Comment letters

ESMA participates actively in the due process developing international standards on accounting and auditing by submitting comment letters. Given the wider interest of these comment letters and to ensure adequate transparency of our work, these documents are published on our website.

Accounting

Reference Date Type Title Download More Info
2014/275 14/03/2014 Letter Letter to the IASB on the ED Annual Improvements to IFRSs 2012 2014 Cycle View > See more
2014/274 14/03/2014 Letter Letter to EFRAG on the ED Annual Improvements to IFRSs 2012 2014 Cycle View > See more
2014/186 20/02/2014 Letter Letter to Françoise Flores (EFRAG) regarding The IASB’s Exposure Draft Equity Method in Separate Financial Statements View > See more
2014/185 20/02/2014 Letter Letter to Hans Hoogervorst regarding The IASB’s Exposure Draft Equity Method in Separate Financial Statements View > See more
2013/135 05/02/2014 Letter Letter to IFRS IC on the distinction between a change in an accounting policy and a change in an accounting estimate View > See more
2013/136 05/02/2014 Letter Letter to IFRS IC on Accounting for term-structured repo transactions View > See more
2014/134 05/02/2014 Letter Lletter to IFRS IC on a definition of investment related services View > See more
ESA/2014/001 24/01/2014 Letter Letter to Commissioner Barnier, Maystadt Report View > See more
2013/1951 19/12/2013 Letter IASB's Discussion Paper-A Review of the Conceptual Framework for financial Reporting View > See more
2013/1952 19/12/2013 Letter EFRAG draft comment letter on the IASB's Discussion Paper on A reveiw of the Conceptual Framework for Financial reporting View > See more
2013/1880 04/12/2013 Letter IAASB ED– Reporting on Audited Financial Statements View > See more
2013/1664 18/11/2013 Final report Review of Accounting Practices - Comparability of IFRS Financial Statements of Financial Institutions in Europe View > See more
2013/1415 13/11/2013 Letter ESMA comments on the Draft Report “Should IFRS standards be more European?” View > See more
2013/1553 05/11/2013 Letter ESMA Comment Letter to EFRAG on the IASB Exposure Draft Insurance Contracts View > See more
2013/1245 11/09/2013 Letter IASB’s Exposure Draft on Leases (EFRAG) View > See more
2013/1244 11/09/2013 Letter IASB’s Exposure Draft on Leases View > See more
2013/949 11/09/2013 Letter The IASB’s Exposure Draft Regulatory Deferral Accounts (EFRAG) View > See more
2013/948 11/09/2013 Letter The IASB’s Exposure Draft Regulatory Deferral Accounts View > See more
2013/861 12/07/2013 Letter Letter to EFRAG regarding the IASB's Exposure Draft Defined Benefit Plans, Employee contributions View > See more
2013/860 12/07/2013 Letter Letter to the IASB regarding the IASB's Exposure Draft Defined Benefit Plans, Employee contributions View > See more
2013/854 05/07/2013 Letter Letter to IFRS Interpretation Committee re IAS 8 View > See more
2013/869 04/07/2013 Letter Letter to EFRAG regarding the IASB's Exposure Draft Financial Instruments: Expected Credit Losses to EFRAG View > See more
2013/868 04/07/2013 Letter Letter to IASB regarding IASB's Exposure Draft Financial Instruments: Expected Credit Losses View > See more
2013/815 01/07/2013 Letter Amendment to IAS 19 Employee benefits: Regional market issue View > See more
2013/452 12/04/2013 Letter Letter to EFRAG regarding Clarification Acceptable Methods of Depreciation and Amortisation View > See more
2013/451 12/04/2013 Letter Letter to the IASB regarding Clarification Acceptable Methods of Depreciation and Amortisation View > See more
2013/457 11/04/2013 Letter Letter to EFRAG regarding the Sale or Contribution of Assets between an Investor and its Associate or Joint Venture   View > See more
