Is EU wide country-by-country reporting really on its way?

Posted on

I sat and listened to Big 4 accountants saying how dangerous and misleading country-by-country reporting would be this afternoon - although I can't say where.

Tonight the EU has announced it is looking at ways o rush through legislation to deliver it, maybe next month.

I'm not counting chickens - not least because even the recent banking standard was not quite good enough.

But I have to say that to get to this point just over ten years after creating the idea is a cause of a little personal satisfaction tonight.

I might have a small glass of something with supper when I finally get home.