IAS DIRECTIVE
June 1st, 2002
Keith NuthallAS the European Union moves towards the mandatory application of International Accounting Standards for listed companies, the European Commission has proposed reforms to the existing directives that harmonise national accounting laws that will remain in place for other businesses. The idea is to force Member States to drag their remaining national laws closer to IAS blueprints.In particular, Brussels' amendments to the 4th and 7th accounting directives would make it more difficult for a company to hide liabilities by setting up 'special purpose ...
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.