Written question asked by Baroness Bowles of Berkhamsted (Liberal Democrat) on Tuesday, 11 March 2025, in the House of Lords. It was due for an answer on Tuesday, 25 March 2025. It was answered by Baroness Jones of Whitchurch (Labour) on Tuesday, 25 March 2025 on behalf of the Department for Business and Trade.
Accountancy
- Question
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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 concern basis of accounting in the cases of Carillion and its subsidiary companies to be regarded as high even where these were insolvent.
- Answer
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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.
Secondary information
- Type
- Written question
- Reference
- HL5642
- Session
- 2024-26
- Related items
- Subjects
- Accountancy Insolvency Financial Reporting Council Carillion
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 20:14:09 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL5642
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL5642
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL5642