5.1 Introduction

The SEC staff’s comments to FPIs using IFRS® Accounting Standards have addressed a number of financial accounting and disclosure topics. Many of the comments are generally consistent with those issued to domestic filers and raise topics discussed in other sections of this publication (although SEC staff comments to FPIs on such financial statement topics refer to IFRS Accounting Standards). Staff comments to FPIs that are uniquely relevant to entities that report under IFRS Accounting Standards are primarily related to the presentation of financial statements (under IAS 1).