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United Kingdom · Question · Written question

HL HL1376

Company Accounts

answeredUnited Kingdom· UK Parliament· EN

Introduced

30 June 2022

Last action

12 July 2022 · Answer

Status

Answered

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Discovery layer

Source updated

12 July 2022

Summary

To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 11 April 2018 (HL6619), why (1) they, and (2) the Financial Reporting Council, consider that the powers of section 464 do not include distributable profits GAAP for the audit

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Timeline

  1. 30 June 2022

    Written question

    To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 11 April 2018 (HL6619), why (1) they, and (2) the Financial Reporting Council, consider that the powers of section 464 do not include distributable profits GAAP for the audit

    Source: Lords

  2. 12 July 2022

    Answer

    The accounting standards in Section 464 of the Companies Act 2006 are relevant to the preparation of individual or group accounts in accordance with Part 15 of the Act. The Act does not establish a requirement for companies to disclose their distributable...

    Source: Written answer

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