The “Commission des normes comptables (CNC)” (Accounting Standards Board) announces the revision of Q&A CNC 15/004 (R) entitled “Exemption from the obligation to draw up consolidated accounts of sub-groups: concept of conformity and equivalence (Art. 1711-7 point 2° LSC)”.

This Q&A has been revised to reflect the following:

• the United Kingdom’s withdrawal from the European Union;
• the renumbering of the articles of the Law of 10 August 1915 on commercial companies.