EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
All companies listed on a regulated exchange in the European Union are required to apply the International Financial Reporting Standards (IFRS) approved by the EU in their consolidated financial statements. Additionally, Dutch legislation allows all entities under Title 9 of the Dutch Civil Code to voluntarily apply IFRS instead of Dutch accounting principles. What does the application of IFRS mean for Dutch companies? This publication provides the answer to that question.