The European Harmonization of National Accounting Rules : The Application of Directive 2013/34/EU in Europe

• Record Nr.: UNINA9910831013203321
• Autore: Incollingo Alberto
• Pubbl/distr/stampa: Cham : , : Springer International Publishing AG, , 2024; ©2023
• ISBN: 3-031-42931-1
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (340 pages)
• Collana: SIDREA Series in Accounting and Business Administration Series
• Altri autori (Persone): LionzoAndrea
• Disciplina: 346.2406648
• Soggetti: Accounting; Corporations, European
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di contenuto: Foreword -- Contents -- The Evolution of Financial Statements Regulations in the Main European Countries -- 1 Introduction -- 1.1 Non-IFRS Financial Statements -- 1.2 IFRS Financial Statements -- 2 The Interaction Between EU and IFRS in Developing Present Project in the Accounting Field -- 3 Present Projects in Developing Financial Reporting Within the EU -- 3.1 EFRAG -- 3.2 ARC -- 4 Nonfinancial Reporting -- 5 Concluding Remarks -- Appendix -- References -- Part I: Country Analysis -- Germany -- 1 Introduction -- 1.1 The Economic System -- 1.2 The Role of Civil Code and Financial Reporting Standards -- 1.3 The Role of the Tax Code -- 1.4 The Role of the Professional Standards-Setting Body -- 1.5 Summary -- 2 The Evolution of the Accounting Regulation in Germany -- 2.1 IFRS Adoption and Convergence -- 2.2 The Modernization of the German Commercial Code in 2009 -- 2.3 The Transposition of EU Directive 2013/34: The BilRUG and the Accounting for SMEs -- 2.4 The EU Directive 2014/95: Nonfinancial Disclosure in Germany -- 3 The Current State and the Key Characteristics of German Accounting Rules -- 3.1 General Provisions and Principles -- 3.2 Accounting Rules Depending on Legal Form and Size of the Firm
• Sommario/riassunto: The book explores the European harmonization of national accounting rules through the implementation of Directive 2013/34/EU. It provides ; an in-depth analysis of the directive's application across Europe, highlighting its impact on accounting practices. The work is co-authored by members of the European Financial Reporting Advisory Group (EFRAG) academic panel, focusing on the historical development of accounting standards and their role in society. The authors aim to address the complexities and the need for standardized accounting frameworks in the European Union, targeting academics, accounting professionals, and policy makers.