File: AS/N 2

Scope and Content

"Jan 1972-Dec 1973" inscribed on the cover.

Material concerns: ED7 [extraordinary items]; accounting for VAT; ED9 [on government grants]; ED3; the International Accounting Standards Committee IASC; ED6 [stocks and work in progress]; a draft ED on statements of source and application of funds; deferred taxation; the Explanatory Foreword; the enforcement of standards; the ICAEW's Technical Committee [TC]; the Companies Act 1948; the Companies Act 1967; corporation tax; inflation accounting; and depreciation.