What was the primary influence on Germany's accounting regulations from the mid-1980's until very recently?

Question

Quizplus · Accepted Answer

From the mid-1980s until very recently, the primary influence on Germany's accounting regulations was the directives of the European Union. As a member of the EU, Germany is required to harmonize its accounting standards with those of the EU. Therefore, the EU directives have played a significant role in shaping the accounting regulations in Germany.

What Was the Primary Influence on Germany's Accounting Regulations from the Mid-1980's