Accounting Regulation in Europe by Stuart McLeay (eds.)

By Stuart McLeay (eds.)

Show description

Read or Download Accounting Regulation in Europe PDF

Best political economy books

The International Political Economy Of Intellectual Property Rights

This booklet investigates the world of highbrow estate rights (IPRs) in the context of overseas political financial system. particularly, it examines the level to which strong curiosity teams, comparable to pharmaceutical multinational businesses, effect and form the political dynamism underlying the sphere of IPRs.

Asian Free Trade Agreements and WTO Compatibility: Goods, Services, Trade Facilitation and Economic Cooperation

It really is a suitable time to reconsider the connection among exchange regionalism and multilateralism within the Asian context as we witness the proliferation of loose exchange agreements (FTAs) in Asia. within the Nineteen Eighties and Nineteen Nineties, many students and policymakers believed that Asian integration was once market-based, instead of legal-based, and that Asian integration may by no means be codified via agreements.

Managing Indonesia's Transformation: An Oral History

Dealing with Indonesia's Transformation: An Oral historical past is an account of Ginandjar Kartasasmita's profession within the Indonesian executive, either lower than President Suharto and within the post-Suharto period. in accordance with the entire ministerial positions during which Kartasasmita has served the govt, the publication presents readers candid insights into the family and overseas political and monetary contexts within which judgements have been made, and the way guidelines have been formulated and applied in Indonesia.

Additional info for Accounting Regulation in Europe

Example text

Dissatisfaction and Trade Union Pressure The creation of the Institute of Auditors in 1953 had not dissipated the general dissatisfaction with the Belgian accounting situation. Many wanted a similar kind of professional organisation, but freed from state control. Spinoy (1964), Declerck (1965), Van Bulck and Coucke (1966/7 and 1968) and Herbiet (1968) all introduced bills into Parliament in order to protect the title of accountant and to create separate institutions for accountants and auditors (Delbeke, 1982).

Company law being a state and not a federal matter, certain states sought to attract companies to their territory by enacting very favourable (that is, non­restrictive) laws on company accounts. It is generally agreed that this competition was won by the state of Delaware. To this day, many important companies are resident there, despite it being (Coleman, 1983). one of the smallest states in the Union John Flower 17 Above, three reasons are given for why the EU should intervene in the field of company financial reporting; they may be charac­ terised as: (a) the economic reason: to ensure the efficient operation of the common market; (b) the legal reason: to fulfil the treaty obligation to protect shareholders and others with an interest in a company's affairs; and (c) the competition reason: to prevent member states from unfairly favouring companies registered in their jurisdiction.

This decree also dealt with the non consolidated accounts of holding companies. Subsequent accounting and financial reporting legislation for non­consolidated accounts was contained in Royal Decrees on the Annual Accounts of Companies of 12 September 1983 (amended on 5 May 1985, 6 November 1987 and 6 March 1990) and on the Minimum Standard Chart of Accounts of 12 September 1983 (amended on 6 November 1990). 35 With regard to group accounts, a Royal Decree of 1 September 1986 adapted that of 29 November 1977 and incorporated the experience on consolidated accounts gained in the meantime and, to some extent, the provisions of the Seventh Directive (Alexander and Archer, 1992).

Download PDF sample

Rated 4.11 of 5 – based on 37 votes