A key function of EECS is the analysis and discussion of decisions taken by independent EU National Enforcers in respect of financial statements published by issuers with securities traded on a regulated market and who prepare their financial statements in accordance with IFRS. The purpose of this is to increase convergence amongst enforcers activities across Europe.

EECS is not a decision-making forum. It neither approves nor rejects decisions taken by EU National Enforcers who apply their judgement, knowledge and experience to the particular circumstances of the cases that they consider as relevant factors may include other areas of national law beyond the accounting requirements.

Extracts from the EECS database of enforcement decisions are published on a regular basis and provide greater transparency for market participants on interpretations provided of unusual cases that they mind find useful.

Any correspondence regarding the work of this Committee should be sent to the CESR Secretariat.