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Type
House
Session
Year
Department
Member
Primary member
Answering member
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Mowlam, Marjorie (1)
Legislative stage
Legislation
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Accountancy (1)
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To ask the Minister for the Cabinet Office, what methods of depreciation her Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets. - Includes ref to Financial Reporting Standard 15 'Tangible Fixed Assets'.
To ask the Minister for the Cabinet Office, what methods of depreciation her Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets. - Includes ref to Financial Reporting Standard 15 'Tangible Fixed Assets'.
Asked by
Lord Blencathra
(Conservative)
Answered by
Marjorie Mowlam
(Labour)
Answering body
Cabinet Office
Type
Written questions
Status
Answered
Tabled on
28 October 1999
For answer on
8 November 1999
Answered on
8 November 1999
Mr. Maclean: To ask the Minister for the Cabinet Office what methods of depreciation her Department will apply in the current
financial year to fixed assets in the preparation of departmental resource accounting balance sheets. [97041]
Marjorie Mowlam: In the preparation of the 1999-2000 Cabinet Office resource account, depreciation will be provided on a straight
line basis calculated to write off the valuation of fixed assets over their estimated useful lives. The method of depreciation is in
accordance with the Treasury's Resource Accounting Manual, the requirements of which are underpinned by Financial Reporting Standard
15 `Tangible Fixed Assets', issued by the Accounting Standards Board.
Subjects
Accountancy; Assets; Budgeting; Government departments; Cabinet Office
Date
8 November 1999
Reference
97041; 337 c439W
House
House of Commons