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The IFRS for SMEs accounting standard: perceptions and expectations across Europe

The IFRS for SMEs accounting standard: perceptions and expectations across Europe
Over the last number of years, Mazars has carried out a number of surveys on international accounting standards, focusing particularly on their adoption and on the manner in which they are perceived by the business community. Thus, in 2005, Mazars carried out a survey which demonstrated that listed European groups were in favour of the IFRS accounting framework.
Mazars, in partnership with the EFRAG, now wanted to focus its attention on small and medium-sized enterprises (SMEs), particularly as regards their attitude to the increased convergence of national accounting principles with international standards, the manner in which they would view the prospect of a common set of accounting standards in Europe and their degree of preparation for these possible developments.
The questionnaire used in the survey was prepared on the basis of work carried out by Prof. Dr Peter Kajüter, Chair of International Accounting at the University of Münster (Germany).
To this end, 1,500 SMEs were consulted in six European countries (France, Germany, Italy, the Netherlands, Spain and the UK). The responses enable the expectations, hopes and fears of unlisted enterprises to be identified, in a context of globalisation and of harmonisation of accounting standards.
The responses also enable these enterprises’ ability to apply the provisions envisaged by the IASB in its draft international standard for unlisted enterprises to be evaluated.
[ Download the survey ]



Mazars' Annual Report 2006-2007
Cultivating responsibility in action

Mazars' annual report 2006-2007
Mazars is eager to extend its transparency policy. For the third year in a row, our annual report is available via our website as well as in paper format. This report includes our consolidated and audited accounts, under IFRS standards.
[ Read the report and order a hard copy ]





Mazars' Book on Accountability

Corporate Accountability and Trust: Thoughts from 12 top managers.
For Mazars, corporate responsibility is above all a balance of trust, entrepreneurial spirit and respect towards all. It is this sense of responsibility towards all of our partners, clients, institutions and staff that drives Mazars.
Read more on the Mazars' book on Accountability
- Interview with Patrick de Cambourg, chairman of Mazars - Mazars and the sense of responsability.



Mazars is a sponsor of the international programme "Managers of World Heritage sites".

Mazars has decided to sponsor an international programme that reflects its own values, by becoming the first partner of "Managers of World Heritage sites".
The objective is to create a training programme on new operating technologies and on the management of World Heritage Sites in 190 countries and to provide a grant to a site manager to enable them to receive the training and achieve their project. This initiative, launched in October 2005, is being organised by the "Vocations Patrimoine" association and UNESCO.
Through this cultural sponsorship initiative, Mazars is focusing on two of its core values: diversity and continuity.
More information on the programme "Managers of World Heritage sites".

Online debates on Mazars.eu

Debates and events are regularly organised on www.mazars.eu, Mazars' European website.
Among the debates we hosted : Women's role in business and society (online debate with Aude de Thuin, Women's Forum) ; Corporate responsibility and trust: beyond regulations (Seminar in Brussels).
More information on www.mazars.eu

IFRS - 2005 European survey

The year 2005 marks a new stage in the implementation of International Financial Reporting Standards (IFRS) in the countries of the European Union. At a time when companies affected by the change are beginning to issue their first financial statements under IFRS, we can state without doubt that the parties involved are, overall, moving forward as we would expect them to. [ read more ]




   






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