Agenda Profile: Toomas Uibo

Draft law amending the Accounting Act and, as a consequence, amending other laws (516 SE) – first reading

2024-10-22

15th Riigikogu, 4th session, plenary session

Political Position
The central issue is the insufficient raising of the thresholds for the auditing obligation in the draft amendment to the Accounting Act (Bill 516 SE). The speaker strongly supports the government's overall goal of reducing bureaucracy and enhancing business competitiveness, but objects to the 25% threshold increase proposed by the Ministry of Finance. The political stance is clearly policy- and action-based, demanding an increase of at least 50%, which would correspond to Estonia's actual inflation (57%).

2 Speeches Analyzed
Topic Expertise
The speaker demonstrates significant expertise in accounting regulations and mandatory auditing requirements, utilizing detailed statistical comparisons. Data is presented concerning the rise in the Consumer Price Index (CPI) in Estonia (57%) and the Eurozone (27.2%). Furthermore, the actual percentage (5.5%) of enterprises subject to mandatory auditing is calculated, excluding those with zero turnover. This points to a profound knowledge of impact analyses derived from annual financial reports.

2 Speeches Analyzed
Rhetorical Style
The tone is concerned and urgent, stressing that now is precisely the right moment to "give the economy oxygen." The style is formal and relies heavily on logical arguments and numerical comparisons to demonstrate the unfair administrative burden placed on Estonian companies. Instead of an emotional appeal, fact-based criticism and references to good practice standards (4% coverage) are used.

2 Speeches Analyzed
Activity Patterns
The speech was delivered during the debate on the first reading of a specific draft bill (516 SE) in the Riigikogu. The speaker requested additional time, indicating a desire to address the topic thoroughly and in detail, and to voice the concerns of their parliamentary group (Eesti 200).

2 Speeches Analyzed
Opposition Stance
The main criticism is aimed at the Ministry of Finance because their proposal (raising the 25% threshold) does not correlate with Estonia's economic situation and increases the administrative burden. Furthermore, the data presented by Jaak Aab, Chairman of the Economic Affairs Committee, regarding the growth of company assets, is being challenged, as critics deem it an inaccurate measurement. The criticism is based on policy and methodology, not personal grounds.

2 Speeches Analyzed
Collaboration Style
The speaker is open to compromise and cooperation, expressing hope that an agreement can be reached either in the chamber or in the committee between the two readings in order to accommodate the needs of businesses. It is noted that this is a shared concern of the Eesti 200 faction, which demonstrates the existence of intra-factional support.

2 Speeches Analyzed
Regional Focus
The focus is directed at the national level, centering on the competitiveness and administrative burden faced by Estonian businesses. The analysis includes an international comparison, referencing recommendations from Brussels and the average inflation rate in the euro area, in order to highlight Estonia's specific context. There is no mention of specific local regions.

2 Speeches Analyzed
Economic Views
Economic views are strongly pro-business, emphasizing the need to reduce bureaucracy and regulations in order to boost competitiveness. They support policies that foster economic growth, which would reduce the administrative burden on approximately one thousand companies, noting that this will incur no financial cost to the state.

2 Speeches Analyzed
Social Issues
There is not enough data.

2 Speeches Analyzed
Legislative Focus
The legislative priority is refining the draft amendment to the Accounting Act (516 SE) in order to raise the mandatory auditing thresholds by at least 50%. The speaker is a critical supporter of the initiative, seeking to modify the bill's parameters to align the legislation with Estonia's economic reality and provide support for businesses.

2 Speeches Analyzed