A question on #Accountancy tabled by Baroness Bowles of Berkhamsted on 11-03-2025 has been answered by Baroness Jones of Whitchurch.

Heading: Accountancy
Question ID: 1783552
UIN: HL5642
House: Lords
Date tabled: 2025-03-11
Asking Member ID: 4562
Asking Member display name: Baroness Bowles of Berkhamsted
Asking Member handle:
Asking Member Twitter reference: Baroness Bowles of Berkhamsted
Member interest: false
Question text: To ask His Majesty's Government, further to the Written Answer by Baroness Jones of Whitchurch on 10 March (HL5234), whether they have considered whether the Financial Reporting Council guidance would have caused the threshold for applying the going conce
Is named day: false
Date of holding answer:
Date answered: 2025-03-25
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 3792
Answering Member display name: Baroness Jones of Whitchurch
Answering Member handle: WhitchurchGirl
Answering Member Twitter reference: @WhitchurchGirl
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Guidance issued by the Financial Reporting Council does not change any legal requirement. The issuance and/or application of this guidance would not therefore have caused a change in the going concern basis of accounting assessment.
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true