Accounting Policies / IFRS

In this section you find information about Wolters Kluwer’s accounting policies; a description of the accounting policies, the impact of the adoption of IFRS on equity and results and historic accounting policies.

Accounting policies
The accounting policies described in this section have been applied by Wolters Kluwer in its 2007 financial reports.
Summary of significant accounting policies ( 71 Kb)

IFRS
By means of regulation 1606/2002, the European Commission has stipulated that all listed companies within the European Union member states are required to prepare their consolidated financial statements under International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) as from January 1, 2005.
As the company publishes comparative information for one year in its annual report, the transition date to IFRS is January 1, 2004.

Below you will find an analysis of the impact of the transition to IFRS on Wolters Kluwer's 2004 financial reports (this may differ from earlier published data) and the transcript of the IFRS conference call:
Restatement of 2004 Financial Information

Transcript of the IFRS conference call