The Evolution of the European Public Good Assessment in the EU Endorsement Process of IFRS

References

• Assemblée nationale. (2001). Rapport d’information déposé par la délégation de l’Assemblée Nationale pour l’Union européenne [Information report submitted by the delegation of the National Assembly for the European Union] (Report No. 3120). Paris: Assemblée nationale.
   Google Scholar
• Ballwieser, W., & Kuhner, C. (1994). Rechnungslegungsvorschriften und wirtschaftliche Stabilität [Accounting standards and economic stability]. Gesellschaft für bankwissenschaftliche Forschung e.V.
   Google Scholar
• Barnier, M. (2013). Philippe Maystadt, special adviser to Commissioner Michel Barnier, presents his recommendations for enhancing the EU’s role in international accounting standard-setting. Press release by the European Commission (IP-13-1065). Brussels.
   Google Scholar
• Barth, M. E., & Landsman, W. R. (2010). How did financial reporting contribute to the financial crisis. European Accounting Review, 19(3), 399–423. https://doi.org/10.1080/09638180.2010.498619
   Web of Science ®Google Scholar
• Bengtsson, E. (2011). Repoliticalization of accounting standard setting – The IASB, the EU and the global financial crisis. Critical Perspectives on Accounting, 22(6), 567–580. https://doi.org/10.1016/j.cpa.2011.04.001
   Google Scholar
• Bischof, J., & Daske, H. (2015). IFRS endorsement criteria in relation to IFRS 9. European Commission Directorate General for Internal Policies.
   Google Scholar
• Bischof, J., & Daske, H. (2016). Interpreting the European Union’s IFRS endorsement criteria: The case of IFRS 9. Accounting in Europe, 13(2), 129–168. https://doi.org/10.1080/17449480.2016.1210181
   Web of Science ®Google Scholar
• Camfferman, K., & Zeff, S. (2015). Aiming for global accounting standards. Oxford University Press.
   Google Scholar
• Chiapello, E., & Medjad, K. (2009). An unprecedented privatization of mandatory standard- setting: The case of European accounting policy. Critical Perspectives on Accounting, 20(4), 448–468. https://doi.org/10.1016/j.cpa.2008.09.002
   Google Scholar
• Crawford, L., Ferguson, J., Helliar, C. V., & Power, D. M. (2014). Control over accounting standards within the European Union: The political controversy surrounding the adoption of IFRS 8. Critical Perspectives on Accounting, 25(4–5), 304–318. https://doi.org/10.1016/j.cpa.2013.03.001
   Web of Science ®Google Scholar
• Dankert, J., Van Doorn, L., Reinders, H. J., & Sleijpen, O. (2018). A green supporting factor – the right policy? (policy Note no. 43). SUERF.
   Google Scholar
• Dewing, I., & Russell, P. O. (2008). Financial integration in the EU: The first phase of EU endorsement of international accounting standards. Journal of Common Market Studies, 46(2), 243–264. https://doi.org/10.1111/j.1468-5965.2007.00776.x
   Web of Science ®Google Scholar
• European Commission. (1990). Proceedings of the conference ‘The future of harmonization of accounting standards within the European Communities’. Brussels.
   Google Scholar
• European Commission. (1995). Accounting harmonization: A new strategy vis-a-vis international harmonization COM 508. Brussels.
   Google Scholar
• European Commission. (1999). Implementing the framework for financial markets: Action plan COM 232 final. Brussels.
   Google Scholar
• European Commission. (2000). EU financial reporting strategy: The way forward, COM 359 final. Brussels.
   Google Scholar
• European Commission. (2004). Commission Regulation (EC) No 2086/2004 of 19 November 2004 amending Regulation (EC) No 1725/2003 on the adoption of certain international accounting standards in accordance with Regulation (EC) no. 1606/2002 of the European Parliament and of the Council as regards the insertion of IAS 39. OJEU L 363 of 9 December.
   Google Scholar
• European Commission. (2004a). IAS 39 financial instruments: Recognition and measurement – frequently asked questions (FAQ) (MEMO/04/265). Brussels.
   Google Scholar
• European Commission. (2005). Commission Regulation (EC) no. 1864/2005 of 15 November 2005 amending Regulation (EC) no. 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) no. 1606/2002 of the European Parliament and of the Council, as regards international financial reporting standard no 1 and international accounting standards nos. 32 and 39. OJEU L 299 of 16 November.
   Google Scholar
• European Commission. (2006a). Commission decision of 14 July 2006 setting up a Standards Advice Review Group to advise the Commission on the objectivity and neutrality of the European Financial Reporting Advisory Group’s (EFRAG’s) opinions (2006/505/EC). OJEU L 199 of 21 July.
