A European example of challenges in applying the IFRS 13 disclosure requirements 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 19th edition: “The issuer is a Real Estate Investment Trust and…
International Accounting Standards Board issues minor changes to IFRS Standards announces a recent IASB news release. Some may see in this another candidate for the line-up of underwhelming IASB news releases I satirized here. But I guess they felt they had to let us know, minor or not. The line-up includes this year’s batch of…
The IASB has issued Transfers of Investment Property, an exposure draft of proposed amendments to IAS 40, and its exposure draft of proposed Annual Improvements to IFRSs 2014-2016 Cycle, open for comment until March 18, 2016 and February 17, 2016 respectively. IAS 40.57 currently lists some circumstances in which an entity makes transfers to or from investment property,…
A European example of a non-compliant approach to measuring fair value 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 is a real estate company specialized in industrial…
by John Hughes 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 15th edition: “The issuer operates in the commercial and agricultural industry and owns a large plot of land, which had…
Are changes in the fair value of investment property an element of operating results? 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, a real estate company, presents…
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