EU to scrutinise global accounting rules more closely

April 24, 2015 11:53 AM

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LONDON, April 24 (Reuters) - The European Union will play an active role in a review of the accounting principles which underpin the way books are checked for companies around the world, France's top accounting standards official has said.

Listed firms in the 28-nation EU must use book-keeping rules from the International Accounting Standards Board (IASB), which is reviewing the concepts underpinning its rules.

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