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Em maio de 2000, o IOSCO anunciou a conclusão da análise das normas IAS,
adotando as seguintes Resoluções:
“In order to respond to the significant growth in cross-border capital flows, IOSCO has
sought to facilitate cross-border offerings and listings. IOSCO believes that cross-border
offerings and listings would be facilitated by high quality, internationally accepted
accounting standards that could be used by incoming multinational issuers in cross-border
offerings and listings. Therefore, IOSCO has worked with the International Accounting
Standards Committee (IASB) as it sought to develop a reasonably complete set of
accounting standards through the IASB core standards work program.
IOSCO has assessed 30 IASB standards, including their related interpretations ("the IASB
2000 standards")
10
, considering their suitability for use in cross-border offerings and
listings. IOSCO has identified outstanding substantive issues relating to the IASB 2000
standards in a report that includes an analysis of those issues and specifies supplemental
treatments that may be required in a particular jurisdiction to address each of these
concerns.
The Presidents' Committee congratulates the IASB for its hard work and contribution to
raising the quality of financial reporting worldwide. The IASB 's work to date has
succeeded in effecting significant improvements in the quality of the IASB standards.
Accordingly, the Presidents' Committee recommends that IOSCO members permit
incoming multinational issuers to use the 30 IASB 2000 standards to prepare their.
Financial statements for cross-border offerings and listings, as supplemented in the
manner described below (the "supplemental treatments") where necessary to address
outstanding substantive issues at a national or regional level.'
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Those supplemental treatments are:
Reconciliation: requiring reconciliation of certain items to show the effect of applying a
different accounting method, in contrast with the method applied under IASB standards;
Disclosure: requiring additional disclosures, either in the presentation of the financial
statements or in the footnotes; and
Interpretation: specifying use of a particular alternative provided in an IASB standard or a
particular interpretation in cases where the IASB standard is unclear or silent.
In addition, as part of national or regional specific requirements, waivers may be
envisaged of particular aspects of an IASB standard, without requiring that the effect of
the accounting method used be reconciled to the effect of applying the IASB method. The
use of waivers should be restricted to exceptional circumstances such as issues identified
by a domestic regulator when a specific IASB standard is contrary to domestic or regional
regulation.
The concerns identified and the expected supplemental treatments are described in the
Assessment Report.
IOSCO notes that a body of accounting standards like the IASB standards must continue
to evolve in order to address existing and emerging issues. IOSCO's recommendation
assumes that IOSCO will continue to be involved in the IASB work and structure and that
the IASB will continue to develop its body of standards. IOSCO strongly urges the IASB in
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All current IASB Standards other than IAS-15, Information Reflecting the Effects of Changing
Prices, which is not mandatory; IAS-26, Accounting and Reporting by Retirement Benefit Plans and
IAS 30, Disclosures in the Financial Statements of Banks and Similar Financial Institutions, which
have more limited application to specific types of enterprises; and IAS 40, Investment Property, which
was issued in May 2000.
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This recommendation is made without prejudice to the treatments or measures a would be
adopted regionally as part of a specific legal framework and / or mutual recognition agreements.