Promoting Professional Standards

Providing regular and timely input to the European and international standard-setting process in order to help ensure the stability, relevance, scalability and proportionality of European and international professional standards for SMEs and SMPs.

EFAA’s Accounting and Tax Expert Group (Acc&TaxEG) and Assurance Expert Group (AssEG) meet regularly to develop responses to public consultations and exposure drafts, as well as interventions at meetings and events, relating to new and revised European and international professional standards. Professional standards include those in relation to financial and sustainability reporting, audit and assurance, ethics, and quality management.

Below is the archive of events and of responses to public exposure and consultations policy positions and responses to public consultations and exposure drafts, primarily to the EFRAG, IAASB, IASB, and IESBA, is here. A compendium of all key positions, including those relating to European and international professional standards, is available here.

The Acc&TaxEG is chaired by Richard Martin, EFFA Special Adviser and the members are listed here.

The AssEG is chaired by Paul Thompson, EFAA for SMEs Technical Director and the members are listed here.