International Accounting Bulletin: European Commission adopts guidelines on the disclosure of non-financial information
Posted
30 June, 2017
The European Commission (EC) has adopted non-binding guidelines on the disclosure of non-financial information by companies which aims to help companies to disclose relevant and useful information on environmental and social matters in a consistent and comparable way.
These guidelines follow on the EU Directive on disclosure of non-financial and diversity information by certain large undertakings and groups which entered into force on 6 December 2014. Companies will have to be compliant as of 2018 on information relating to financial year 2017.