A European example of issues arising in applying IFRS 5 As part of its activities, the European Securities and Markets Authority (ESMA) organizes a forum of enforcers from 30 different European jurisdictions, all of whom carry out monitoring and review programs similar to those carried out here by the Canadian Securities Administrators. ESMA recently published…

Here’s another issue considered a while ago by CPA Canada’s IFRS Discussion Group: “A reporting entity’s (the “Parent Entity”) operations consist of the exploration for and evaluation of mineral property interests. The Parent Entity’s mineral property portfolio consists of interests located in two countries – Country A and Country B. The mineral properties are held…

The challenges of presenting an asset or disposal group as held for sale for longer than twelve months Here’s another of the issues arising from extracts of enforcement decisions issued in the past by the European Securities and Markets Authority (ESMA) (for more background see here); this is from their 11th edition: “The issuer reported…