2013/456 11/04/2013 Letter Letter to the IASB regarding the Sale or Contribution of Assets between an Investor and its Associate or Joint Venture   View > See more
2013/442 05/04/2013 Letter Letter to EFRAG regarding Exposure Draft Classification and Measurement - Limited Amendements to IFRS9 View > See more
2013/441 05/04/2013 Letter Letter to the IASB regarding Exposure Draft Classification and Measurement - Limited Amendements to IFRS9 View > See more
2013/301 05/04/2013 Letter Letter to EFRAG regarding Exposure Draft Recoverable Amount Disclosures for Non-Financial Assets View > See more
2013/300 05/04/2013 Letter Letter to the IASB regarding Exposure Draft Recoverable Amount Disclosures for Non-Financial Assets View > See more
2013/299 05/04/2013 Letter Letter to EFRAG regarding Equity Method - Share of Other Net Asset Changes View > See more
2013/298 05/04/2013 Letter Letter to the IASB regarding Equity Method - Share of Other Net Assets Changes View > See more
2013/436 04/04/2013 Letter Letter to the EFRAG regarding IASB's exposure draft - Novation of derivatives and continuation of hedge accounting View > See more
2013/435 04/04/2013 Letter Letter to the IASB regarding its exposure draft - Novation of derivatives and continuation of hedge accounting View > See more
2013/228 20/02/2013 Letter Comment letter to the IASB regarding its request for information on a review of the IFRS for SMEs View > See more
2013/211 15/02/2013 Letter Comment letter to the EFRAG regarding IASBs exposure draft - Annual Improvements to IFRSs 2011-2013 cycle View > See more
2013/210 15/02/2013 Letter Comment letter to the IASB regarding its exposure draft - Annual Improvements to IFRSs 2011-2013 cycle View > See more
2013/190 11/02/2013 Letter Letter to the EFRAG - on the DP: Towards a Disclosure Framework for the Notes View > See more
2013/104 30/01/2013 Letter Letter to the EFRAG - IFRS Foundation Proposal to Establish an Accounting Standards Advisory Forum View > See more
2013/103 30/01/2013 Letter Letter to the IFRS Foundation - Proposal to Establish an Accounting Standards Advisory Forum View > See more
2012/780 11/12/2012 Letter Comment letter to the EFRAG regarding its call for evidence on experiences with IFRS 8 operating segments View > See more
2012/779 11/12/2012 Letter Comment letter to the IASB regarding IFRS 8 operating segments View > See more
2012/674 20/11/2012 Letter Letter to EFRAG - IASB and IFRS Interpretations Committee Due Process Handbook View > See more
2012/673 20/11/2012 Letter Letter to the IFRS Foundation - IASB and IFRS Interpretations Committee Due Process Handbook View > See more
2012/568 27/09/2012 Letter Letter to EFRAG regarding its comment to IASB on its draft Interpretation Put Options Written on Non-Controlling Interests View > See more
2012/567 27/09/2012 Letter Letter to IASB on the draft Interpretation Put Options Written on Non-Controlling Interests View > See more
2012/548 17/09/2012 Letter Letter to EFRAG on IASB's ED "Improvements to IFRSs" View > See more
2012/547 17/09/2012 Letter Letter to IASB on the ED Improvements to IFRSs View > See more
2012/543 11/09/2012 Letter Letter to EFRAG on the IASB draft interpretation Levies Charged by Public Authorities on Entities that Operate in a Specific Market View > See more
2012/533 11/09/2012 Letter Letter to IASB on the draft interpretation Levies Charged by Public Authorities on Entities that Operate in a Specific Market View > See more
2012/465 21/08/2012 Letter ESMA comment letter to the IFRS Interpretations Committee regarding its tentative agenda decision on IAS 39 Financial Instruments: Recognition and Measurement – Accounting for different aspects of restructuring Greek government bonds View > See more
2012/518 16/08/2012 Letter ESMA response to consultation on the governance of the Monitoring Group, the PIOB and the standard-setting boards and Compliance Advisory Panel operating under IFAC View > See more
