To ask the Secretary of State for Health which trusts’ financial balances are most at risk from being reported under international financial reporting standards; and what the balance in question is in each case. (246841)

National health service organisations will be required to prepare their statutory accounts in accordance with international financial reporting standards (IFRS) for the first time for the 2009-10 financial year.

The 2009-10 operating framework requires NHS organisations to submit their final IFRS compliant financial plans for 2009-10 in March 2009. As such the detailed financial impact of moving to IFRS is not currently available.