10 June 2025
IAASA has today published decisions about accounting treatments applied by Kingspan Group plc in its 31 December 2023 annual financial statements.
These two decisions relate to:
| The disclosure of a contingent liability arising from an Article 14(1) of the EU Merger Regulation investigation by the European Commission (EC) to determine whether Kingspan intentionally or negligently supplied incomplete, incorrect and/or misleading information during the EC’s investigation of the issuer’s proposed acquisition of a roofing and insulation materials manufacturer. | You can find the full financial reporting decision here |
| The level of disclosures of risks and uncertainties regarding the impact of the Grenfell fire, the public enquiry, on-going investigations, and/or associated media coverage. | You can find the full financial reporting decision here |