ECONOMY - FINANCE / (ae) finance

ESMA wants more consistency in compliance with IFRS standards

Brussels, 30/03/2016 (Agence Europe) - The European Securities and Markets Authority (ESMA)'s 2015 report on the application of the International Financial Reporting Standards (IFRS), published on Tuesday 29 March, highlights the need for greater consistency in the use of these standards.

ESMA worked with the national authorities to examine the compliance with these standards of 189 listed companies in 26 countries of the EU. This evaluation has led to 40 measures being taken to remedy...