ACCA

Archives for accounting

Surprisingly, the vast majority of European companies (around 98. 7%) are today exempted from statutory audit, covering almost half of all employees in Europe. It is also interesting to note that approximately 1.4 million audits are performed each year while the EU mandates only 0.3 million and that the audit exemption threshold varies according to… » read more

Posted by cecilebonino

The European parliament will vote on the 25 March on the report to amend EU Commission’s proposal to amend Directive 78/660/EC on the annual accounts of certain types of company. However , if efforts to reduce or eliminate burdens – where their identifiable net benefits are exceeded by the costs of compliance – are supported,… » read more

Posted by cecilebonino