A current federal government bill provides for raising the monetary thresholds for determining the sizes of enterprise classes in accounting law by around 25 per cent. In this article, we let you know the details.
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Higher thresholds planned for enterprise class sizes in the Commercial Code
Financial accounting and reporting
The future of non-financial reporting – an update on sustainability reporting
Accounting
The Institute of Public Auditors in Germany, Incorporated Association (IDW) [Institut der Wirtschaftsprüfer in Deutschland e.V.], published a position paper on the future of non-financial reporting and assurance. Besides aspects to be considered for the development of an integrated reporting that addresses the information requirements of all stakeholders, the abstract provides an update on the latest ESG reporting pronuncements.