Accounting Directive definition
Examples of Accounting Directive in a sentence
This report is an Evaluation of Thresholds for Micro-Entities and has been prepared by the Centre for Strategy and Evaluation Services (CSES) in the context of possible changes to the provisions of the Fourth Accounting Directive.
In spite of these difficulties, overall, there are two significant conclusions, even at this stage: • Across the Member States surveyed, even before any further exemptions are applied, only around a quarter of enterprises are of a legal form that is covered by the 4th Accounting Directive; • There are significant differences between Member States in the proportion of enterprises that have ‘company’ status.
The Company will make severance payments equal to the amount of compensation which you would have received pursuant to Part Two, Section 3 if your employment had been continued throughout the term of this Agreement set forth in Part Two, Section 2 including any renewal term in which you have actually performed services prior to termination (the "Severance Period").
An important distinction in the analysis is that between the data collected on ‘companies’ - those business entities of a legal form covered by the provisions of the Fourth Accounting Directive - and ‘enterprises’ – the wider group of business entities of any legal form.
The purpose of the report is to provide evidence that can help inform discussion of the possible introduction of exemptions from the provisions of the Fourth Accounting Directive for a category of ‘micro entities’, as prompted by the European Commission’s Communication on a simplified business environment for companies in the areas of company law, accounting and auditing.