Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-24-Speech-4-174"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-04-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20080424.18.4-174"2
lpv:hasSubsequent	lp_eu:2008-04-24-Speech-4-1752
lpv:speaker	lp:Małgorzata Handzlik2
lpv:spokenAs	member; EPP-ED (2004-07-20--2009-07-13)3 member; Delegation for relations with Mercosur (2007-03-14--2009-07-13)3 member; IMCO (2007-01-31--2009-07-13)3 substitute; Delegation for relations with the countries of the Andean Community (2007-03-14--2009-07-13)3 substitute; Delegation for relations with the Gulf States, including Yemen (2007-03-14--2009-07-13)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 unknown; Platforma Obywatelska (2004-07-20--2009-07-13)3
lpv:translated text	"High quality global accounting standards are enormously important for stability in financial markets. The International Financial Reporting Standards (IFRS) will, without doubt, make it easier to compare company financial reports and, as a result, will make it possible for investors to take better decisions. I would like, however, to point out that the requirements governing small and medium sized enterprises differ from the requirements of investors in capital markets. For this reason I agree with the rapporteur that the IFRS proposed by the International Accounting Standards Board (IASB) for SMEs are too complicated. I would emphasise that I shall consistently oppose solutions that, instead of making things easier, create additional obstacles for companies. The IASB proposal was prepared with fairly large SMEs in mind (over 50 employees). At this point I would like to mention some data published recently by EUROSTAT, according to which companies employing less than 50 workers constitute 98.7% of all the companies active in the European Union, and just 1.1%, about 210 000 companies, are SMEs with over 50 employees. I would point out that I do not oppose the idea of IFRS for small and medium sized enterprises as such. I believe, however, that the European Union should carry out a thorough investigation of what benefits SMEs might gain from adopting the IFRS. I shall follow the continuing debate on this issue with considerable interest."@en1

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