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The requirement of using the IFRS as adopted in the European Union Regulation was enlarged, by means of the prospectus regulation, so that it should be applied to third country issuers proposing a public offer of securities in the EU and by means of the transparency directive, so that it should be applied to the third country issuers conducting securities transactions on the regulated community market. This directive provides that issuers must submit financial information in accordance with IFRS or accounting standards of the third country (third country GAAP Principles) that are "equivalent" to adopted IFRS.
International Financial Reporting Standards (IFRSS®) Including International Accounting Standards (IASS ™) and Their interpretations from January 1, 2006, CECCAR Publishing House, Bucharest, p. 25
Other financial reports contain information provided outside the financial statements to support the interpretation of a complete set of financial statements or to improve users' ability to make economic effective decisions
***, International Financial Reporting Standards (IFRSS®) including International Accounting Standards (IASS ™) and their Interpretations from January 1, 2006, CECCAR Publishing House, Bucharest, p. 23
International Financial Reporting Standards (IFRSS®) including International Accounting Standards (IASS ™) and their interpretations from January 1, 2006, CECCAR Publishing House, Bucharest, p. 25
By July 2005 the requirement was at least 8 votes
International Financial Reporting Standards (IFRSS®) including International Accounting Standards (IASS ™) and their Interpretations from January 1, 2006, CECCAR Publishing House, Bucharest, p. 28
Horomnea, E. - Treaty of accounting. Theories, Concepts, Principles, Standards, Applications, vol.I Sedcom Libris Publishing, Ia?i, 2001, p. 40
(Patrascu, 2014)
Patrascu, D. R. (2014). The Adoption and Implementation of IFRS / IAS - European and International Context. International Journal of Academic Research in Economics and Management Sciences, 3(5), 70–77.
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