Publication

9 June 2017

Standard setting in the 21st century

Accountancy Europe takes a thorough look at how standard setting for financial reporting and auditing is organised now, and what could be improved to keep this process relevant for the needs of the 21st century.

Technology and globalisation of business and the accountancy profession have changed what stakeholders expect of standard setting. Some think today’s process is too complicated, moves too slowly and they raise questions on its legitimacy.

We propose the principles and criteria that standard setters should embrace and suggestions for improvement where current standard setters do not meet these criteria. We provide ideas, but encourage feedback on this paper as only collective discussion can provide solutions for the future of standard setting.

Related content

BlogAccountancy Europe CEO introduces our work on taxation

20 July 2017

PublicationThe role of professional accountants in tax

20 July 2017

PublicationKeeping the audit profession attractive

18 July 2017

In the mediaAccountancy Europe Tax Day: reform at full speed

9 June 2017

BlogAccountancy Europe Digital Day – looking ahead

2 May 2017

PublicationAccountancy Europe Technology Barometer

24 April 2017

In the mediaAccountancy Europe’s Digital Day foresees a challenging but bright tomorrow

21 April 2017

Consultation responseIAASB’s Discussion Paper: Exploring the Demand for Agreed-Upon Procedures Engagements and Other Services

4 April 2017

Consultation responseIAASB’s Request for Input: Exploring the Growing Use of Technology in the Audit, with a...

15 February 2017

Consultation responseIAASB Discussion paper: Supporting Credibility and Trust in Emerging Forms of External Reporting: Ten Key...

3 February 2017

Consultation responseConsultation response to PIOB on its 2017- 2019 strategy

28 November 2016

EventAccountancy Europe Digital Day

27 September 2016

Press releaseFEE Briefing Paper ‘Proportionality and International Standards on Auditing (ISAs)

5 September 2011

EventFEE-CNDCEC Congress Venice 2010

15 April 2010

Sign up for our newsletter