Comment deadline for CIPFA/LASAAC 2014/15 Code of Practice on Local Authority Accounting
The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Authority (Scotland) Accounts Advisory Committee (LASAAC) are seeking comments on an exposure draft of the 2014/15 Code of Practice on Local Authority Accounting in the UK (the Code) which would apply to accounting periods beginning on or after 1 April 2014
The exposure draft includes proposals to incorporate the requirements of IFRS 13 Fair Value Measurement and a number of other international standards such as IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, IFRS 12 Disclosure of Interests in Other Entites, IAS 27 Separate Financial Statements (as amended in 2011) and IAS 28 Investments in Associates and Joint Ventures (as amended in 2011) into the Code.
Click here for our related news story.
Related Topics
- IAS 27 — Separate Financial Statements (2011)
- IAS 28 — Investments in Associates and Joint Ventures (2011)
- IFRS 10 — Consolidated Financial Statements
- IFRS 11 — Joint Arrangements
- IFRS 12 — Disclosure of Interests in Other Entities
- IFRS 13 — Fair Value Measurement
- Statements of Recommended Practice (SORPs)
