Common Accounting Standards for SMEs

A possible boost to European growth?

21 October 2015, 09.30 – 11.35, registration and welcome coffee from 09.00

Renaissance Hotel, Rue du Parnasse 19, 1050 Brussels


The president of the European Commission, Mr Jean-Claude Juncker has made the Capital Markets Union (CMU) one of his key priorities for the new legislative term. One of the cornerstones in the CMU is better access to finance for small and medium-sized enterprises. Today, however, divergent accounting standards across Europe hamper the access to cross-border finance for SMEs. Nonetheless, introducing IFRS for small and medium-sized enterprises would be too burdensome. Could simplified, common, and high-quality accounting standard tailored to SMEs be a way forward?

09.00 - 09.30 Registration and welcome coffee
09.30 - 09.40 Introduction by Moderator: Carlos Martin Tornero Editor, The Accountant
09.40 - 09.50 Nicolas Bernier Abad Policy Officer, Accounting and Financial Reporting, DG FISMA, European Commission
09.50 - 10.00 Olivier Boutellis-Taft Chief Executive, FEE – Federation of European Accountants
10:00 - 10.10 Leo van der Tas Global Leader, IFRS Services, Ernst & Young Global Limited
10:10 - 10.20 Peter Faross Secretary General, UEAPME
10:20 - 11.20 Discussion
11:20 - 11.35 Conclusion

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