CESR has published its first annual activity report on monitoring enforcement of International Financial Reporting Standards (IFRS) in Europe. The report shows both an increase in regulators' enforcement activities and greater consistency regarding the actions taken by enforcers. As part of the 2009 IFRS enforcement activities, EU enforcers also identified an overall improvement in the quality of reporting under IFRS, since its adoption in Europe. The report also presents those areas identified by enforcers on which listed companies are urged to focus further, in order to ensure improvements in the information provided to investors.