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Joint letter from DRSC and AFRAC on the VSME to the European Commission

On 21 March 2025, the Accounting Standards Committee of Germany (DRSC) and the Austrian Financial Reporting Advisory Committee (AFRAC) jointly submitted a letter to the European Commission, highlighting unclear wording in the VSME (Voluntary Sustainability Reporting Standard for non-listed SMEs) that were identified during the translation work of the joint project group. Read more

European Commission: Work programme for 2025

On 12 February 2025, the European Commission published its work programme for 2025. One of the European Commission's objectives is to strengthen economic development in the single market, among other things by reducing administrative burdens for companies. Read more

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