The CSRD, which is expected to be adopted in the next few weeks, will probably lead to one of the largest market interventions by the European Union in the external reporting of companies in recent decades.
The European Commission (EC) justifies this regulatory market intervention with the fact that the quality and comparability of the previous non-financial statement according to the Non-Financial Reporting Directive (NFRD) is not sufficient.
In the CSRD detailed explanatory memorandum, the following objectives are mentioned in particular, which the EC is trying to achieve with the CSRD:
Should you ever lose track of the big picture, my colleagues and I from the AGN EMEA Accounting, Auditing & Education Committee (AAEC) will be happy to help and guide you safely through the IFRS and CSR jungle. As a member of AGN International, you can use the AGN AAEC Helpline at any time or contact me by email at carsten.ernst@wirtschaftstreuhand.de or by mobile phone at +49 173 8710322.
![]() Carsten Ernst Managing Partner Wirtschafts Treuhand Group Stuttgart, Germany | – Expert in financial (IFRS) and sustainablility (ESRS and GRI) reporting – Audit of financial and sustainability reports in accordance with ISAs – Member of the following AGN bodies: – EMEA Board of Directors (Chairman) – EMEA AAEC Accounting, Auditing and Education Committee (Member) |
Type of enquiry