Accounts Modernisation Directive

Business, Legal & Accounting Glossary

Definition: Accounts Modernisation Directive


Quick Summary of Accounts Modernisation Directive


An EU directive that requires companies to publish information that provides a “balanced and comprehensive” analysis of their development and performance during the financial year.



What is the dictionary definition of Accounts Modernisation Directive?

Dictionary Definition


This EU Directive (2003) requires companies to publish accounting information that provides a “balanced and comprehensive” analysis of their development and performance during a financial year.

This information should include not only Key Financial Performance Indicators (KFPI’s) but also, as appropriate, non-financial indicators, such as information concerning environmental and employment matters.

This directive, which is binding for medium and large companies, has necessitated changes to UK regulations concerning director’s reports.


Full Definition of Accounts Modernisation Directive


The Accounts Modernisation Directive (AMD) is an EU directive that requires companies to publish information that provides a “balanced and comprehensive” analysis of their development and performance during the financial year.


Examples of Accounts Modernisation Directive in a sentence


The Accounts Modernisation Directive (AMD) is an EU directive that requires companies to publish information that provides a “balanced and comprehensive” analysis of their development and performance during the financial year.


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Definition Sources


Definitions for Accounts Modernisation Directive are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th December, 2019 | 6 Views.