2012/376 05/07/2012 Letter Letter to Eurostat - Suitability of IPSAS for EU Member States View > See more
2012/264 26/04/2012 Letter Comment letter to EFRAG on its discussion paper - Accounting for business combinations under common control View > See more
2012/203 21/03/2012 Letter ESMA comment letter to EFRAG on their endorsement advice on IFRS 10 – Consolidated Financial Statements View > See more
2012/181 19/03/2012 Letter ESMA comment letter to EFRAG regarding IASB's Exposure Draft - Revenue from Contracts with Customers View > See more
2012/180 19/03/2012 Letter ESMA comment letter to the IASB on the Exposure Draft - Revenue from Contracts with Customers View > See more
2012/19 16/01/2012 Letter ESMA comment letter to EFRAG regarding IASB’s ED Investment Entities View > See more
2012/18 16/01/2012 Letter ESMA comment letter to the IASB on its ED Investment Entities View > See more
2011/369 22/11/2011 Letter ESMA comment letter to the IASB - 2011 Agenda Consultation View > See more
2011/370 22/11/2011 Letter ESMA comment letter to EFRAG - EFRAG response to the IASB request for views on the 2011 Agenda Consultation View > See more
2011/356 28/10/2011 Letter Comment letter to EFRAG - EFRAG's draft response to the IFRS Interpretations Committee draft response on the Committee's tentative agenda decisions View > See more
2011/351 28/10/2011 Letter Comment letter to IASB - ED Mandatory Effective Date IFRS 9 View > See more
2011/352 28/10/2011 Letter Comment letter to EFRAG - EFRAG's draft response to the IASB ED Mandatory Effective Date IFRS 9 View > See more
2011/316 05/10/2011 Letter Comment letter to the IASB regarding its Exposure draft - Improvements to IFRS View > See more
2011/317 05/10/2011 Letter Comment letter to the EFRAG regarding its draft response on the IASB's Exposure draft - Improvements to IFRS View > See more
2011/272 29/08/2011 Letter Letter to the IFRS Interpretations Committee on its recent tentative agenda decisions and particularly on the issues related to IFRS 8 View > See more
2011/276 29/08/2011 Letter Letter to the EFRAG - regarding its Discussion Paper "Considering the Effects of Accounting Standards" View > See more
2011/212 26/07/2011 Letter Letter to the IFRS - Response to the consultation regarding IFRS as the global standard: Setting a strategy for the Foundation's second decade View > See more
2011/213 26/07/2011 Letter Letter to EFRAG - Regarding their draft comment letter to the IFRS Foundation View > See more
2011/136 24/05/2011 Letter ESMA comment letter to the IFRS Foundation Monitoring Board on its Consultative Report on the Review of the IFRS Foundation's Governance View > See more
2011/105 26/04/2011 Letter ESMA comment letter to EFRAG regarding its draft response on the IASB’s Supplementary Document on the Exposure Draft Financial Instruments: Amortised Cost and Impairment View > See more
2011/106 26/04/2011 Letter ESMA comment letter regarding the IASB’s Exposure Draft Offsetting Financial Assets and Financial Li-abilities View > See more
2011/107 26/04/2011 Letter ESMA comment letter to the EFRAG regarding its draft response on the IASB View > See more
2011/108 26/04/2011 Letter ESMA comment letter to the IASB regarding the Supplementary Document on the Exposure Draft Financial In-struments: Amortised Cost and Impairment View > See more
2011/89 14/03/2011 Letter ESMA comment letter to the IASB on the Exposure Draft Hedge Accounting View > See more
2011/90 14/03/2011 Letter ESMA comment letter to EFRAG regarding its draft response on the IASB’s Exposure Draft Hedge Accounting View > See more
2011/70 25/02/2011 Letter ESMA comment letter to the IFRS foundation - Review of the operational efficiency and effectiveness of the IFRS Interpretations Committee View > See more
