Henselmann K (2020)
Publication Language: English
Publication Type: Book chapter / Article in edited volumes
Publication year: 2020
Publisher: Chuokeizai-sha
Edited Volumes: Challenge of Accounting Research - Assimilation of Knowledge in Theory and System
Pages Range: 347-390
ISBN: 978-4-502-35741-1
Germany is a member of the European Union, which takes responsibility for many legislative areas. Therefore, accounting rules for small and medium enterprises (SMEs) in Germany cannot be analyzed without referring to the European legal framework.
The first main chapter explains the general structure of accounting legislation in Germany. This structure has remained largely constant since the transposition of the Directive. During this transposition, many formally uncodified German accounting rules for SMEs were now, for the first time, codified in the German Commercial Code (“Handelsgesetzbuch”, HGB). The second main chapter looks at how rules for recognition, measurement, presentation, and disclosure evolved over time in Germany. Reasons for changes might be later amendments of the Directive, new options, or a changed use of member state options within the Directive, and new or changed national law in areas not covered by the Directive.
APA:
Henselmann, K. (2020). Accounting Rules for SMEs in Germany - General Structure and Changes over Time. In Kawasaki, Teruyuki (Eds.), Challenge of Accounting Research - Assimilation of Knowledge in Theory and System. (pp. 347-390). Chuokeizai-sha.
MLA:
Henselmann, Klaus. "Accounting Rules for SMEs in Germany - General Structure and Changes over Time." Challenge of Accounting Research - Assimilation of Knowledge in Theory and System. Ed. Kawasaki, Teruyuki, Chuokeizai-sha, 2020. 347-390.
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