Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Returning briefly to IAS 39 Mr. Fitzpatrick, it has been very significant in the context of Irish banks. Did the adoption of that standard mean that audited financial statements no longer had to comply with the true and fair view standard? It didn't remove the true and fair view standard?
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