The Ministry of Finance of Moldova announced that the government approved a draft law amending the Law on Accounting and Financial Reporting No. 287/2017. The measure is intended to align national legislation with European Union rules by transposing the directive that revises size criteria for entities and groups. The draft updates the criteria for classifying micro, small, medium-sized and large entities and groups, with the new thresholds applying from the 2027 reporting period. The revised thresholds would allow more entities to use simplified financial reporting requirements and would reduce the number of groups required to prepare consolidated financial statements.
Ministry of Finance (Moldova) 2026-04-29
Moldova Ministry of Finance secures government approval for accounting law changes updating entity and group size thresholds from 2027
The Ministry of Finance of Moldova announced government approval of a draft law amending the Law on Accounting and Financial Reporting No. 287/2017 to align national rules with the EU directive revising size criteria for entities and groups. The draft updates thresholds for classifying micro, small, medium-sized and large entities and groups from the 2027 reporting period, enabling more entities to use simplified financial reporting and reducing groups required to prepare consolidated financial statements.