TECHNICAL ROUND UP – NEW EU SMALLER BUSINESS ACCOUNTING STANDARDS BEING CONSIDERED
February 7th, 2015
A GREEN paper on creating a European Union (EU) Capital Markets Union (CMU) has sparked consultation on whether the EU should create and maybe mandate a simplified, common and high-quality accounting standard for smaller companies listed on certain trading systems. The EU does not insist that small private companies use international financial reporting standards (IFRS), and the green paper accepted that such a move would be a “source of additional cost.” However, a “tailored standard” for companies listing on trading venues, such as multilateral trading ...
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.