Consultation on proposed changes to the 2022 Accounting Direction

The responses to the Accounting Direction 2019 consultation identified a number of issues which were outside of the scope of the changes proposed at the time. This included Schedule 1 of the Direction (Particulars of turnover, cost of sales, operating expenditure and operating surplus) and certain narrative reporting disclosures.

RSH committed to further examine these issues and we are now in a position to consult on further amendments to the Accounting Direction. RSH will review the proposed changes to the Accounting Direction in light of the responses received to this consultation. Any changes that may be made to the Accounting Direction will come into force for accounting periods commencing 1 January 2022.