CONSULT.Outcome publishedConsultation · gov.uk
EU Accounting Directive: financial reporting
We’re asking for views on how to implement the reduced disclosure requirements in the EU Accounting Directive.
Last fetched 03 May 2026 · gov.uk
Detail
The EU Accounting Directive 2013/34/EU consolidates existing legislation on financial reporting. It also aims to reduce government regulatory control on smaller companies.
We want industry views on how we should implement the propopals in chapters 1 to 9 of the Directive. This is about reducing the amount of information member states can ask smaller companies to place in their annual statutory accounts. The changes must take effect by March 2015.
BIS has also consulted separately on Chapter 10 of Directive 2013/34/EU on new reporting requirements for large companies in the extractive industries.
Documents
UK Implementation of the EU Accounting Directive: Chapters 1 to 9 - financial statements and general requirements for auditapplication/pdfUK Implementation of the EU Accounting Directive: Chapters 1 to 9 - financial statements and general requirements for audit, options tableapplication/vnd.openxmlformats-officedocument.spreadsheetml.sheetUK Implementation of the EU Accounting Directive: Chapters 1 to 9 - financial statements and general requirements for audit, impact assessmentapplication/pdfUK implementation of chapters 1 to 9 of the EU accounting directive: government response to the consultationapplication/pdfUK implementation of the EU Accounting Directive: chapters 1 to 9: annual and consolidated financial statements, related reports of certain types of undertakings and general requirements for audit - final stage impact assessmentapplication/pdfEU Accounting Directive: financial reporting - consultation responses, A to Eapplication/x-zip-compressedEU Accounting Directive: financial reporting - consultation responses, F to Zapplication/x-zip-compressed