TS gained a fascinating insight into the inside workings of the UK Accounting Standards Board at its public meeting last week.

While board sessions are currently held behind closed doors, the organisation recently made the move to make the meeting’s minutes available to the public.

Welcoming the move, Ron Hodges, public sector accounting boffin at Sheffield University, said that, although he had not read the latest minutes, ‘I hope they are not too dull, although I suspect they might be’.

Responding to the slight, Ian Mackintosh, the ASB’s no-nonsense Aussie leader, said: ‘You should try being at the meetings.’