IAASA, Ireland’s accounting enforcer, has today published selected financial reporting decisions regarding the financial reporting treatments adopted by the following issuers:
Aryzta AG (IFRS 11 – joint venture);
Cairn Homes plc (IFRS 7 – market price risk);
Permanent TSB Group Holdings plc (IAS 12 – deferred tax assets); and
Permanent TSB Group Holdings plc (IAS 8 – restatement of comparative amounts).
IAASA’s policy on publishing financial reporting decisions and the criteria to be met for such decisions to be published is set out in IAASA’s Policy Paper on Publication of IAASA’s Financial Reporting Findings.
The financial reporting decisions for each issuer are included in a compendium of decisions which can be accessed here.