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Europe Daily Bulletin No. 8364

18 December 2002
Contents Publication in full By article 26 / 41
GENERAL NEWS / (eu) eu/budget
Commission adopts accountancy modernisation plan

Brussels, 17/12/2002 (Agence Europe) - In application of the financial regulation approved by the Council in June 2002, the European Commission adopted a plan for the application of a new accountancy framework for its general accounts up to 2005. This approval was given on Tuesday in Strasbourg. The plan essentially intends to integrate all the accountancy aspects into a single framework based on twenty "International Public Sector Accounting Standards (IPSAS) and international standards in...

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