The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting

OTHER CONTROL POINTS

Paragraph 2.10

Review the requirements concerning reconciliations to U.S. GAAP for foreign private issuers that use a jurisdictional version of IFRSs;

Review the provisions concerning the form and content of IFRS financial statements included in Form 20-F, applicability of Regulation S-X, SABs, and other Commission guidance that concerns filing requirements and auditing;

Review the rules for significance testing resulting from using IFRSs in SEC filings.

Paragraph 2.11

List subsequent events and distinguish those related to the previous GAAP financial statements, those referring to the current period, and those covered by the IFRS 1 override;

Identify which subsequent events must not affect the opening IFRS statement of financial position;

Identify which subsequent events must not affect comparative periods;

Identify which subsequent events must affect comparative periods;

Identify which subsequent events must affect the current period;

Identify which subsequent events are pre-event financial statements under SEC rules and regulations;

Identify new estimation inputs;

Apply specific guidance to estimates concerning lease, equity versus financial liabilities, internally developed intangible assets, financial assets and liabilities, employee benefits, share-based payment transactions, and impairment of nonfinancial assets;

Identify depreciation and amortization policies that are unacceptable under IFRSs.

Paragraph 2.12

Identify ...