Dáil debates
Thursday, 2 March 2017
Questions on Promised Legislation
1:00 pm
Josepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source
Could I ask the Minister about the Companies (Accounting) Bill? The Bill will amend the Companies Act 2014 and transpose the EU directive, which will have the effect of making financial disclosure easier for small or medium companies. It will also have a very impactful change on micro companies, which have a turnover of less than €700,000, a balance sheet of less than €300,000 and approximately ten employees. Firms need to know what their accounting requirements are in a clear and meaningful way. I would like to ask when the measure will be expedited.
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