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JSE LIMITED - Gen - General - Proactive monitoring of financial statements

Release Date: 19/02/2015 15:00
Code(s): JSER     PDF:  
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Gen - General - Proactive monitoring of financial statements

GEN - General - Proactive monitoring of financial statements

PRO ACTIVE MONITORING OF FINANCIAL STATEMENTS


The integrity of financial information is a critical element of a well functioning market. The
Johannesburg Stock Exchange (“JSE”) therefore has a process whereby it pro-actively
reviews Annual Financial Statements for compliance with International Financial Reporting
Standards (“IFRS”). The objective of the review process is therefore to contribute towards the
production of quality financial reporting of entities listed on the JSE.


The JSE wishes to announce that for the fourth year it has published a report providing an
overview of the proactive monitoring activities of the past year. This report is available on the
JSE website (https://www.jse.co.za/current-companies/issuer-regulation/accounting-matters.)


This report is intended to be of interest to all market participants, including Issuers, investors,
auditors, other regulators and the general public. It sets out the important points which came
to our attention during the 2014 year with a view to assisting Issuers when they prepare their
next set of accounts. By presenting the points in an uncomplicated manner we also hope that
this will help demystify IFRS for the public.



19 February 2015

Date: 19/02/2015 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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