Enforcement priorities from ESMA for 2024 financial statements

The European Securities and Markets Authority (ESMA) outlined the European common enforcement priorities (ECEP) for listed companies' 2024 financial statements.
Financial Reporting Priorities:
  • Liquidity considerations
  • Accounting policies, judgments, and significant estimates
Sustainability Reporting Priorities:
  • Materiality considerations in reporting under ESRS
  • Scope and structure of the sustainability statement
  • Disclosures related to Article 8 of the Taxonomy Regulation
The European Single Electronic Format (ESEF) Reporting Priorities:
  • Common errors in the statement of financial position
Additionally, the statement includes general remarks on the connectivity between financial and sustainability statements.
More information on the areas of focus is available in the public statement from ESMA.