2011/71 25/02/2011 Letter ESMA comment letter to EFRSG - EFRAG’s draft response on the Review of the operational efficiency and effectiveness of the IFRS Interpretations Committee View > See more
2011/34 25/01/2011 Letter ESMA comment letter on the IASB’s Request for Views on Effective Date and Transition Methods View > See more
2011/19 25/01/2011 Letter ESMA comment letter EFRAG’s draft response to the IASB’s Request for Views on Effective Date and Transition Methods View > See more
10-1505 22/12/2010 Letter Letter to the IFRS foundation regarding the Trustees' Strategy Review View > See more
10-1623 22/12/2010 Letter CESR Comment letter to EFRAG regarding the Trustees' Strategy Review View > See more
10-1518 10/12/2010 Letter CESR comment letter regarding the IASB’s Exposure Draft Leases View > See more
10-1468 10/12/2010 Letter CESR comment letter regarding EFRAG’s draft response on the IASB’s Exposure Draft Leases View > See more
10-1456 10/12/2010 Letter Letter to the European Commission regarding CESR’s supplementary report related to developments of certain third country GAAPs with regard to their equivalence under Transparency Directive and Prospectus Regulation View > See more
10-1344 10/12/2010 Letter Comment letter to the IFRS foundation regarding The annual improvements process: Proposals to amend the Due Process Handbook for the IASB View > See more
10-1493 10/12/2010 Letter CESR Comment letter regarding EFRAG’s draft response on The annual improvements process: Proposals to amend the Due Process Handbook for the IASB View > See more
10-1494 03/12/2010 Letter CESR letter regarding EFRAG’s draft response to the IASB’s ED Insurance Contracts View > See more
10-1540 03/12/2010 Letter CESR letter regarding the IASB’s Exposure Draft Insurance Contracts View > See more
10-1370 18/11/2010 Letter Comment letter - EFRAG’s draft response on the IASB’s Exposure Draft Deferred Tax: Recovery of Underlying Assets – Proposed amendments to IAS 12 View > See more
10-1436 18/11/2010 Letter Comment letter to the IASB View > See more
10-1243 18/10/2010 Letter CESR letter to the IFRS Interpretations Committee concerning its rejection notices published after its September 2010 meeting View > See more
10-1197 28/09/2010 Letter Comment letter on the IASB’s ED Presentation of Items of Other Comprehensive Income View > See more
10-1156 27/09/2010 Letter Comment letter on EFRAG’s draft response on the FASB ED Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities View > See more
10-1079 27/09/2010 Letter Comment letter to the IASB and FASB on the FASB ED Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities View > See more
10-1172 27/09/2010 Letter Comment letter on EFRAG’s draft response on the ED Revenue Recognition from Contracts with Customers View > See more
10-910 23/09/2010 Letter Comment letter on EFRAG’s draft response on the IASB’s Exposure Draft Presentation of Items of Other Comprehensive Income View > See more
10-890 23/09/2010 Letter Comment letter on EFRAG’s draft response on the IASB’s Exposure Draft Defined Benefit Plans (proposed amendments to IAS 19) View > See more
10-888 02/09/2010 Letter CESR comment letter concerning EFRAG’s draft response on the IASB’s Exposure Draft Measurement Uncertainty Analysis Disclosure for Fair Value Measurements View > See more
10-781 13/07/2010 Letter EFRAG’s draft comment letter on the IASB’s Exposure Draft Fair Value Option for Financial Liabilities View > See more
10-835 07/07/2010 Letter CESR's comment letter on EFRAG’s draft response on the IASB’s Exposure Draft Conceptual Framework for Financial Reporting: The Reporting Entity View > See more
