January 1993
Accountancy;Jan1993, Vol. 111 Issue 1193, p96
Trade Publication
The article focuses on a financial reporting exposure draft concerning a limited amendment to the Statement of Standard Accounting Practice No. 15 which covers accounting for deferred tax in Great Britain. The Committee was set up in May 1991 by the Financial Reporting Council, the London Stock Exchange, and the accountancy profession to address the financial aspects of corporate governance. The Committee recommends that its sponsors, convened by the Financial Reporting Council, should appoint a new Committee by the end of June 1995 to examine how far compliance with the Code has progressed, how far its other recommendations have been implemented, and whether the Code needs updating.


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