Traduction de «Comitato sulle norme contabili internazionali » (Italien → Anglais) :

On 13 February 2001, the Commission adopted a proposal for a Regulation on the application of International Accounting Standards (IAS) in the EU. It will introduce the requirement for all listed EU companies to prepare their consolidated financial statements in accordance with IAS as of 2005.

The Commission intends to: - propose improvements to the public-offer and listing prospectus Directives to remove inconsistent national requirements and allow mutual recognition - examine whether legal initiatives could assist specialised venture capital funds to mobilise capital on a pan-European basis for financing small-business start-ups - propose a Directive for the dismantling of investment restrictions on supplementary pension funds (see IP/98/447) - review whether the company reporting options in the Accounting Directives are compatible with the need for further harmonisation of financial reporting - work towards maintaining ...[+++] consistency between EU financial reporting framework and international accounting standards developed by the International Accounting Standards Committee (IASC) - determine the most expedient (legislative or non-legislative) means of improving the Investment Services Directive (ISD) notably as regards problems arising from national conduct of business rules.

Significant progress is being made towards the compulsory application of international accounting standards by 2005 and future legislation on supplementary pension funds.

It applies to the accounting directives concerning certain forms of companies (Fourth Directive and Seventh Directive) as well as banks and insurance companies. It also takes account of the provisions requiring listed companies to apply the international accounting standards (IAS) as from 2005.

The aim of the new strategy for international accounting harmonization is to improve coordination of European work on international accounting standards and to make possible the use of international accounting standards by companies seeking listings on international capital markets, while maintaining the legal framework established by EU accounting Directives.

Internal market Accounting harmonization - Council conclusions The Council - notes the report from the Permanent Representatives Committee in 7559/96; - endorses in principle the Commission's communication of 14 November 1995, in particular as regards its objectives of improving coordination of European work on accounting standards and of allowing the use of International Accounting Standards by companies seeking listings on international capital markets, while maintainin ...[+++]g the legal framework established by the EU Accounting Directives; - notes with satisfaction the progress achieved under the auspices of the Accounting Directives Contact Committee in establishing the compatibility of International Accounting Standards with the Accounting Directives; - emphasizes the importance of increasing Europe's influence in the international accounting debate, in particular within the IASC, and the need to provide the technical working party set up under the Contact Committee with the appropriate means; - asks the Commission to continue its discussions in cooperation with the Contact Committee on the development of European accounting standardization for all the undertakings covered by the Accounting Directives, in particular small and medium-sized undertakings, and to submit its initial conclusions as soon as possible.