Adjusting size criteria for inflation in the Accounting Directive to define micro, small and medium-sized enterprises
Banking and financial services
The Commission will review the thresholds of the Accounting Directive for determining the size category of a company to account for the impact of inflation. Since 2013 these thresholds have remained unchanged. The inflation adjustment of these thresholds will take the form of a delegated act. An increase in the size thresholds will result in the disapplication of many financial and sustainability reporting provisions under EU law for the micro, small and medium-sized enterprises.
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ID: 13912