The move comes after the ONS announced that £9bn of guarantees from the government for loans to Network Rail – set to acquire beleaguered Railtrack – would be included as part of the Treasury’s accounts.
The Statistics Commission will meet in two weeks to discuss the off-balance sheet accounting and the controversial decision to classify Network Rail as a private company.
The National Audit Office has opposed Network Rail’s classification as a private sector company, saying the rail company should be classified as a subsidiary of the Strategic Rail Authority, which would make it a public company.
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season