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

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OTHER CONTROL POINTS

Paragraph 7.5
Apply the specific instructions of IAS 34 versus Subtopic 270-10 (APB 28) to specific items applicable to your accompany;
Review the guidance of IFRIC 10;
Solve any additional conflict between IAS 34 and other standards that is excluded from the scope of IFRIC 10;
Review the computation of year-to-date earnings per share under IFRSs versus U.S. GAAP.
Paragraph 7.7
Review which periods must be covered, comparative periods, reference to the latest financial year, and 12-month interim financial statements under IFRSs, U.S. GAAP, SEC rules and regulations.
Paragraphs 7.8, 7.9, and 7.10
Review the frequency and deadline requirements of interim reporting in your jurisdiction(s);
Review auditing requirements of interim reporting in your jurisdiction.
Paragraph 7.12
Compare the subtle differences of major captions to report in condensed financial statements under IFRSs, U.S. GAAP, and SEC rules and regulations;
Compare the structure used in the latest annual financial statements and how this affects your condensed interim reports;
Review specific instructions concerning minimum line items to display.

1. IAS 34, ¶ 18, prior to its deletion by Improvements to IFRSs (May 2010), also acknowledged that other IFRSs include disclosure for reports other than annual financial statements.

2. IAS 1, ¶ 4.

3. FASB ASC 270-10-45-2 (APB 28, ¶ 10).

4. IAS 34, ¶ 19.

5. FASB ASC 270-10-50-1 (APB 28, ¶ 30, Footnote 7).

6. IAS 34, ¶ 2.

7. ...

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