PROIECTUL EUROPEAN DE SIMPLIFICARE PENTRU IMM-URI ÎN DOMENIUL CONTABILITĂŢII ŞI AL AUDITULUI

• Main Author: Aristita Rotila
• Format: Article
• Language: English
• Published: Danubius University 2008-05-01
• Series: EIRP Proceedings
• Online Access: http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/1084/1003

At the European Union level it has been considered that diminishing the administrativeburden is an important stage în developing the economy and allowing the European businesses to compete moreeffectively and be more successful în a highly competitive global environment, taking into account the potentialbenefits this could bring for small and medium-sized companies (SMEs). Accordingly, the European companylaw, accounting and auditing have been identified as priorities. In the field of accounting and auditing, SMEswould benefit from further simplification of the Directives. The simplification European project coincides withthe publication of the International Accounting Standards Board “Exposure draft of a proposed IFRS forSMEs”. But, the European Commission does not believe that this IFRS would provide sufficient elements tosimplify the life of European SMEs. Nevertheless, it has identified a number of other measures that could lead totangible simplification for SMEs.