Stefan Petrovski* |
Corresponding Author: Stefan Petrovski, European Parliament, Belgium |
Revised: 21 September 2020; |
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Over time and through its evolution the European Union
(EU) has increasingly evolved to become the new area for the development of
Chartered accountants’ activities. It not only affects and alters their
professional lives as well as that of their firms and more generally, the
profession of Chartered accountant functions in France and in other EU Member
States. How do we understand the evolution of a regulated profession following
the establishment of European directives that are affecting it? How do we best
take advantage of this new economic area and accompany our clients in it? In
the first part, we analyze the implementation of the “Services”, “Recognition
of professional qualifications”, “Accounting” EU Directives and their
transpositions into French law. Then, the second details the EU market reality
which is constituted of mainly Small and medium-sized companies and who are the
Chartered accountant’s clients. The third part presents some adaptations for
Chartered accountant, which are necessary and desirable. Finally, this study
bring to light that the major and “only” obstacles seeming to block Chartered
accountants from servicing SMEs in the EU are social law, tax law, national
languages and certain psychological barriers. All which are surmountable as
long as accounting professionals are motivated and view the European Union as
our common living space and national territory. Now one question is being
raised: How can we conceive of serving a client in the European Union, a Union
which is now actually debating its founding principle of free movement?
Keywords: Reality,
Opportunity, European directives impacts, Chartered accountant, European union.