Publicação
The choices made by Portugal under Article 5 of Regulation No 1606/2002/CE
| Resumo: | In these last years, we’ve been watching a trend of global harmonisation in accountancy, characterized by the use of common rules in all countries.Under this context, the European Union, besides establishing social, economic and monetary policies for all Member States, also adopted the 4th and 7th Directives followed by the publication of the 1606/2002 Regulation. With this Regulation the EU (European Union) adopts the IASB (International Accounting Standards Board) standards, requiring its implementation, firstly to consolidated accounts of listed companies on stock exchange and, in a second phase, to other entities.Thus, this dissertation aims at analyzing the Portuguese situation in what concerns the enlargement of the requirements for implementation of the standards of the IASB, as adopted by the EU to all entities, besides those already listed on the stock exchange market.So, and after a revision of the written information on the subject, we will analyse the proposal of SNC – Sistema de Normalização Contabilistica that will be used by the Portuguese state to exercise the option referred to in Article 5 of Regulation n º 1606/2002, also focusing the main changes in what concerns the elements of financial statements.This study made us conclude that, according to our opinion, regardless of all impacts felt by the several agents and the meaningful changes necessary to all accountancy systems this process is not only inevitable but also necessary for the development of national accounting standards. |
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| Autores principais: | Ribeiro, Davide Alexandre Henriques |
| Assunto: | Harmonização IAS IASB União Europeia e SNC Harmonisation IAS IASB European Union SNC |
| Ano: | 2010 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Instituição associada: | ISCA da Universidade de Aveiro |
| Idioma: | português |
| Origem: | Estudos do ISCA |
| Resumo: | In these last years, we’ve been watching a trend of global harmonisation in accountancy, characterized by the use of common rules in all countries.Under this context, the European Union, besides establishing social, economic and monetary policies for all Member States, also adopted the 4th and 7th Directives followed by the publication of the 1606/2002 Regulation. With this Regulation the EU (European Union) adopts the IASB (International Accounting Standards Board) standards, requiring its implementation, firstly to consolidated accounts of listed companies on stock exchange and, in a second phase, to other entities.Thus, this dissertation aims at analyzing the Portuguese situation in what concerns the enlargement of the requirements for implementation of the standards of the IASB, as adopted by the EU to all entities, besides those already listed on the stock exchange market.So, and after a revision of the written information on the subject, we will analyse the proposal of SNC – Sistema de Normalização Contabilistica that will be used by the Portuguese state to exercise the option referred to in Article 5 of Regulation n º 1606/2002, also focusing the main changes in what concerns the elements of financial statements.This study made us conclude that, according to our opinion, regardless of all impacts felt by the several agents and the meaningful changes necessary to all accountancy systems this process is not only inevitable but also necessary for the development of national accounting standards. |
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