De minimis and Public Interest Entity: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Source: BDO webpage https://www.bdo.global/en-gb/services/audit-assurance/eu-audit-reform/what-is-a-public-interest-entity-(pie))
 
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A legal term implying that a matter is trivial and it is not appropriate to pursue it.
''Financial reporting and governance''.
 
(PIE).
 
A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.
 
The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.




== See also ==
== See also ==
* [[De maximis]]
* [[Audit]]
* [[De minimis exempt tax]]
 
[[Category:Compliance_and_audit]]

Revision as of 16:30, 10 July 2018

Financial reporting and governance.

(PIE).

A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.

The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.


See also