   Google Scholar
• European Commission. (2006). Working arrangement between European Commission and EFRAG. Brussels.
   Google Scholar
• European Commission. (2007). Commission decision of 20 December 2006 on appointment of members of the Standards Advice Review Group created by the Commission decision 2006/505/EC of 14 July 2006 setting up a Standards Advice Review Group to advise the Commission on the objectivity and neutrality of the European Financial Reporting Advisory Group’s (EFRAG’s) opinions (2007/73/EC). OJEU L 32 of 6 February.
   Google Scholar
• European Commission. (2007a). Endorsement of IFRS 8 Operating Segments. Analysis of Potential Effects – Report (Market F3 D(2007)). Brussels, 3 September.
   Google Scholar
• European Commission. (2015). Report from the Commission to the European Parliament and the Council: Evaluation of Regulation (EC) no. 1606/2002 of 19 July 2002 on the application of international accounting standards. Brussels.
   Google Scholar
• European Commission. (2016). Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA): Non -paper – meeting of the Accounting Regulatory Committee (ARC), agenda item V (European Public Good). Brussels, 24 May.
   Google Scholar
• European Commission. (2016a). Working arrangement between the European Commission and EFRAG (Ref. Ares (2016)2613193). Brussels.
   Google Scholar
• European Commission. (2016b). Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA): Minutes of the meeting of the Accounting Regulatory Committee. Brussels, 24 May.
   Google Scholar
• European Commission. (2016c). Commission Regulation (EU) 2016/2067 of 22 November 2016 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standard 9. OJEU L 323 of 29 November.
   Google Scholar
• European Commission. (2017). Commission Regulation (EU) 2017/1988 of 3 November 2017 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standard 4. OJEU L 291 of 9 November.
   Google Scholar
• European Commission. (2018a). Communication from the Commission to the European Parliament, the European Council, the Council, the European Central Bank, the European Economic and Social Committee and the Committee of the Regions: Action plan: Financing sustainable growth COM 97. Brussels.
   Google Scholar
• European Commission. (2018b). Report from the Commission to the European Parliament and the Council on the activities of the IFRS Foundation, EFRAG and PIOB in 2017. Brussels, 19 October.
   Google Scholar
• European Commission. (2018). Consultation document: Fitness check on the EU framework for public reporting by companies. Brussels.
   Google Scholar
• European Court of Justice. (1983). Case C-292/82 Merck v Hauptzollamt Hamburg-Jonas. European Court Report 1983-3781.
   Google Scholar
• European Financial Reporting Advisory Group. (2006). Annual review 2006. Brussels.
   Google Scholar
• European Financial Reporting Advisory Group. (2008). Annual review 2008. Brussels.
   Google Scholar
• European Financial Reporting Advisory Group. (2014). Approach to endorsement (Staff paper No. 09.01). Paper for the EFRAG Board meeting of 21 November. Brussels.
   Google Scholar
• European Financial Reporting Advisory Group. (2015). Moving forward, annual review 2015. Brussels.
   Google Scholar
• European Financial Reporting Advisory Group. (2019). Annual review 2019. Brussels.
   Google Scholar
• European Parliament. (2007). European Parliament resolution on the draft Commission regulation amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards: International Financial Reporting Standard (IFRS) 8 concerning disclosure of operating segments (C6-0000/0000) (B6-0157/2007). Brussels, 18 April.
   Google Scholar
• European Parliament. (2016). Report on international accounting standards (IAS) evaluation and the activities of the international financial reporting standards foundation (IFRS foundation), the European Financial Reporting Advisory Group (EFRAG) and the Public Interest Oversight Board (PIOB) (Report No. 2016/0000(INI), A8-0172/2016). Brussels.
   Google Scholar
• European Parliament. (2018). Committee on Economic and Monetary Affairs: Draft motion for a resolution further to Question for Oral Answer B8-0000/2018 pursuant to Rule 128(5) of the Rules of Procedure on International Financial Reporting Standards: IFRS 17 Insurance Contracts (2018/2689(RSP)) of 27 April 2018.
   Google Scholar
• European Parliament. (2018a). Parliamentary questions: Question to the Commission with request for an oral answer, Article 128 of the Regulation, Theodor Dumitru Stolojan, on behalf of the Committee on Economic and Monetary Affairs. 20 June 2018, O-000068/2018.
   Google Scholar
• European Parliament and Council. (2002). Regulation (EC) no. 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards. OJEU L243 of 11 September 2002.
