Dutch Accounting Standards

Established in 1981, the Dutch Accounting Standards Board (DASB), known in Dutch as the Raad voor de Jaarverslaggeving (RJ), is the primary authority for establishing accounting principles in the Netherlands. It operates as a private-sector partnership between companies, users of financial reports (such as investors and analysts), and the accountancy profession. The DASB's mission is to enhance the quality and transparency of external financial reporting by issuing the 'Richtlijnen voor de jaarverslaggeving' (Dutch GAAP), which serve as the definitive guidelines for preparing annual accounts for a wide range of Dutch entities.