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Review of the Accounting Directives

In order to further simplify the requirements for SME the European Commission started a review process of the Accounting Directives with the “think small first” as the guiding principle.

Related documents:

Proposal of a Directive repealing and replacing the Accounting Directives 78/660/EEC and 83/349/EEC
25.10.2011	Commission proposes a Directive to replace and modernise the existing Accounting Directives. The proposal simplifies the Accounting requirements for small companies and improves the clarity and comparability of companies’ financial statements within the Union. Press release Frequently asked questions Legislative proposal: Full text Impact Assessment: Full text: part Ⅰ , part Ⅱ , – Provisional version. The final text will be available soon Summary: part Ⅰ , part Ⅱ , – Provisional version. The final text will be available soon
19.09.2011	Report on the Responses Received to the Consultation of Accounting Regulatory Committee Members on the Use of Options within the Accounting Directives as at 1 July 2010
30.06.2011	Report on a Study on Accounting requirements for SMEs by Cna Interpreta s.r.l.
17.11.2009 – 12.03.2010: Consultation on the International Financial Reporting Standard for Small and Medium-sized Entities
31.05.2010	Summary of the Consultation on IFRS for SMEs
25.05.2010	The stakeholders meeting on the review of the Accounting Directives and the IFRS for SMEs took place on 25.05.2010 in Brussels. Minutes
24.03.2010	Responses to the public consultation
17.11.2009	Consultation on the International Financial Reporting Standard for Small and Medium-sized Entities
07 / 2009	Update on the Review of the Fourth and Seventh Company Law Directives
12th June 2009 stakeholders meeting
09 / 2009	The minutes of the 12th June stakeholders meeting
06 / 2009	Modernisation and simplification of the 4th and the 7th Directives: Discussion Paper for Stakeholder meeting on Friday 12th June 2009
February 2009 Consultation on the Review of the Accounting Directives
10 / 2009	The results of the 2009 Consultation on the Review of the Accounting Directives
06 / 2009	Presentation of the results of the Consultation on the Review of the Accounting Directives
05 / 2009	Responses to the public consultation
02 / 2009	Consultation paper on the Review of the Accounting Directives On 26.02.2009 Commission presented a Consultation paper outlining the main ideas for simplification. The Consultation period ended on 30 April 2009
Commission Communication of 10 July 2007
12 / 2007	Reactions to the Commission communication of 10 July 2007 Summary report on the reactions Reactions to the communication
07 / 2007	Communication on a simplified business environment for companies in the areas of company law, accounting and auditing Press release Text of the communication Frequently asked questions