Need to Know - BIS and FRC consult on changes to law and accounting standards as a result of the UK implementation of the EU Accounting Directive
Published on:
15 Sep, 2014
This newsletter summarises the proposed changes to be made to UK law and accounting standards as a result of the implementation of the EU Accounting Directive ("the Directive") in the UK. The Directive consolidates existing legislation on financial reporting and aims to reduce the regulatory burden on smaller companies.