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European Federation of Accountants and Auditors for Small and Medium-sized Enterprises

Acronym: EFAA for SMEs

General Information

Identification Code: 002077217226-17
Website: [object Object]
Entity Form: AISBL
Registration Category: Trade unions and professional associations
Registration Date: 5/5/2015
Last Update: 4/8/2024
EP Accredited Number: 0

Mission & Interests

Goals: The European Federation of Accountants and Auditors for small and medium-sized enterprises (EFAA for SMEs) is an umbrella organisation for national accountants and auditors' organisations whose individual members provide professional services primarily to SMEs within Europe. It was founded in 1994. EFAA for SMEs has 15 members throughout Europe representing over 400,000 accountants, auditors and tax advisors. Small and medium-sized accounting practices (SMPs) are European SMEs' most important business advisors. They help entrepreneurs gain access to finance, and they provide valued business advice allowing them grow their businesses sustainably. SMEs have a number of specificities. An important characteristic is that most of their business relations are based on very close personalised cooperation and mutual trust. Hence, their accountants and auditors need to provide targeted services to accommodate the individual needs of SMEs and of the users of their financial statements.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Business and industry
  • Digital economy and society
  • Economy, finance and the euro
  • Education and training
  • Single market
  • Taxation
Levels of Interest:
  • european

Activities

Main EU Legislative Proposals: Corporate Reporting (Auditing, Accounting, Sustainability reporting) Corporate governance, economic governance, taxation (tax rulings, VAT, Head Office Tax System for SMEs, CCCTB) SMP professional qualifications/education and ethics SME affairs (SME access to finance, accounting and auditing and SME Relief Package)
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: 4 Rue Jacques de Lalaing
Post Code: B-1040
City: Brussels
Country: BELGIUM
Phone: [object Object]

EU Office

Address: 4 Rue Jacques de Lalaing
Post Code: B-1040
City: Brussels
Country: BELGIUM
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]

Membership Information

Members10 Percent: 0
Members25 Percent: 1
Members50 Percent: 3
Members75 Percent: 0
Members: 4
Members F T E: 1.75

Structure

Structure Type: Structure
Is Member Of: https://efaa.com/member/
Organisation Members: Member of the association of crafts and SMEs in Europes (SMEunited). Founding member of the European Financial Reporting Advisory Group (EFRAG). Member of Early Warning Europe. Cooperation agreement with EUIPO Network Partner of International Federation of Accountants (IFAC).