10-713 29/06/2010 Letter CESR’s comment letter on EFRAG’s draft response on the IASB’s ED Financial Instruments: Amortised Cost and Impairment View > See more
10-517 03/05/2010 Letter Comment letter on EFRAG’s amended draft response on the IASB’s Exposure Draft Measurement of Liabilities in IAS 37 View > See more
10-495 23/04/2010 Letter Comment letter on IFRIC’s Tentative Agenda decision on IFRS 5 Non-current Assets Held for Sale and Discontinued Operations – Reversal of disposal group impairment losses relating to goodwill View > See more
10-390 23/03/2010 Letter Comment letter on EFRAG’s draft response on the IASB’s Exposure Draft Measurement of Liabilities in IAS 37 View > See more
10-197 18/02/2010 Letter Comment letter - CESR comments on EFRAG’s draft response on the IASB’s ED Management Commentary View > See more
09-1112 09/12/2009 Letter Comment letter - EFRAG’s draft comment letter on the IASB’s Exposure Draft Rate-Regulated Activities View > See more
09-10121 05/11/2009 Letter Comment letter to EFRAG’s draft comment letter on the IASB’s Exposure Draft Improvements to IFRS View > See more
09-807 02/10/2009 Letter CESR's comment letter to EFRAG’s draft response on the ED Discount Rate for Employee Benefits. View > See more
09-780 29/09/2009 Letter CESR’s response to EFRAG’s draft comment letter on the IASB’s Exposure Draft Fair Value Measurement View > See more
09-895 29/09/2009 Letter CESR’s response to the IASB’s Exposure Draft Fair Value Measurement View > See more
09-903 29/09/2009 Letter CESR’s response to EFRAG’s draft comment letter on IFRIC’s Draft Interpretation D25 Extinguishing Financial Liabilities with Equity Instruments View > See more
09-796 17/09/2009 Letter CESR's response to EFRAG’s draft comment letter on the IASB’s Exposure Draft Financial Instruments: Classification and Measurement View > See more
09-861 17/09/2009 Letter CESR comment letter on IASB’s Exposure Draft Financial Instruments: Classification and Measurement View > See more
09-787 03/09/2009 Letter CESR's response to EFRAG’s draft comment letter on the IASB’s Exposure Draft Classification of Rights Issues View > See more
09-717 01/09/2009 Letter CESR's response to EFRAG’s draft comment letter on the IASB’s discussion paper on Credit Risk in Liability Measurement View > See more
09-737 30/07/2009 Letter CESR’s response to the IASB’s Discussion Paper Preliminary Views on Revenue Recognition in Contracts with Customers View > See more
09-584 30/07/2009 Letter CESR's response to EFRAG’s draft comment letter on the IASB’s Exposure Draft ‘Income Tax’ View > See more
09-659 15/07/2009 Letter CESR's comment letter on EFRAG's draft comment letter on the IASB's Exposure Draft Derecognition View > See more
09-660 15/07/2009 Letter CESR's comment letter on EFRAG’s draft comment letter on the IASB/FASB’s joint Discussion Paper ‘Preliminary Views on Leases’ View > See more
09-607 25/06/2009 Letter CESR’s comments regarding IFRIC tentative agenda decision on IAS 39 “significant or prolonged” View > See more
09-511 09/06/2009 Letter CESR’s response to EFRAG on IASB’s Discussion Paper Preliminary Views on Revenue Recognition in Contracts with Customers View > See more
09-404 23/04/2009 Letter CESR’s response to IASB’s Request for Views on Proposed FASB amendments on Fair Value Measurement and Proposed FASB Amendments to Impairment Requirements for Certain Investments in Debt and Equity Securities View > See more
09-373 20/04/2009 Letter CESR's comments to EFRAG on proposed FASB amendments View > See more
09-235 10/04/2009 Letter CESR’s response to EFRAGs consultation regarding IASB’s Discussion Paper - Preliminary views on Financial Statements Presentation View > See more
09-159 10/04/2009 Letter CESR’s response to the consultation regarding International Accounting Standards Committee Foundation Review of the Constitution Part 2 View > See more
