IFRS Enforcement

EECS is a forum which brings together all EU National Enforcers of financial information. The enforcers meet to exchange views and discuss experiences of enforcement of IFRS.

A key function of EECS is the analysis and discussion of decisions taken by independent EU National Enforcers in respect of financial statements published by issuers with securities traded on a regulated market and who prepare their financial statements in accordance with IFRS. The purpose of this is to increase convergence amongst enforcers activities across Europe. 


ESMA regularly publishes extracts from the EECS database of enforcement decisions contributing to provide greater transparency for market participants on application of standards that they consider useful.

IFRS Enforcement

Reference Date Type Title Download More Info
2014/1310 28/10/2014 Press release Press Release - ESMA sets enforcement priorities for listed companies’ financial statements View > See more
2014/1309 28/10/2014 Statement Public Statement - European common enforcement priorities for 2014 financial statements View > See more
2014/807 10/07/2014 Final report Final Report on ESMA Guidelines on enforcement of financial information View > See more
2014/643 16/06/2014 Report Review on the application of accounting requirements for business combinations in IFRS financial statements View > See more
2014/551 23/05/2014 Final report IFRS Enforcement in Europe in 2013 View > See more
2014/380 09/04/2014 Reference document List of decisions published in the Extracts from the EECS’s Database of Enforcement (updated April 2014) View > See more
2014/377 09/04/2014 Report 15th Extract from the EECS’s Database of Enforcement View > See more
ESA/2014/001 24/01/2014 Letter Letter to Commissioner Barnier, Maystadt Report View > See more
2013/1774 03/12/2013 Letter Agenda item request, Classification and measurement of core inventories View > See more
2013/1773 03/12/2013 Letter Agenda item request, Issues related to the application of IFRS 5 View > See more
2013/1665 18/11/2013 Press release ESMA - Financial institutions must improve financial statement disclosures 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
2013/1637 11/11/2013 Speech Keynote Speech at Financial Reporting Outlook (Ernst & Young) Conference, London View > See more
2013/1635 11/11/2013 Press release ESMA announces financial statements’ enforcement priorities for 2013 View > See more
2013/1634 11/11/2013 Statement European common enforcement priorities for 2013 financial statements View > See more
2013/1555 05/11/2013 Letter ESMA Comment Letter to the IFRS Interpretations Committee on application of IAS 1 View > See more
2013/1554 05/11/2013 Letter ESMA Comment Letter to IFRS Interpretations Committee on application of IAS 34 View > See more
2013/1545 29/10/2013 Final report 14th Extract from the EECS' database of enforcement View > See more
2013/1022 22/07/2013 Final report IFRS Enforcement in Europe in 2012 View > See more
2013/854 05/07/2013 Letter Letter to IFRS Interpretation Committee re IAS 8 View > See more
2013/815 01/07/2013 Letter Amendment to IAS 19 Employee benefits: Regional market issue View > See more
2013/444 04/04/2013 Report 13th Extract from the EECS’s Database of Enforcement View > See more
2013/244 21/02/2013 Letter Letter to the IFRS regarding discontinued operations - change in disposal method View > See more
2013/2 21/01/2013 Report European enforcers review of impairment of goodwill and other intangible assets in the IFRS financial statements View > See more
2013/9 15/01/2013 Letter Letter to IFRS IC - Elimination of intercompany profits between an issuer and its joint venture View > See more
2012/725 12/11/2012 Other European common enforcement priorities for 2012 financial statements View > See more
2012/730 12/11/2012 Press release ESMA announces enforcement priorities for 2012 financial statements View > See more
2012/656 10/10/2012 Report 12th Extract from the EECS’s Database of Enforcement View > See more
2012/464 23/08/2012 Letter ESMA Letter to IFRS Interpretations Committee on the scope of IFRS 2 and 3 View > See more
2012/412 28/06/2012 Report Activity Report on IFRS Enforcement in the European Economic Area in 2011 View > See more
2012/248 14/06/2012 Letter Letter to the IFRS Interpretation Committee - Accouting exposure to Greek sovereign debt View > See more
2011/414 02/12/2011 Press release Press release - ESMA gathers worldwide supervisors to discuss enforcement of IFRS View > See more
2011/372 10/11/2011 Final report Final report - Review of European enforcers on the implementation of IFRS 8 View > See more
