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IAASA publishes compendium of financial reporting decisions


IAASA, Ireland’s accounting enforcer, has today published a further compendium of financial reporting decisions. These decisions relate to accounting treatments applied by Aminex plc, Astute Capital plc, Bank of Cyprus Holdings plc and Datalex plc in their financial reports.

These decisions cover a range of accounting matters as follows:

  • FRS 102 The Financial Reporting Standard applicable in the UK and the Republic of Ireland
  • IAS 1 Presentation of Financial Statements
  • IAS 12 Income Taxes
  • IAS 24 Related Party Disclosures
  • IAS 34 Interim Financial Reporting
  • IAS 37 Provisions, Contingent Liabilities and Contingent Assets
  • IAS 40 Investment Property
  • IFRS 6 Exploration for and Evaluation of Mineral Resources
  • IFRS 7 Financial Instruments: Disclosures
  • IFRS 9 Financial Instruments
  • Transparency (Directive 2004/109/EC) Regulations 2007 (as amended).

These decisions include instances where the company voluntarily agreed to enhance its accounting treatment or disclosures in future financial reports to address matters identified in the course of IAASA’s examinations.

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 company are included in a compendium of decisions which can be accessed here.

IAASA will continue to publish selected financial reporting decisions periodically.


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