accounts of certain types of companies (As per 1 January 1998)pdf Choose translations of the previous link 
 Implementation of the Seventh Directive on consolidated accounts (As per 1 January 1998)

The reports have been prepared by an international accounting firm on a contract from the Commission. Although there is a large number of smaller implementation problems, in general the Directives have been reasonably well implemented by Member States. Furthermore, the reports will give readers a useful overview of accounting rules and practices in Europe.

Other documents

DateName
2010Use of options of the IAS Regulation by Member Statespdf Choose translations of the previous link 
2009Community Accounting Legislation Brochure pdf Choose translations of the previous link 
Feb 2008Use of options of the IAS Regulation by Member States pdf Choose translations of the previous link 
Jan 2005Use of options of the IAS Regulation by Member Statespdf Choose translations of the previous link 
Jan 2005Status of the adoption process of standards in the EUpdf Choose translations of the previous link 
Nov 2003Comments on the IAS Regulation and the Accounting Directives. Publication of the IASB Framework.pdf Choose translations of the previous link 

The Commission comments on topics where authoritative clarification appears to be required. These comments reflect the outcome of the discussions held in both the Accounting Regulatory Committee (ARC) and the Contact Committee. The IASB Framework is published in the annex of this paper.

Apr 2002Analysis of repercussions of Enron collapsepdf Choose translations of the previous link 
Press Release
Mar 2002   Financial Services Action Plan - Significant progress in European Parliament
Apr 2001Examination of the conformity between IAS 1 to IAS 41 and the European Accounting Directivespdf Choose translations of the previous link 
Apr 2001Examination of the conformity between SIC 1 to SIC 25 and the European Accounting Directivespdf Choose translations of the previous link 
Feb 2000Examination of the conformity between International Accounting Standards applicable to accounting periods beginning before 1 July 1999 and the European Accounting Directivespdf Choose translations of the previous link 
1999Examination of the conformity between IAS 35, IAS 36, IAS 37, IAS 38, IAS 22 (revised 1998), IAS 16 (revised 1998), IAS 28 (revised 1998), IAS 31 (revised 1998) and the European Accounting Directivespdf Choose translations of the previous link 
1999Examination of the conformity between IAS 32 (revised 1998) and the European Accounting Directivespdf Choose translations of the previous link 
1999Examination of the conformity between International Accounting Standards and the European Accounting Directives - Comparison document covering all IAS in force for accounting periods starting before 1 July 1998 (except IAS 32)pdf Choose translations of the previous link 
1998Examination of the conformity between IAS 1 and the European Accounting Directivespdf Choose translations of the previous link 
1997Examination of the conformity between IAS 12 and the European Accounting Directivespdf Choose translations of the previous link 
1997Accounting for the introduction of the Europdf Choose translations of the previous link 
1997Preparing financial information systems for the Europdf Choose translations of the previous link 
1997Cash flows statementspdf Choose translations of the previous link 
1997Prudence and matchingpdf Choose translations of the previous link 
1996Examination of the conformity between the International Accounting Standards and the European Accounting Directivespdf Choose translations of the previous link 
1995Foreign currency translationpdf Choose translations of the previous link 
1995Government grantspdf Choose translations of the previous link 
1995Accounting for lease contractspdf Choose translations of the previous link 
1995Environmental issues in financial reportingpdf Choose translations of the previous link