Call for High-Quality Corporate Reporting in the Next EU Budget Consultation
EFRAG is encouraging stakeholders in the field of corporate reporting to participate in the European Commission’s (EC) consultation on the future EU long-term budget (MFF) by 06 May 2025 (midnight Brussels time). This is a key opportunity to highlight the importance of continuing to support high-quality financial reporting, sustainability reporting, and auditing standards in the EU’s future programmes.
Why does your input matter?
High-quality corporate reporting standards are crucial for transparency, accountability, and informed decision-making. They play a vital role in supporting the EU’s competitiveness agenda.
Corporate reporting builds trust and credibility by providing a clear view of an entity’s financial health and impact. Effective reporting improves access to capital markets, and stimulates sustainable finance, driving progress towards Savings and Investment Union.
Europe must continue to lead in setting reporting standards that are fit for purpose and globally relevant. EFRAG plays a key role for Europe in the corporate reporting standard-setting process.
By completing the consultation, you contribute to supporting EFRAG’s mission to serve the European public interest in both financial and sustainability reporting by developing and promoting European views in the field of corporate reporting.
Take a few minutes to respond. You can answer specific questions without completing the whole consultation by using the find function in the questionnaire and typing “reporting”.