# Commission Regulation (EC) No 1653/2004 of 21 September 2004 on a standard financial regulation for the executive agencies pursuant to Council Regulation (EC) No 58/2003 laying down the statute for executive agencies to be entrusted with certain tasks in the management of Community programmes, Article 52

Extent: E+W+S+N.I.

The accounts must comply with the rules and be accurate and comprehensive and present a true and fair view:
(a) as regards the financial statements, of the assets and liabilities, charges and income, entitlements and obligations not shown as assets or liabilities, and cash flow;
(b) as regards reports on budget implementation, of revenue and expenditure operations.

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Source: https://www.legislation.gov.uk/eur/2004/1653/article/52 (the official version)
Page: https://openlegislation.uk/eu-regulation-2004-1653/article-52
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.