European Commission conference on financial reporting and auditing

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15 Oct 2010

On 9 and 10 February 2011, the European Commission will hold a high-level conference on accounting and auditing issues.

The first day will focus on accounting. The speakers will address questions related to governance of the standard setting process in an international context and will launch a debate on the objectives of financial reporting. Issues linked to the use of IFRS as the world-wide accounting standards such as convergence and the practical challenges of consistent application globally will also be discussed.

The second day will be dedicated to the European audit market. Discussions with a wide range of stakeholders will consider the need to further improve the European audit market and explore the best possible ways forward. The conference will offer a first glimpse of the results of the Green paper adopted on 13 October 2010.

More information on the conference is available on the European Commission's website.

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