Companies Accounting Bill
Peter Burke sought an urgent update on the Companies Accounting Bill, particularly for businesses needing FRS 105 in the Brexit context. The Taoiseach said the Bill was awaiting Report Stage and time had to be found for it.
I ask the Taoiseach for an update on the Companies Accounting Bill 2016. This is very urgent legislation and, considering the backdrop of Brexit, there are a substantial number of businesses looking to avail of the financial reporting standard, FRS 105, which is a small provision for smaller entities. It is very urgent and needs to go through the House.