Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-21-Speech-3-990"

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". I voted for the own-initiative report by my German colleague, Klaus-Heiner Lehne, on a simplified business environment for companies in the areas of company law, accounting and auditing, in response to the European Commission’s communication on the subject. Like my colleagues, I welcome the Commission’s general aim of reducing the administrative burden for businesses in Europe. This reduction, however, cannot be implemented at the price of legal or accounting uncertainty when the internal market begins to be penetrated by SMEs. I am pleased that Parliament did not accept the suggestion of raising the thresholds referred to in the communication for micro-entities, below which the entities are exempted from the accounting, auditing and disclosure requirements under European law. I am also very glad that Parliament voted for an amendment that I proposed in committee which was not adopted at that stage. This recommends that consultations be held relating to the necessity and feasibility of creating a European accounting and audit services regulator."@en1

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