ASB exposure draft wants to bring priceless heritage assets onto owners' books
The ASB has rolled out its latest consultation on how the UK’s priceless national treasures should be treated on the books of the institutions that own them.
The ASB’s FRED 42 exposure draft on heritage assets calls for more disclosure on the value of the collections, even if they are kept off the balance sheet. Advisers said institutions such as the British Library, which owns the Lindisfarne Gospels, and the National Gallery would have to look at their reporting again if the proposals were pushed through.
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