Issue - items at meetings - Preparing for International Reporting Standards (IFRS)

Issue - meetings

Preparing for International Reporting Standards (IFRS)

 

 

Meeting: 28/09/2009 - Audit Board (this committee has been combined with the Audit, Standards & Governance Committee and no longer meets) (Item 17)

17 Preparing for International Financial Reporting Standards (IFRS) pdf icon PDF 75 KB

Additional documents:

Minutes:

Consideration was given to a report which informed Members of the impending introduction of International Financial Reporting Standards to Local Authorities.  The report highlighted the likely timeframes for introduction and the possible impact this may have on resources.

 

RESOLVED:

(a)       that the Council’s preparations for the introduction of International Financial Reporting Standards be noted; and

(b)       that the proposed approach to progress the introduction of International Financial Reporting Standards as detailed in Appendix A of the report be approved.