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06 Mar 2002
The red-hot debate, has drawn response from trade unions, pension fund managers, UK plcs and international standard setters.
In addition users can read an exclusive piece defending the measure by John Morley, senior lecturer in financial reporting at the University of Brighton.
FRS 17, which forces companies to account for pension assets and liabilities on the balance sheet, now takes effect in 2005
But trade unions have called for the standard to be scrapped while the National Association of Pension Fund Managers says its requirements should be 'relaxed'.
The Accounting Standards Board, which developed the rule, has refused to back down despite a potential clash between FRS 17 and international accounting standards, which all EU companies must adopt by 2005.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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