The members of the ECG are networks of independent and locally owned firms providing accountancy, auditing and consulting services.
Firms in the ECG networks collectively employ 290.000 people in EU Member States and are present with 1300 office locations in over 340 European cities.
The ECG’s public interest mission is to contribute constructively to European legislation and policy debates to maintain confidence in the profession and large networks in Europe.
The purpose of the ECG is to contribute to a sustainable business environment in Europe through:
- strengthening public trust in the professional services networks’ capabilities and their commitment to act in the public interest;
- supporting effective regulation and oversight of the professional services networks as an important building block of public trust, in order to enhance the value contributed by and the appreciation of the profession in Europe;
- contributing European perspectives to the development of international standards.
The strategic priorities of the ECG are:
Working together at European level in public interest matters
- Working together with organizations like Accountancy Europe in matters of strategic importance for the whole profession in Europe.
- Representing a European perspective on matters of public interest in the Global Public Policy Committee (GPPC) of the six professional services networks.
- Having constructive relationships with EU institutions and other stakeholders.
Promoting regulation in the public interest
- Supporting EU institutions in their regulatory and enforcement activities by sharing information and points of view developed with the contribution of the large professional services networks.
The ECG is currently following a broad range of policies impacting the profession.
Including the review of the Corporate Sustainability Reporting Directive, the public consultation on corporate reporting, the Sustainable Corporate Due Diligence initiative, the Capital Markets Union, EU Tax Policies, the Green Deal and the Action Plan on Anti-Money Laundering
Core activities of ECG are coordinated by a team of lead representatives (ECG Leads) from each of the 6 large networks. In addition, the ECG is connected to the local firms in each EU member state through local contact partners (ECG Champions).
There are four working groups:
- Tax Working Group
- Corporate governance and reporting Task Force
- Assurance Task Force
- Regulatory Compliance and Oversight Bodies Task Force