Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-12-Speech-1-225"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-11-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:International accounting standards (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20071112.23.1-225"2
lpv:hasSubsequent	lp_eu:2007-11-12-Speech-1-2262
lpv:speaker	lp:Sharon Bowles2
lpv:spoken text	"Mr President, adoption of the IFRS 8 standard will enable our companies to use the standard for the current financial year and put an end to uncertainty. The management approach will enable our companies to report publicly, with the same structure used internally, thereby reducing the burden of reporting. Users will have access to information that was previously kept internally. So IFRS 8 is a win for both the companies and the investors. But I have some concerns about the impact assessment that follow a pattern about which I have spoken before. Respondents this time seemed predominantly producers rather than users, and with regard to users there were no questions on comparability. A more pro-active approach may need to be taken with respect to impact assessments generally, and it certainly cannot have helped in this instance if one hoped-for sector of respondents does not have key questions posed. Further, some of the justifications in the report do very little to justify. Indeed, to me they look more like the type of document that is written ahead of meetings in the hope of reaching agreement. I am very British about this and prefer my minutes and responses and reports to look like they were drafted after events. I regret that European companies have been kept waiting for our endorsement of the standard, but Parliament should not be expected to give its assent, on a say-so, without time and proper information to make an assessment. However, I am pleased that there has been an improvement in cooperation recently, and I look forward to that continuing."@en1
lpv:spokenAs	member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2007-03-14--2009-07-13)3 substitute; JURI (2007-01-31--2009-07-13)3 member; ECON (2007-01-31--2009-07-13)3 unknown; Liberal Democrat Party (2005-05-12--2009-07-13)3 member; ALDE (2005-05-12--2009-07-13)3
lpv:unclassifiedMetadata	"Sharon Bowles,"1 "on behalf of the ALDE Group."1

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