(BQ) Part 2 book "Comparative international accounting" has contents: Making accounting rules for non-listed business enterprises in Europe, accounting rules and practices of individual companies in Europe, key financial reporting topics, foreign currency translation, international financial analysis,.and other contents. | 10/03/2008 16:37 Page 293 Find more at 14 Making accounting rules for non-listed business enterprises in Europe Robert Parker CONTENTS OBJECTIVES Introduction Who makes accounting rules? Introduction France Germany The UK Which business enterprises are subject to accounting rules? Introduction France Germany The UK Summary References Further reading Useful websites Questions Appendix Contents of the Plan comptable général (relating to financial accounting and reporting) Appendix Financial accounting chart of accounts, Classes 1–7 the Plan comptable général After reading this chapter, you should be able to: l explain who makes accounting rules for non-listed business enterprises in France, Germany and the UK; l explain why the forms of business enterprise subject to accounting rules differ from country to country within the European Union; l describe the legal forms of business enterprise in France, Germany and the UK. Introduction Chapter 13 explained that international financial reporting standards apply compulsorily within the EU only to the consolidated financial statements of listed companies. The present chapter and Chapter 15 are concerned with the overwhelming majority of business enterprises in Europe whose accounting and financial reporting rules are not made by the IASB or contained in US GAAP. These chapters do not 293 10/03/2008 16:37 Page 294 Find more at Part IV Financial reporting by individual companies deal with listed companies or with consolidated statements. Chapter 15 looks at accounting rules and practices for individual companies. The present chapter addresses two related questions: l Who makes accounting rules for business enterprises not listed on a stock exchange (Section )? l Which business enterprises are subject to these accounting rules .