2011/355 21/10/2011 Report Report - Activity Report on IFRS Enforcement in 2010 View > See more
2011/354 21/10/2011 Press release Press release - European enforcers see good level of IFRS application in 2010 View > See more
2011/265 16/08/2011 Report 11th Extract from the EECS's Database of Enforcement Decisions View > See more
2011/62 08/03/2011 Report 10th Extract from EECS's Database of Enforcement Decisions View > See more
10-1314 26/10/2010 Press release Press release - CESR sees improvements in financial instruments disclosures by European financial institutions in 2009 accounts View > See more
10-1083 26/10/2010 Statement Follow-up Statement on Application of Disclosure Requirements Related to Financial Instruments in the 2009 Financial Statements View > See more
10-1151 25/10/2010 Report 9th Extract from EECS’s Database of Enforcement Decisions View > See more
10-917 23/09/2010 Report Activity Report on IFRS enforcement 2009 View > See more
10-1150 23/09/2010 Press release Press release - CESR review identifies improvements in financial information throughout Europe in 2009 View > See more
10-834 13/07/2010 Report 8th Extract from EECS’s Database of Enforcement Decisions View > See more
09-1134 16/12/2009 Report 7th Extract from EECS’s Database of Enforcement Decisions View > See more
09-1196 07/12/2009 Press release Press Release - CESR gathers international supervisors to discuss worldwide enforcement of IFRS View > See more
09-1037 02/11/2009 Press release Press release - CESR analysis sees room for better compliance with IFRS disclosures View > See more
09-821 02/11/2009 Report Statement on application of disclosure requirements related to financial instruments in 2008 financial statements View > See more
09-720 26/08/2009 Report 6th extract from EECS’s database of enforcement decisions View > See more
09-252 24/03/2009 Report 5th extract from EECS’s database of enforcement decisions View > See more
09-966 23/12/2008 Report 4th extract from EECS’s database of enforcement decisions View > See more
08-283 19/05/2008 Report 3rd extract from EECS’s database of enforcement decisions View > See more
07-822 17/12/2007 Press release Press release - CESR publishes key information from its database of enforcement decisions taken by EU National Enforcers of financial information (IFRS) View > See more
07-630 17/12/2007 Report 2nd extract from EECS’s database of enforcement decisions View > See more
07-690 07/11/2007 Press release Press release - CESR publishes a report on its review of the implementation and the enforcement of IFRS in the European Union View > See more
07-352 07/11/2007 Report CESR’s review of the implementation and enforcement of IFRS in the EU View > See more
07-120 16/04/2007 Report Extract from EECS’s database of enforcement decisions View > See more
07-163 16/04/2007 Press release Press release - CESR publishes key information from its database of enforcement decisions taken by EU National Enforcers of financial information (IFRS) View > See more
04-257b 28/10/2004 CESR Guideline Guidance for Implementation of Coordination of Enforcement Activities View > See more
04-447 28/10/2004 Feedback statement Guidance for Implementation of Co-ordination of Enforcement of Financial Information - Feedback statement View > See more
04-257 25/06/2004 CESR Guideline Guidelines for Implementation of Co-ordination of Enforcment of Financial Information View > See more
04-325 25/06/2004 Press release Press release - Co-ordinating enforcement of Financial Information - Guidance for implementation of co-ordination mechanisms View > See more
03-317c 22/04/2004 CESR standard Standard No. 2 on Financial Information - Co-ordination of enforcement activities View > See more
04-045b 22/04/2004 Feedback statement Standard No. 2 on Financial Information - Co-ordination of enforcement activities - Feedback Statement View > See more
04-157 22/04/2004 Press release Press release - Standard No. 2 on Financial Information - Co-ordination of enforcement activities View > See more
03-317b 07/10/2003 Consultation paper CESR Draft Standard No. 2 on Financial Information - Co-ordination of Enforcement Activities View > See more
03-074 02/04/2003 Feedback statement Feedback statement on the consultation on the statement of principles on the enforcement of standards of financial information View > See more
03-073 01/03/2003 CESR standard Standard No. 1 on Financial Information View > See more
02-294 07/01/2003 Agenda Draft agenda for the CESR-Fin Open Hearing on Enforcement Principles View > See more
02-188b 22/10/2002 Consultation paper Proposed Statement of Principles of Enforcement of Accounting Standards in Europe View > See more