09-236 24/03/2009 Letter Comments regarding IASB’s Exposure Draft ED 10 Consolidated Financial Statements View > See more
09-244 16/03/2009 Letter CESR's comment letter regarding IASB’s Exposure Draft of proposed amendments to IAS 24 Relationships with the state View > See more
09-048 21/01/2009 Letter CESR's comment letter on IASB’s Exposure Draft of proposed amendments to IFRIC 9 and IAS 39 Embedded Derivatives View > See more
09-035 16/01/2009 Letter CESR's comment letter on IFRS 7 ED Investments in Debt Instruments View > See more
09-051 16/01/2009 Letter CESR's comment letter to IASB on IFRS 7 ED Investments in Debt Instruments View > See more
08-957 10/12/2008 Letter CESR comment letter to EFRAG - Comments regarding IASB’s Exposure Draft on IFRS 7 Improving Disclosures about Financial Instruments View > See more
08-796 03/10/2008 Letter CESR input to the IASB Expert Advisory Panel consultation paper regarding “Measuring and disclosing the fair value of financial instruments in markets that are no longer active” View > See more
08-646 25/09/2008 Letter CESR's comment letter to IASB’s Exposure Draft on an improved Conceptual Framework for Financial Reporting View > See more
08-648 25/09/2008 Letter CESR's comment letter to the draft endorsement advices on IFRS 3 Business Combinations and IAS 27 View > See more
08-658 25/09/2008 Letter CESR's comment letter to the IASB’s Discussion Paper on Reducing Complexity in Reporting Financial Instruments View > See more
08-663 22/09/2008 Letter CESR's comment letter to the IASCF regarding the first part of the review of the Constitution View > See more
08-666 22/09/2008 Letter CESR's response to EFRAG's Consultation on Strengthening the European Contribution to the International Standard Setting Process – EFRAG enhancement. View > See more
08-647 11/09/2008 Letter CESR's comment letter to EFRAG on the IASB discussion paper on Financial Instruments with the characteristics of Equity View > See more
08-285 29/04/2008 Letter Comments regarding IFRICs Exposure Draft D 24 on Customer Contributions View > See more
08-166 18/03/2008 Letter Comments regarding IASB’s Exposure Draft on amendments to IFRS 1 and IAS 27 Cost of an investment in a subsidiary, jointly controlled entity or associate View > See more
07-851 08/01/2008 Letter CESR letter to EFRAG - IASB’s Exposure Draft of proposed Improvements to International Financial Reporting Standards 2007 View > See more
07-864 08/01/2008 Letter CESR letter to EFRAG - IASB’s Exposure Draft on ED 9 Joint arrangements View > See more

Audit

Reference Date Type Title Download More Info
2014/363 07/04/2014 Letter Letter to the IAASB on its Proposed Strategy and Work Program for 2015-2019 View > See more
2013/1880 04/12/2013 Letter IAASB ED– Reporting on Audited Financial Statements View > See more
2012/849 20/12/2012 Letter Letter to IAASB on Improving the Auditor's Report View > See more
2011/353 25/10/2011 Letter Comment letter to the IAASB - IAASB Consultation Paper View > See more
10-1353 10/12/2010 Letter CESR Comment letter to the IAASB regarding the Consultation on the proposed revisions to International Standard on Auditing (ISA) 315, Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment, and View > See more
10-1158 26/10/2010 Letter CESR comment letter regarding the IAASB consultation on the Exposure Draft on ISAE 3420, Assurance Reports on the Process to Compile Pro Forma Financial Information Included in a Prospectus View > See more
09-766 22/10/2009 Letter Comment letter on the consultation on the Adoption of International Standards on Auditing View > See more
09-291 09/06/2009 Letter CESR’s response regarding Control Structures in Audit Firms and their Consequences for the Audit Market View > See more