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Consultation on EC Directives

Consultation published by Her Majesty's Treasury View original »

2006/43/EC on the Statutory Audit of annual accounts and consolidated accounts and
2006/46/EC on Amending EC Accounting Directives

Together the two Directives seek to improve the credibility of financial statements provided by businesses in the EU, establish some basic sets of principles for the conduct of statutory audits and to engender good corporate governance practice.

The Department for Business Enterprise and Regulatory Reform (BERR) has conducted consultations on the impact of the two Directives on companies. Copies are available on the BERR website (external link).

This consultation is therefore specifically aimed at the mutual societies for which the Treasury has policy responsibility (i.e. building societies and friendly societies). BERR are implementing the provisions of the Directives in relation to Industrial & Provident Society Insurers, which are within the scope of the Directives. This consultation is open from 4 January 2008 to 29 February 2008.

Timeframe

This consultation started on 4th January 2008 and ended on 29th February 2008.

Consultation Documents

Here are the documents we were able to locate that relate to this consultation: