Transposição da nova diretiva da contabilidade

: o caso de Reino Unido e Portugal

Abstract

The Directive 2013/34/UE wich will be transposed to the national accounting normatives of the Member States of the European Union introduces a set of options that expedite the process. Due to this discretion it is possible to find differences between these accounting normatives. This dissertation aims to analyze the choices made by Portugal and the United Kingdom in the transposition of this directive. This comparison will be limited to the options contained in this directive regarding financial reporting of small and micro-sized entities. First, a literature review is presented, which provides a general framework for the accounting harmonization process in the European Union, introducing the 4th and 7th Directives. Subsequently, the Directive 2013/34/EU (New Directive) is addressed, describing all the options included in the financial report of small and micro entities. Finally, a brief introduction is made to the accounting regulations of Portugal and the United Kingdom, followed by a comparison of the choices made by these countries. This study concluded that the Member States under review lacked a total level of harmonization between standards for small and micro entities, even though there is consistency in some of those options. Thus, the New Directive does not contribute to a standardization of the accounting rules and, consequently, the incomparability of the financial information produced by the small and micro companies of these two Community countries remains.

Date of Award	9 Jul 2018
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Maria José Martins Lourenço da Fonseca (Supervisor) & Luísa Anacoreta (Supervisor)