Study highlights differences in bank reporting under IFRS and BASEL II
Mar 18, 2011
A study by EDHEC Business School for the International Centre for Financial Regulation (ICFR), has highlighted differences in bank reporting under IFRS and under the Basel II regulations which lead to "significant variations" relating to capital adequacy and balance sheet leverage.
It recommends that "banks enhance the scope and nature of the reconciliation of IFRS to BIS-based capital ratios to improve the efficiency of markets in reducing information asymmetry about these variations".
For further information see the full report Here (link to ICFR website).
