House of Lords Business
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Baroness Bowles of Berkhamsted to ask Her Majesty's Government what assessment they have made of the consistency of the use of current market values in company accounts with the preparation of accounts on a going concern basis; and what assessment they have made of the adequacy of international accounting standards on current market values, following the collapse of companies such as Carillion and Thomas Cook which applied these standards.  HL7506

Question HL7506: tabled on 29 July 2020 and due for answer by 12 August 2020

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Question text

Baroness Bowles of Berkhamsted to ask Her Majesty's Government what assessment they have made of the consistency of the use of current market values in company accounts with the preparation of accounts on a going concern basis; and what assessment they have made of the adequacy of international accounting standards on current market values, following the collapse of companies such as Carillion and Thomas Cook which applied these standards.  HL7506
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Baroness Bowles of Berkhamsted
Liberal Democrat
Life peer