Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-18-Speech-4-013"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-12-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:Disclosure requirements for medium-sized companies and obligation to draw up consolidated accounts - Accounting requirements as regards medium-sized companies (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20081218.2.4-013"2
lpv:hasSubsequent	lp_eu:2008-12-18-Speech-4-0142
lpv:speaker	lp:Tadeusz Zwiefka2
lpv:spokenAs	member; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2004-09-15--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 substitute; Delegation to the EU-Moldova Parliamentary Cooperation Committee (2005-03-31--2009-07-13)3 unknown; Platforma Obywatelska (2004-07-20--2009-07-13)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2007-02-13--2009-07-13)3 substitute; Delegation for relations with the Mashreq countries (2007-03-14--2009-07-13)3 substitute; Delegation for relations with Belarus (2008-01-09--2009-07-13)3 member; JURI (2007-01-31--2009-07-13)3 substitute; CULT (2007-01-31--2009-07-13)3
lpv:translated text	"Mr President, the main aim of our enterprise policy is to create an appropriate environment for setting up and expanding new businesses. Improving the economic environment involves simplifying administrative and legal procedures and taking action regarding funding, taxes and both the social and the natural environment, as all of these have an impact on how businesses operate. Uniform regulations would greatly benefit the entire international business community. First of all, supranational financial reporting standards would make it easier to assess and compare the financial situation of companies in different countries, and this would facilitate the decision-making process with regard to investments. Secondly, thanks to financial reporting based on universally acknowledged and approved accounting principles, companies would have wider access to capital. Small and medium-sized companies often have to comply with the same legislation as large companies, even though their specific accounting needs are rarely examined. It is important to ensure that debates focus not only on simplification, but also on the impact of accounting standards on small and medium-sized enterprises, as opposed to large, listed companies. The debate on the subject of simplification generally focuses on costs. However, the debate on the implications of accounting requirements addresses the advantages of financial reporting and the needs of individual users. There are a number of advantages to introducing simplified regulations for small and medium-sized enterprises. First of all, the implementation of universal standards certainly brings fewer benefits for small and medium-sized private enterprises than it does in the case of larger, public companies. This leads to a cost-benefit imbalance with regard to the implementation of standards. In order to establish an appropriate cost-benefit balance, costs must be reduced. Secondly, financial reporting does not play a significant role in meeting the information requirements of owners of small and medium-sized enterprises, as they have direct access to information. Thirdly, the users of the financial reports produced by SMEs have a more limited knowledge of financial reporting, and it should therefore be adapted to the user’s abilities."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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