EU emissions trading - accounting and auditing issues
27 Jan 2005
The European Federation of Accountants (FEE) has published an Alert on financial reporting and auditing issues arising from the European Union's Greenhouse Gas Emissions Trading Scheme, which went into effect on 1 January 2005. The International Financial Reporting Interpretations Committee (IFRIC) recently issued IFRIC 3 Emission Rights, which is discussed in the FEE report.
The FEE Alert may be downloaded without charge from the FEE Website (click 'Fee Publications' then 'Sustainability').
