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A challenging work programme for the newly elected European Parliament

Date

27 May 2014

Sections

EU Elections 2014
InfoSociety

-ACCA (the Association of Chartered Certified Accountants) hopes that the actors of this new EU legislature are ready for the daunting challenges on their agenda and looks forward to a fruitful collaboration -

On 22-25 May Europe's citizens were called upon to elect their European Parliament representatives. Now the new Parliament is getting ready to embark on a five-year new legislative term for the 8th time since the first direct elections in 1979.

ACCA advises that the re- and newly elected Members of the European Parliament face numerous political, economic and societal opportunities and challenges ahead, especially when making difficult choices that will have an impact on all people within and beyond the European Union.

Ewan Willars, Director of Policy at ACCA said: “We hope that this Parliament is determined to address the urgent crisis-related issues, especially those concerning unemployment and job creation. It is also crucial to further complete the Economic and Monetary Union and to continue working towards the promotion of economic growth and competitiveness.”

“The newly elected European Parliament will be a key actor in the shaping of instrumental policies in the years to come. We namely believe that particular attention should be brought to small businesses, the backbone of the economy. ACCA is convinced that SME policy should be at the heart of the EU’s economic recovery plan and that EU legislation shall pass the 'think small first' test,” argued Ewan Willars.

“In addition, since Diversity is one of ACCA’s core values, we support initiatives that will promote it and strengthen equal opportunity for all. We also favour cost-efficient company law solutions that will contribute to competitiveness and long-term performance, added Ewan Willars.

The global accountancy body hopes for a fruitful collaboration with the Parliament and the other EU decision makers in tackling issues that are particularly close to the heart of its members, such as corporate reporting and governance, taxation, company law, small business affairs, financial regulation, sustainability, education and professional qualifications.

"ACCA is willing to engage in a constructive dialogue and to offer the support, knowledge and experience of its best experts. We look forward to working with all the actors of this new legislature in the years ahead. We will closely monitor the next steps regarding the compositions of the various EP committees and of course the designation of the President of the European Commission,” concluded Ewan Willars.  

-ends-

For more information, please contact:
Vikte Andrijauskaite - vikte.andrijauskaite@accaglobal.com
Direct: +32 (0) 2 286 11 37
Twitter @ACCANews

Notes to Editors

1.     ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

2.     We support our 162,000 members and 428,000 students in 173 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. We work through a network of 91 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through our public interest remit, we promote appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.

3.     Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. Our values are aligned to the needs of employers in all sectors and we ensure that through our qualifications, we prepare accountants for business. We seek to open up the profession to people of all backgrounds and remove artificial barriers, innovating our qualifications and delivery to meet the diverse needs of trainee professionals and their employers. 

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