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Accounting Conventions

Volume 164: debated on Monday 18 December 1989

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To ask the Secretary of State for the Environment whether in the last 10 years he or his predecessors, either by direction or informally, secured changes in the accounting conventions followed by water authorities, the Property Services Agency and the Crown Suppliers, respectively; and if lie will make a statement.

Since 1982–83 water authorities' historical cost accounts have been supplemented by Accounts prepared under the current cost convention. There have been no changes in the last 10 years in the accounting conventions followed by the Property Services Agency or the Crown Suppliers.