Activities of Cătălin Sorin IVAN related to 2016/2006(INI)
Plenary speeches (1)
International Accounting Standards (IAS) evaluation (A8-0172/2016 - Theodor Dumitru Stolojan)
Shadow opinions (1)
OPINION on IAS evaluation and the activities of the IFRS Foundation, EFRAG and the PIOB
Amendments (6)
Amendment 2 #
Draft opinion
Recital D
Recital D
D. whereas being active participation and cooperation between actors in the setting- up and endorsement process allows for a better understanding of the potential costs of implementation of any new accounting and reporting standard;
Amendment 10 #
Draft opinion
Paragraph 4
Paragraph 4
4. Notes that the high level of complexity of IFRS necessitates careful cost/benefit analysis and pertinent impact assessments and that a transparent and simplified IFRS would enable better understanding and use of financial information by its users;
Amendment 11 #
Draft opinion
Paragraph 5
Paragraph 5
5. Emphasises that, in that context, democratic scrutiny is an important element and that Parliament, the Commission and the Council must be involved in the development of financial reporting standards and the endorsement process in order to guarantee the overall coherence and appropriateness of accounting and reporting principles; considers that an endorsement process remains necessary to ensure that the standards developed by the private body fulfil certain criteria and suit Europe's economy before they become EU legislation.
Amendment 13 #
Draft opinion
Paragraph 7
Paragraph 7
7. Points out that the implementation of standardised and simplified accounting and reporting standards in the Union is not only relevant for markets and enterprises but also for the ‘public good’2; __________________ 2 As per the Maystadt recommendations. As per the Maystadt recommendations.
Amendment 15 #
Draft opinion
Paragraph 9
Paragraph 9
9. Points out that the lessons learnt from the implementation of the IAS and IFRS, particularly in relation to the strengthening of transparency and comparability principles, should be considered in the public sector and serve as a possible benchmark for EU Member States for the development of European Public Sector Accounting Standards (EPSAS); takes the view that a roadmap and/or an action plan should be envisaged by the Commission to that end;
Amendment 19 #
Draft opinion
Paragraph 12
Paragraph 12
12. Emphasises that improving the quality of primary accounting data and financial reporting provided by the public sector will contribute to the developing and assuming of public accountability, sustainable public finances with greater fiscal transparency and more stringent and transparent budgetary control.