NEW EU ACCOUNTING RULES DIRECTIVES EU COUNCIL OF MINISTERS

STORIES BY KEITH NUTHALL IMPROVEMENTS in clarity and openness of annual and consolidated accounts for European Union (EU) businesses have been approved by the EU Council of Ministers, the latest of a series of transparency-seeking reforms to European company law directives. This latest change amends the fourth and seventh 'accounting' company law directives, and accounting directives for banks and insurers; it is designed, said a council statement, to "enhance confidence in the financial statements and annual reports published by EU companies". ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.