Consultation on Proposed Implementation of GAAP in the States of Jersey.

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A decision made (19/05/2008) regarding: Consultation on Proposed Implementation of GAAP in the States of Jersey.

Decision Reference: MD-TR-2008-0060
Decision Summary Title:	Consultation on Proposed Implementation of GAAP in the States of Jersey		Date of Decision Summary:	19th May 2008
Decision Summary Author:	Jason Turner - Deputy Treasurer		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Implementing Generally Accepted Accounting Practices in the States of Jersey		Date of Written Report:	13th May 2008
Written Report Author:	Alisdair Macleod – RAB Project Manager		Written Report : Public or Exempt?	Public
Subject: Limited consultation on the implementation of Generally Accepted Accounting Principles (GAAP) in the States of Jersey.
Decision(s): The Minister decided to consult on the implementation of GAAP and to specifically seek the views of the following parties on the planned accounting standards to be adopted for the States of Jersey as summarised in the document ‘Implementing Generally Accepted Accounting Practices in the States of Jersey’: Corporate Management Board Council of Ministers Comptroller and Auditor General Public Accounts Committee Chamber of Commerce States Assembly Members Jersey Society of Chartered and Certified Accountants
Reason(s) for Decision: To gain the views of interested parties on the planned accounting standards to be adopted by the States of Jersey.
Resource Implications: There are no additional financial or manpower implications with this consultation
Action required: Attached consultation document to be issued, copies send directly to agreed bodies. Press release to be issued
Signature:		Position: Senator T A Le Sueur, Minister for Treasury and Resources
Date Signed: 19th May 2008		Date of Decision: 19th May 2008