Notes on the consolidated financial statements

  • Required disclosures in the notes on the legal status of IFRS
  • Effects of new or amended standards and interpretations (IAS 8.28)
  • New or amended standards and interpretations not applied (IAS 8.30).


  • IASB publishes amendments to IFRS 9
  • IASB finalizes amendments to IAS 28
  • IASB publishes exposure draft on IAS 8 entitled “Accounting Policies and Accounting Estimates”
  • Published exposure draft on the definition of “material”
  • Practice statement “Making Materiality Judgements” issued
  • Update of the IFRS Taxonomy for the submission of electronic financial statements.

Other standard setters

  • Q&A document on the introduction of IFRS for SMEs.

EU Endorsement

  • EU Endorsement Status Report.


  • ESMA 2018 key audit areas
  • ESMA issues further Q & As on the Guidelines on Alternative Performance Measures
  • ESMA: Enforcement decisions published.