FEE contributes to the debate on the role IFRS for SMEs can play in Europe and calls on all stakeholders including the European Commission to consider the contents of this new standard carefully.
Federation des experts Comptables Européens (FEE) supports global principles-based financial reporting standards for companies since these promote consistency and transparency. FEE wishes to contribute to the debate on the role IFRS for SMEs can play in Europe.
Hans van Damme,
FEE President, observed that “There is a need for more internationally comparable and harmonised financial statements, especially for medium sized and larger non-listed companies, because of increasing cross-border operations involving companies in different Member States. We call on all stakeholders including the European Commission to consider the contents of this new standard carefully in order to make a balanced decision on its possible use.
FEE is willing to contribute to the debate what role the
IFRS for SMEs can play in Europe”.
© FEE
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