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United Kingdom · Question · Written question

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Company Accounts: Standards

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 May 2022

Last action

20 May 2022 · Answer

Status

Answered

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Discovery layer

Source updated

20 May 2022

Summary

To ask Her Majesty's Government why the UK Endorsement Board’s analysis for the endorsement of IFRS 17 made no assessment of whether the need to override the application of a standard would be "extremely rare".

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Timeline

  1. 10 May 2022

    Written question

    To ask Her Majesty's Government why the UK Endorsement Board’s analysis for the endorsement of IFRS 17 made no assessment of whether the need to override the application of a standard would be "extremely rare".

    Source: Lords

  2. 20 May 2022

    Answer

    The UK Endorsement Board’s Endorsement Criteria Assessment (ECA) for IFRS 17 sets out the results of the UK Endorsement Board’s assessment of the standard against the adoption criteria in SI 2019/685. The ECA states that this assessment has not identified...

    Source: Written answer

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