   Google Scholar
• European Parliament and Council. (2017). Regulation (EU) 2017/827 of the European Parliament and of the Council of 17 May 2017 amending Regulation (EU) No 258/2014 establishing a Union Programme to support specific activities in the field of financial reporting and auditing for the period 2014-20. OJEU L129 of 19 May 2017.
   Google Scholar
• Hennrichs, J., & Schubert, D. (2007). EG-Rechtswidrigkeit übermäßiger Angabepflichten nach IFRS [EC illegality of excessive disclosure requirements according to IFRS]. ZIP-Zeitschrift für Wirtschaftsrecht, 12, 563–569.
   Google Scholar
• High-Level Expert Group on Sustainable Finance. (2018). Financing a sustainable European economy, final report. Brussels.
   Google Scholar
• Klee, L., & Chambost, I. (2009). La régulation comptable européenne: de l’articulation, de l’expertise et du politique [European accounting regulation: Articulation, expertise and policy]. Proceedings of the annual conference of the association Française de Comptabilité: La place de la dimension européenne dans la Comptabilité Contrôle Audit, Strasbourg, 27-29 May.
   Google Scholar
• Kothari, S. P., & Lester, R. (2012). The role of accounting in the financial crisis: Lessons for the future. Accounting Horizons, 26(2), 335–351. https://doi.org/10.2308/acch-50134
   Web of Science ®Google Scholar
• Kuhner, C. (1997). Maintaining economic stability as a motive for statutory accounting requirements. European Accounting Review, 6(4), 733–754. https://doi.org/10.1080/09638189700000014
   Google Scholar
• Laux, C., & Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis? Journal of Economic Perspectives, 24(1), 93–118. https://doi.org/10.1257/jep.24.1.93
   Web of Science ®Google Scholar
• Malo, J.-L. (2014). Normalisation comptable: le reveil des parlémentaires européens [Accounting standard setting: The awakening of European parliamentarians]. In A. Burlaud (Ed.), Comptabilité, Finance et Politique: De la pratique à la théorie: l’art de la conceptualisation, Mélanges en l’honneur du professeur Christian Hoarau (pp. 111–120). ECS.
   Google Scholar
• Marteau, D., & Morand, P. (2010). Normes comptables et crise financière – Proposition pour une réforme du système de régulation comptable [Accounting standards and the financial crisis – proposal for a reform of the accounting regulatory system]. La Documentation française.
   Google Scholar
• Maystadt, P. (2013a, November 12). Press release of the European Commission.
   Google Scholar
• Maystadt, P. (2013). Should IFRS standards be more European? European Commission.
   Google Scholar
• Maystadt, P. (2017). Why and how EFRAG was reformed. Accounting, Economics and Law: A Convivium, 7(2), 31–34. https://doi.org/10.1515/ael-2017-0010
   Web of Science ®Google Scholar
• Perier, F. (1995). L’organisation internationale des Commissions de valeurs (OICV) et le rôle des régulateurs boursiers dans l’internationalisation des marchés [The International Organisation of Securities Commissions (IOSCO) and the role of stock exchange regulators in the internationalisation of markets]. Revue d’économie financière, 33(2), 123–133. https://doi.org/10.3406/ecofi.1995.2468
   Google Scholar
• Pinnuck, M. (2012). A review of the role of financial reporting in the global financial crisis. Australian Accounting Review, 22(1), 1–14. https://doi.org/10.1111/j.1835-2561.2011.00155.x
   Web of Science ®Google Scholar
• Pöschke, M. (2009). Eigenkapital mittelständischer Gesellschaften nach IAS/IFRS [Equity of medium-sized companies according to IAS/IFRS]. Peter Lang.
   Google Scholar
• Tinbergen, J. (1959). On the theory of economic policy. North-Holland Publishing.
   Google Scholar
• Van Hulle, K. (2003). Von den Bilanzrichtlinien zu international accounting standards [From accounting directives to international accounting standards]. Wirtschaftsprüfung, 56(18), 968–981.
   Google Scholar
• Van Hulle, K. (2004). From accounting directives to international accounting standards. In C. Leuz, D. Pfaff, & A. Hopwood (Eds.), The economics and politics of accounting (pp. 349–375). Oxford University Press.
   Google Scholar
• Van Mourik, C., & Walton, P. (2018). The European IFRS endorsement process – in search of a single voice. Accounting in Europe, 15(1), 1–32. https://doi.org/10.1080/17449480.2018.1438635
   Web of Science ®Google Scholar
• Walton, P. (2004). IAS 39: Where different accounting models collide. Accounting in Europe, 1(1), 5–16. https://doi.org/10.1080/0963818042000262711
   Google Scholar