HC Deb 21 February 1977 vol 926 c467W
Mr. Steel

asked the Secretary of State for Trade what progress he is making in adopting a standard form of inflation accounting.

Mr. Clinton Davis

I refer the hon. Member to the reply given by my right hon. Friend on 30th November 1976 to my hon. Friend the Member for Leeds, West (Mr. Dean)—[Vol. 921, c. 128–9.]—The Accounting Standards Committee has invited comments by 31st May 1977 on its Exposure Draft on Current Cost Accounting (ED 18).