Updated 18/09/2024
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Article 12 - Accounting information

Article 12

Accounting information

Where audited financial statements are not available for the latest two financial years, crowdfunding service providers shall, for the purposes of Article 4(4), point (b)(i) of Regulation (EU) 2020/1503, base the assessment of the project owner’s financial situation on documents prepared by a tax adviser, sworn accountant or other certified person subject to a professional quality assurance system.