337. Deputy Pearse Doherty asked the Minister for Jobs, Enterprise and Innovation his views on whether an accounting policy (details supplied) may be interpreted by banks as an opportunity to delay the recognition of losses; and his further views on whether this is not in accordance with, IAS 8.10 which states that management must observe prudence when making a subjective judgement on the determination of whether a loss event has or has not occurred. [7785/14]

Summary

337. Deputy Pearse Doherty asked the Minister for Jobs, Enterprise and Innovation his views on whether an accounting policy (details supplied) may be interpreted by banks as an opportunity to delay the recognition of losses; and his further views on whether this is not in accordance with, IAS 8.10 which states that management must observe prudence when making a subjective judgement on the determination of whether a loss event has or has not occurred. [7785/14]

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• Financial Services Regulation

  xml · EN · 18 February 2014

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