Classes of accounting
What is classes of accounting?
There are 4 different accounting classes, each with different requirements for annual report and annual accounts. The four accounting classes are divided into A, B, C and D.
- A - The simplest
- B - Micro companies and other small companies
- C - Medium and large companies
- D - The most complicated
Accounting class A
Accounting class A are the very small companies that are personal. There are no requirements of size.
Accounting class B
Companies in accounting class B are typically those with limited liability such as a limited liability company and a public limited company. This accounting class is further divided into:
- Micro B
- Small B
Mikro B are companies in size:
- Balance sheet ≤ 2.7 million
- Net revenue ≤ 5.4 million
- Number of employees ≤ 10
Small B are companies in size:
- Balance sheet ≤ 44 million
- Net revenue ≤ 89 million
- Number of employees ≤ 50
Accounting class C
This accounting class are the remaining companies that are not in accounting class A or B, they are not listed on the stock market and are not state-owned companies. This accounting class is further divided into:
- Medium-sized C
- Big C
Medium-sized C are companies in size:
- Balance sheet total ≤ 156 million
- Net revenue ≤ 313 million
- Number of employees ≤ 250
Big C are companies in size:
- Balance sheet ≥ 156 million
- Net revenue ≥ 313 million
- Number of employees ≥ 250
Accounting class D
This accounting class include listed companies and public limited companies. No size requirements apply.
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