ICAEW webinar on the new EU Accounting Directive
The Institute of Chartered Accountants in England and Wales (ICAEW) will be hosting a webinar on 19 May 2015 on the key changes introduced as a result of the EU Accounting Directive.
The European Union published the EU Accounting Directive 2013/34/EU (‘the Directive’) on 26 June 2013, which amended Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC. The Directive aimed to simplify the accounting requirements for small companies and improves the clarity and comparability of companies' financial statements within the Union.
The Directive will have a significant impact on the accounting and reporting by small and micro-entities and will require a number of other amendments to UK accounting standards.
The webinar will cover:
- Revised accounting thresholds
- Changes to small company disclosures
- Flexibility in account formats
- Abridged accounts
- Changes to filing requirements
- Interaction with UK accounting standards
- Timing
Registration details for the webinar can be found on the ICAEW website.
Related Topics
- FRED 59 — Draft amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland – Small entities and other minor amendments
- FRED 60 — Draft amendments to FRS 100 Application of Financial Reporting Requirements and FRS 101 Reduced Disclosure Framework
- FRSSE (effective January 2015)
- FRED 50 Residential Management Companies' Financial Statements
- FRED 52: ‘Draft amendments to the Financial Reporting Standard for Smaller Entities (effective April 2008) - Micro-entities
- FRED 58 — Draft FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime
