Article 5U.K.Options in respect of annual accounts and of non publicly-traded companies
Member States may permit or require:
(a)
the companies referred to in Article 4 to prepare their annual accounts,
(b)
companies other than those referred to in Article 4 to prepare their consolidated accounts and/or their annual accounts,
in conformity with the international accounting standards adopted in accordance with the procedure laid down in Article 6(2).