Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-18-Speech-4-014"

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.20081218.2.4-014"2
lpv:hasSubsequent	lp_eu:2008-12-18-Speech-4-0152
lpv:speaker	lp:Lidia Joanna Geringer de Oedenberg2
lpv:spokenAs	member; PES (2004-07-20--2009-07-13)3 vice-chair; JURI (2007-01-31--2009-07-13)3 substitute; Delegation to the EU-Croatia Joint Parliamentary Committee (2004-09-15--2009-07-13)3 member; PETI (2007-11-28--2009-07-13)3 member; Delegation for relations with the countries of South Asia (2007-03-15--2009-07-13)3 member; Delegation to the Euro-Mediterranean Parliamentary Assembly (2007-03-15--2009-07-13)3 substitute; REGI (2007-02-14--2009-07-13)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2006-11-09--2009-07-13)3 unknown; Sojusz Lewicy Demokratycznej - Unia Pracy (2004-07-20--2009-07-13)3 substitute; FEMM (2007-01-31--2009-07-13)3
lpv:translated text	"Mr President, the European Parliament has for many years raised the alarm concerning the problem of the unnecessary and disproportionately high administrative costs imposed on European enterprises. We therefore welcome the news that the Commission has finally addressed this matter and proposed, by means of a fast-track procedure, amendments to the 4th and 7th Company Law Directives concerning disclosure requirements for medium-sized enterprises and the obligation to produce consolidated financial reports. I support the Commission’s approach, which aims to simplify the operating conditions for European enterprises. However, my support is conditional on these changes not hampering transparency or resulting in account users having limited access to information. The proposal to remove the requirement of disclosing formation expenses also seems justified. Extending the exceptions which benefit small enterprises, and which already greatly benefit the majority of Member States, to include medium-sized companies, may contribute to reducing the financial reporting burden on medium-sized enterprises. With regard to the proposed amendments to the 7th Company Law Directive, the obligation to draw up consolidated accounts has no real justification, because the consolidated accounts would, in this case, be almost identical to the non obligatory individual financial statements. The European Commission should make further efforts to revise the 4th and 7th Company Law Directives so that it can present a European accountancy framework before the end of 2009. A uniform standard will reduce the administrative burden for SMEs and increase transparency for everyone involved."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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