Nordic Projects

NSRS

Nordic Sustainability Reporting Standard

In the autumn of 2021, NAF launched the Nordic Sustainability Reporting Standard (NSRS) for small and medium-sized enterprises. The standard is a good example of how Nordic collaboration addresses the future needs and common interests of both accountants and companies.
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NAF report on key EU regulatory developments for the accounting industry

At the NAF Convention 2025 on 2-3 March a joint commissioned report was presented by Kreab Worldwide/Brussels.

The aim of the report is to present an overview of EU regulation and upcoming development that influences the accounting industry. Consequently, the report combines intelligence on initiatives with links to documents and major announcements at EU level (European Commission, Council, European Parliament), and also comments on next steps to help to monitor the evolution of activities.

The report includes an impact chart in a form of a ‘’traffic light’’ system, enabling to better assess the magnitude of all EU policy initiatives.

The topics covered in the report include:

1. Taxation (including VIDA and E-invoicing)

2. Accounting

3. Sustainability

4. Anti-money laundering

5. Crypto currencies regulation

6. Simplification (Omnibus package)

7. Data sharing & cyber (including DataGovernance Act, e-IDas, DORA)

8. Labour law 

The document can be downloaded and is free on charge provided reference to NAF (.pdf)