The government is set to adopt international accounting standards, which
could see more private finance initiatives back on its books.
Treasury officials confirmed that government will move from UK GAAP to IFRS
as of the beginning of next year.
The accounts will make government’s accounts more comparable and in line with
practice in the private sector, the FT reported.
Treasury officials acknowledged the practice would see about £40bn of
PFI projects finally on government’s
Vernon Dennis of Howard Kennedy LLP explores recent and future challenges faced by the insolvency sector
Report argues that the government must change the way it makes tax and budget decisions
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs